Indacoin forms a partnership with SafeGram to rethink cryptocurrency payment systems

Maria Potapneva
Indacoin
Published in
3 min readJun 10, 2022

Indacoin, the international fiat-to-crypto exchange company, has announced a strategic partnership with SafeGram, an all-in-one DeFi ecosystem to facilitate cross-border money transfers. As part of the collaboration, these two companies will cooperate to drive mass adoption of the $GRAM token and make it available to millions of credit and debit cardholders in more than 180 countries.

Currently, there are several crypto-to-fiat bridge solutions in the industry. However, the reality is that most solutions impose high fees on their users to convert their cryptocurrencies to fiat before withdrawing them to their bank accounts a few days later. SafeGram was born out of this problem. The company has come to the market with a mission: to empower money transfer across a digital ecosystem. To achieve its mission, SafeGram allows its users to send crypto to fiat from anywhere through its DApp, which converts the assets quickly and securely. With an integrated money transfer network that offers unlimited global reach, a user can pay in crypto, and his recipient can receive it in fiat the same day in his bank account.

The token’s current utility model allows $GRAM token holders to use tiered level services to send funds, benefit from discounted fees, and use the decentralized exchange service where they can trade any token on the DEX at minimal fees, get exclusive access to top-tier level pools, etc. Based on these points, SafeGram is emerging as a revolutionary concept reshaping the global financial system to foster mass adoption.

To enable the mass adoption of $GRAM, the SafeGram team has decided to work with Indacoin. As such, every owner of Visa and MasterCard will be able to purchase native $GRAM with ease in a safe space within minutes.

Anvar Sidorov, Partnerships Director at Indacoin, commented on the news:

“The gap between TradFi and DeFi is significant. It makes people’s transition to cryptos difficult as they can’t find a viable use for it. Today we are pleased to announce our partnership with SafeGram. Our expertise will allow us to provide the most efficient tools for users to convert their cryptos into fiat in seconds and, thus, bridge the gap further.”

About SafeGram:

SafeGram is a blockchain ecosystem designed to facilitate 1:1 payments worldwide. Operating as a digital remittance service, along with a powerful DEX, the project believes in combining blockchain technology with conventional money transfer techniques. The project has set its mission to empower money transfer across a digital ecosystem, with many more developments planned for 2022 and beyond.

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About INDACOIN:

Indacoin is a pioneer fiat-to-crypto gateway with Visa and Mastercard processing globally. The company has been operating since 2014 and its primary focus lies in developing anti-fraud software, which has enabled millions of users worldwide to quickly and safely buy cryptocurrencies. Indacoin is one of the most prominent players in the crypto community that provides risk-free transactions for more than 100 partners.

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