Crypto.com Exchange Partners With Silvergate To Introduce Global USD Deposits and Withdrawals
- Crypto.com Exchange will be closely working with Silvergate to introduce USD deposits and withdrawals.
- The partnership aims to make seamless USD transfers from bank accounts to exchanges.
- Both CEOs expressed their thoughts on the partnership.
Crypto.com Exchange, one of the world’s fastest and most secure crypto trading platforms, announced that it will be working hand in hand with Silvergate to introduce USD deposits and withdrawals to its institutional clients.
This collaboration is a further addition to Crypto.com Exchange’s on/off-ramp solution. Through Silvergate, a leader in innovative financial infrastructure solutions to the digital currency industry, users can easily transfer USD from their bank accounts to the exchange and vice versa. It is also important to note that this transaction is made for free.
Institutional clients can access the Silvergate Exchange Network (SEN) 24 hours a day, 7 days a week, 365 days a year in all available exchange markets.
Furthermore, the CEOs of both companies have expressed their thoughts on this present collaboration. Meanwhile, the co-founder and CEO of Crypto.com Kris Marszalek said:
We are excited to work with Silvergate to provide an additional fiat on/off ramp solution to our institutional clients. The solution is highly requested which will enable an even better trading experience in the Crypto.com Exchange. Silvergate’s products and services bridge the gap from the traditional financial world to the crypto world, which supports our mission to ‘accelerate the world’s transition to cryptocurrency.’ We look forward to extending the service to more customers.
Likewise, Alan Lane, the CEO of Silvergate stated:
We are pleased to welcome Crypto.com as a Silvergate customer and SEN participant. Their diverse and dedicated global user base and commitment to industry success helps to ensure further crypto adoption around the world.
Text source: News – CoinQuora – Latest Cryptocurrency and Block
