MEXC Global has partnered with Alchemy Pay to integrate Alchemy’s hybrid crypto-fiat payment gateway to serve MEXC’s European market better.
By giving fiat on-ramps, the entry for crypto investors will be significantly easier for MEXC’s European. Users can deposit fiat into MEXC Global with their credit and debit cards.
“Our partnership with MEXC Global is a significant milestone in mitigating the gap between cryptocurrency and fiat to drive overall crypto adoption in the European region,” said Alchemy Pay CEO John Tan. “The is a win-win situation. Experienced investors have an easier way to invest funds in crypto, while MEXC global can now target crypto-curious investors with no crypto holdings.
Also Read: Alchemy Adds New Investors to $80M Series B
This creates more use cases for MX tokens. As now, they will be accepted as a form of payment by Alchemy Pay’s merchants and partners network. The partnership also entails integrating MEXC’s MX tokens onto Alchemy Pay’s hybrid crypto-fiat payment gateway.
MEXC Global currently offers trading services for Alchemy Pay’s ACH token and will be introducing margin shortly.