On June 15, it has been reported that the partnership will offer several payment methods for OKEx users through Paxful’s Kiosk to buy Bitcoin with over 160 fiat currencies, together with bank transfer, gift cards, and online wallets, among others.
However, Paxful customers will be able to access different trading options such as spot, margin, and futures trading, as well as the derivatives markets through OKEx’s decentralized platform, DEX.
📣 We're pleased to announce @OKEx's strategic partnership with @paxful, the largest #crypto P2P platform 🤝 Buy #Bitcoin via #FiatGateway with 167+ currencies 💱 & 300+ payment methods 💳📱🏧#BuyCrypto now: https://t.co/oXE7GITCcH Details: https://t.co/a8HXfooR3y pic.twitter.com/i8vwHQ2Myw — OKEx (@OKEx) June 15, 2020
Ray Youseff, the CEO and co-founder of Paxful, said:
“The partnership between OKEx and Paxful will open up new opportunities for users on both sides and signals that the crypto industry is uniting more and more when possible in order to use each other’s strengths to provide more options for their users.”
The report said that as a result of the new integration, the companies hope to cover regions such as Vietnam, South Africa, Argentina, Canada, Chile, Venezuela, Japan, Germany, and France.
Paxful customers will be able to access different trading options such as spot, margin, and futures trading, as well as the derivatives markets https://t.co/CxNGEuMj50 — Cointelegraph (@Cointelegraph) June 15, 2020
Jay Hao, the CEO of OKEx, said:
“Through this partnership, we can reach more users in developing regions using Paxful’s existing infrastructure and payment options and give them exposure to the benefits of OKEx’s advanced technology and diversified product suite.”
Thus, Paxful has seen a number of developments in recent months.