Banxa Holdings Inc and BitMart have joined forces to increase cryptocurrency adoption in the Asia-Pacific and Latin America regions.

The two companies have come together to allow for seamless and secure fiat-to-crypto on-and-off-ramping.

BitMart is a user-friendly platform for crypto traders of all levels and the partnership is set to help expand its global operations.

“As we strengthen our standing as a leading on-and-off ramp in the space, partnering with BitMart allows us to provide their users access to an expansive network of local and global payment options,” said Holger Arians, CEO of Banxa.

Banxa noted that the collaboration should bring a number of benefits, such as a larger global presence, local payments and increased conversion rates.

“Our customers all over the world need to be able to transact easily with their preferred local payment methods,” said Sheldon Xia, CEO at BitMart. “Thanks to Banxa’s network of compliant local payment solutions, users can enjoy a smooth and effortless experience. We are confident this integration will open up the crypto ecosystem for key customer segments.”

Banxa is a leading on-and-off ramp solution provider for Web3.

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