Paxful Peer-to-Peer Bitcoin (BTC) Market integrates its platform with OKEX, which is a large cryptocurrency exchange.
According to the June 15 announcement, the partnership will provide OKEx users with many payment methods through the Paxful Kiosk to purchase bitcoin in more than 160 specified currencies, as well as bank transfer, gift cards and online wallets.
Paxful clients will have access to various trading options, such as spot and margin trading and futures trading, as well as derivative markets through the decentralized OKEx and DEX platform. In talks with Cointelegraph, Paxful Ray Youseff CEO and co-founder said:
“The partnership between OKex and Paxful will open new opportunities for users on both sides, indicating that the crypto industry is becoming more united when one can use each other’s strengths to provide more opportunities for users.”
Companies are looking to expand their global customer base
As a result of the new integration, companies hope to cover areas such as Vietnam, South Africa, Argentina, Canada, Chile, Venezuela, Japan, Germany and France.
“With this partnership, we can attract more users in developing regions using the existing infrastructure and payment options at Paxfy and using them with advanced technology and a diverse OKEx product line,” said Jay Howe, OKEx CEO.
Paxful has seen a number of events in recent months. In April, he started trading P2P trading between bitcoin and gold, and in May he merged with Infinito Wallet, which allowed wallet users to buy bitcoins directly from other crypto users.