ApeSwap Adds MoonPay for Improved Fiat Onboarding

Partnering with MoonPay will make it easier for both new and existing DeFi users to access ApeSwap, giving everyone more control over their resources.

Simplify Crypto Purchases for Users

Decentralized Exchange (DEX) ApeSwap has partnered with payment gateway MoonPay to provide a fiat on-ramp system to make it easy for users to buy crypto right on ApeSwap, giving them a smoother DeFi experience without leaving off the platform.

During the upcoming launch, 24 different cryptocurrencies will be available through MoonPay on ApeSwap. Although it is impossible to buy $BANANA yet because MoonPay does not support it, users can acquire $BANANA by using the ApeSwap DEX with $BNB or $BUSD.

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Transaction fees for credit and debit cards will be applied for a total of 4.5% on purchases, including 1.0% for ApeSwap Treasury to support platform DAOs. Unfortunately, Apple Pay, Google Pay, and bank transfers via MoonPay are still unavailable at launch. However, ApeSwap is committed to providing more payment options to users in the future.

All operations to buy crypto with MoonPay on ApeSwap are detailed here.

“Direct access to millions of new users? Sign us up! ApeSwap + MoonPay enables users to purchase dozens of crypto assets directly with fiat. Now users can go from Credit Card to DeFi without leaving our UI, removing arguably the largest barrier to entry in crypto.” Product Lead Obie Dobo told BSC News.

The latest hybrid payment product with MoonPay results from ApeSwap’s great effort since the development team planned to launch a”Fiat On-Ramp“, focusing on making ApeSwap the ultimate experience as critical developments in an ambitious DEX upgrade roadmap.

In addition, ApeSwap is also making the BNB Chain ecosystem more vibrant recently despite the general market being still in a difficult period. 

Positive and continuous development moves include proposing a new plan to reduce inflationpartnering with DappRadar to accelerate Sustainable Liquidity Mining (SLM) and announcing Stage 2 DEX Upgrade with many other updated features.

What is MoonPay:

MoonPay is a fintech company that builds the most popular cryptocurrency payment infrastructure today. MoonPay provides users with a seamless experience when converting between fiat and crypto by offering a variety of payment methods, including debit cards, credit cards, and local bank transfers.

What is ApeSwap:

ApeSwap is a leading DEX on BNB Chain, which offers users high-quality trading experiences. ApeSwap is a blend of a decentralized exchange, yield farming, staking, and an automated market maker (AMM). ApeSwap users can partake in its liquidity pool offerings via yield farming to earn its native BANANA token. These earned tokens can be used to stake and earn other tokens and unlock deluxe features. 

Where to find ApeSwap: 

Website | Twitter | Medium | Telegram

Source : bsc.news

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