Matrixport expands Fiat’s loading and unloading ramp capabilities with Cabital

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Flagship partnership makes it easy for users to get their crypto at attractive rates via bank transfers

SINGAPORE, September 13, 2022 /PRNewswire/ — matrix portone of the largest digital asset financial services ecosystems in the world, today announced a partnership with Cabal, a leading institution in the field of digital assets. As part of the deal, Matrixport will integrate Cabital Connect’s comprehensive fiat on and off ramp solution into its platform, allowing users to convert a wide range of fiat currencies, including GBP, EUR and CHF. , into cryptocurrencies and vice versa instantly.

Matrixport users are now able to maximize returns from their investment products thanks to Cabital’s competitive exchange rates, low transaction fees and local payment capabilities.

Kavi Saglani, SVP Marketing & Communications of Matrixport said, “Our customers now have more ways to get their crypto. The partnership with Cabital complements and expands our on-ramp offerings with the same high level of convenience and user-friendly experience that our customers have come to expect. These are important attributes that are crucial to embracing the next wave of digital asset adoption.”

“As the crypto and Web3 ecosystem continues to grow, there is increasing demand from partners to build a compliance-centric fiat-to-crypto on-and-off ramp that allows users to securely purchase cryptos through localized payment methods,” said Raymond Hsuco-founder and CEO of Cabital. “This added flexibility is another step in our mission to make crypto accessible to everyone and provide a simple, secure, and sensible user experience.”

Specifically, Matrixport platform customers can buy and sell crypto using local wire transfer methods through Cabital Connect. High net worth individuals will benefit from higher transaction limits, allowing them to adapt quickly and take advantage of market changes.

For more information on how Matrixport users can get their crypto, click here.

About Matrixport:

matrix port is one of the largest and most trusted digital asset financial services ecosystems in the world. With USD4B in actively managed digital assets, it provides one-stop crypto financial services to meet emerging needs for long-term wealth generation in digital assets. The company’s services include Cactus Custody™, spot OTC, fixed income, structured products, lending as well as asset management. For more information, please visit www.matrixport.com

About Cabal:

Cabal is a trusted digital financial institution that enables users to buy and sell cryptocurrency and provides compliant and secure cryptographic payment infrastructure and solutions for businesses. One of the business solutions is Cabal Connection, a secure fiat ingress and egress gateway that allows users to purchase cryptocurrencies at some of the most competitive rates in the industry. For more information, please visit www.cabital.com

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