According to an announcement on June 15, the partnership will offer several payment methods for OKEx users through Paxful’s Kiosk to buy Bitcoin with over 160 fiat currencies, together with bank transfer, gift cards and online wallets, among others.
Paxful customers will be able to access different trading options such as spot, margin, and futures trading, as well as the derivatives markets through OKEx’s decentralized platform, DEX. Speaking with Cointelegraph, CEO and co-founder of Paxful Ray Youseff said
Companies look forward to expanding their global customer base
As a result of the new integration, the companies hope to cover regions such as Vietnam, South Africa, Argentina, Canada, Chile, Venezuela, Japan, Germany and France.
OKEx CEO Jay Hao said, “Through this partnership, we can reach more users in developing regions using Paxful’s existing infrastructure and payment options and give them exposure to the benefits of OKEx’s advanced technology and diversified product suite.”
Paxful has seen a number of developments in recent months. In April it launched P2P trading between Bitcoin and gold, while in May it integrated with the Infinito Wallet, allowing wallet users to buy Bitcoin directly from other crypto users.
YouTube has shut down the official channel of cryptocurrency news-focused website Bitcoin.com for “a violation of YouTube’s Terms of Service”.
According to a statement invest your bitcoin executive chairman Roger Ver uploaded to Reddit earlier today, the account was terminated for “basically no reason”. He went on to suggest that it could have been reported by Bitcoin (BTC) maximalists (Verr has been a vocal proponent of Bitcoin Cash (BCH), criticizing Bitcoin for becoming “a store of value”):