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AAX and Banxa partner to enable crypto to fiat exchange and vice versa

Daniela Kirova

World-leading on-and-off ramp solution for Web3 Banxa and top-grade crypto exchange AAX have entered into a partnership, Cointext learned from a press release. Clients can now buy fiat with crypto and vice versa through Banxa and with AAX. 

Ben Caselin, AAX Head of Strategy and Research, said:

The partnership with Banxa will allow us to provide more options around the on and off-ramps into crypto and augment crypto-to-fiat liquidity, which is a critical element of AAX’s expansion work, especially as we engage the mainstream and enter new market frontiers.

AAX is committed to the mainstream 

AAX is deeply committed to the mainstream as the first crypto exchange to adopt the Satoshi Standard (SATS) to drive Bitcoin adoption. 

It is on a mission to create and develop a liberating and inclusive economy, holding a deep conviction that crypto will turn out to be a highly valuable asset in the long run. 

Banxa lets users leverage local banking and payment options

Banxa allows customers to use local banking and payment options with lower fees, less friction, and more reliable fraud protection. What’s more, they can exchange crypto for fiat and vice versa quickly and securely. 

Clients of Banxa can take advantage of the lowest fees and best conversion on AAX for a vast range of currencies and payment methods via bank transfer and credit cards in Tokyo, Korea, and Brazil.

Banxa supports tens of top cryptos

Banxa is on AAX and supports Bitcoin, Ethereum, Polkadot, Solana, Binance Coin, and tens of other cryptos, as well as local payment methods. You can cash out in USD, EUR, GBP, and AUD at this time. 

AAX and Banxa are tearing down the barriers to clients accessing crypto markets globally.

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