Crypto exchange BitMart integrates P2P bitcoin marketplace from Paxful

BitMart, a global bitcoin, and digital asset exchange, recently announced a new partnership with Paxful, integrating its peer-to-peer payment logistics platform.

“We’re excited to integrate with BitMart in efforts to bring more trading options to emerging markets,” said Ray Youssef, CEO, and co-founder of Paxful. “It has always been our mission to provide financial freedom worldwide and we see this as the next big step in the financial revolution.”

Paxful is one of the world’s largest peer-to-peer bitcoin marketplace, allowing direct bitcoin transactions to be made from user to user, which eliminates the need for third-party interactions. The platform offers more than 300 ways to pay for purchasing digital assets and every user gets a free digital wallet that lets them send, receive, and store bitcoin. By creating a simple, fair, and secure platform for buying and selling bitcoin, Paxful aims to bring financial inclusion to the underbanked and unbanked through peer-to-peer finance.

BitMart is the first exchange that enters the peer-to-peer financial ecosystem. With this partnership, investors will now have direct access to multiple payment approaches including bank transfers, gift cards, debit/credit cards, and cash deposits. Features such as zero-cost listing fees and monetarily-backed ratings give room for Paxful technology to serve a vital role in facilitating seamless and rapid transactions throughout the entire platform.

“BitMart’s mission is to offer convenient financial service in the crypto market,” said Sheldon Xia, Founder & CEO of BitMart. “We’ve opened credit/debit card deposit service last year with the EU authorized financial institution – Simplex. By offering users with more payment options, BitMart aims to lower the barriers to entry for new adopters of digital currency investment.”

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