New Fiat On-Ramp Currencies Update

Sun Tzu
Globe Official
4 min readFeb 17, 2022

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Dear Globe Exchange Users,

We are excited to announce to some of our Asian communities that we continue our drive to increase payment options with the Banxa fiat on-ramp. This week, we have added three new Fiat currencies that you can buy Crypto with!! The currencies added are South Korean Won, Thai Baht, and Vietnamese Dong. So now, Thai, Vietnamese, and South Korean traders can purchase cryptocurrencies with their local currency using their bank account, credit, or debit card.

Globe.Exchange users in South Korea, Thailand, and Vietnam can use this Fiat crypto bridge to purchase the crypto limit they want. Then, the Crypto is deposited to the user’s account, and they can start trading right away.

Almost all of the global money supply today is in Fiat. Coupled with the fact that Fiat will continue to co-exist with Crypto for some time to come, it makes sense for a forward-thinking company to build bridges that make cryptocurrencies more accessible to the people. This is why Banxa was chosen as a partner to help us further the crypto adoption movement.

Banxa’s payment solution provides flexible payment options that enable users to enjoy a flawless, easy-to-use, and end-to-end experience on our platform.

To buy Crypto with any of these Fiat:

Log in to your Globe.Exchange account and click “Buy Crypto.”

Choose your preferred fiat currency and the Crypto you want to buy. Enter the amount you want to spend on Fiat. Select any of the payment options provided by Banxa as the payment channel and proceed.

You will be rerouted to Banxa’s on-ramp. Here, you can review your order and choose your payment method. If this is your first time using Banxa through Globe.Exchange: You will need to go through a verification process to enter your contact details, including your email address and phone number.

Enter your info (full name, birth date, country of residence, and your address).

You need to upload and send a photo of your Identification document to Banxa. Please read and follow the instructions provided during the process carefully.

You also need to upload and send a selfie while holding your Identification (this must be the same ID you uploaded in the previous step). Please read and follow the instructions during the process carefully.

Now that you have completed the KYC process the following will occur:

After submitting the documents for verification, you will enter your payment details. Please make sure you are using your card or bank account!! The card or bank account must contain your name! After the payment, you will see your order status. You will also have the option to be redirected back to Globe.Exchange. Banxa will notify you of any updates via emails. These updates include: when the payment is received, when the transfer started, when the order is fulfilled, etc. Once your order is fulfilled, the Crypto you purchased will now be visible in your Globe.Exchange Wallet.

About Banxa

Banxa is a payment and regulatory technology (Reg-tech) company that provides a secure and regulatory compliant payment channel for digital asset businesses to allow their end-user customers to safely purchase cryptocurrency via the widest range of payment methods in the industry. Banxa’s vision and mission are to build the bridge that provides people in every part of the world access to a fairer and more equitable financial system. Banxa is headquartered in Melbourne, Australia, with European headquarters in Vilnius, Lithuania, and Amsterdam, the Netherlands.

Banxa provides support and service in over 100 countries worldwide and is continually rolling out new services and adding countries to the list. To learn more about Banxa, visit their SNS below or check out their website.

Twitter | Facebook | LinkedIn | YouTube Check out their website.

About Globe Exchange

Globe.Exchange is an advanced cryptocurrency exchange for trading popular digital assets through perpetual futures contracts. Built by Y Combinator Alumni, the platform offers low fees, strong security, ease of trading, and staking with rewards.

Sign up now and trade at: Globedx.com

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