Nuvei Corporation (TSX:NVEI) announced today its partnership with XT.COM to facilitate the onboarding of new users. The collaboration between Nuvei, via its Simplex cryptocurrency on/off ramp solution, and XT.COM, one of the leading global cryptocurrency exchanges, will make it easier for users to fund their accounts through convenient payment methods.
The partnership between Nuvei and XT.COM is expected to introduce many new users to the XT.COM platform as they can fund their accounts with credit and debit cards, Apple Pay and bank transfers, allowing for quick and seamless access to over a hundred crypto assets.
Integrating Nuvei’s leading payment processing solution enables XT.COM users to acquire crypto assets conveniently and securely directly on the platform.
XT.COM provides access to a diversified range of products, including spot, derivatives, interest-free margin, fiat trading, ETF instruments, and coin staking. Users can access the XT.COM platform on desktop, laptop, or mobile devices through dedicated Android and iOS applications.
The partnership with XT.COM expands Nuvei’s reach into various regions across Asia, North America, and Europe. XT.COM partners include Btok in Asia and Tapatalk in North America and Europe.
“Crypto is accepted more and more by society. But how to connect from fiat to crypto, that is the biggest barrier for most users. By cooperating with Simplex by Nuvei we can help users from all over the world to easily enter to the crypto world,” said Weber Woo, CEO of XT.COM.
“We are delighted to support XT.COM with our global on-ramp solution,” said Philip Fayer, Chair and CEO of Nuvei. “Our partnership will enable millions of new users to join the cryptocurrency ecosystem with a familiar eCommerce experience of using everyday payment methods.”