Hashflow And MoonPay Partner To Simplify DeFi Onboarding For Traders

Republished By Plato

Followers: 0

Decentralized exchange Hashflow has partnered with MoonPay, a leading Web3 infrastructure company, to integrate crypto on-ramps to the exchange. The integration will allow traders to purchase digital assets using credit cards and bank transfers across 160 countries and start trading immediately on Hashflow.

The partnership between Hashflow and MoonPay will enable users to exchange fiat into digital assets on Ethereum, Arbitrum, Avalanche, Optimism, and Polygon. At launch, the integration will support ETH, USDC, USDT, DAI, and other blue-chip assets.

This addition will provide Hashflow users with additional onboarding options to trade with guaranteed price quotes from professional market makers without the common inefficiencies in DeFi, such as slippage and MEV.

Hashflow has recently surpassed $13 billion in total volume on the exchange, in part by crossing the $1 billion trading volume threshold on Arbitrum. With this partnership, Hashflow is simplifying the onboarding process onto its platform, making DeFi more accessible to traders all around the world.

Andrew Saunders, CMO of Hashflow, stated, “A challenging onboarding experience has always been one of the biggest barriers for the mainstream adoption of DeFi. By partnering with MoonPay, we are simplifying the onboarding process onto Hashflow and making DeFi more accessible to traders all around the world.”

MoonPay has partnered with leading exchanges, marketplaces, and brands in its effort to onboard the world to web3. It provides end-to-end solutions for payments, smart contracts, and world-class design to brands with no experience in web3.

Hashflow joins a list of MoonPay partners that includes Universal, Puma, FOX, Ledger, OpenSea, Magic Eden, Exodus, MetaMask, and many others.

Bree Blazak, VP of Partnerships at MoonPay, commented: “At MoonPay, our mission is to simplify the process of entering the digital asset ecosystem by allowing easy and fast transactions for users. We are thrilled to partner with Hashflow as they work to drive mainstream adoption of decentralized finance. Together, we aim to create a seamless and accessible pathway for traders worldwide, removing friction points for users across the globe.”

With this partnership, Hashflow and MoonPay are working together to make DeFi more accessible to traders worldwide, providing a simpler and more streamlined process for onboarding onto the platform. As DeFi continues to grow and gain mainstream adoption, partnerships like this will become increasingly important for driving growth and accessibility within the industry.