Purchase ETH and DeFi tokens with Apple Pay, Google Pay or bank wire. MoonPay fiat on and off-ramp is live on PlasmaFinance!
PlasmaFinance’s DeFi fiat on/off ramp gets a boost with 160+ countries better supported with fiat capabilities
Despite the incredible potential of decentralized finance (DeFi) to change our lives for the better, it’s easy to overlook the simple fact that to enter into and use DeFi, one must first possess crypto assets.
That’s a reason why we’ve ensured our all-in-one DeFi platform also has a working fiat on- and off-ramp — so people can easily buy and sell crypto. We’re still one of the very few DeFi platforms to allow this.
Making DeFi access as easy as ABC with MoonPay fiat on- and off-ramp infrastructure
As we celebrate tens of thousands of new users joining our community in the last couple of months, we’ve been working very hard to improve the means by which people can purchase crypto through PlasmaFinance. We’re very pleased to announce that PlasmaFinance has now partnered with crypto payments infrastructure MoonPay to bring greater fiat on-ramp capabilities!
MoonPay’s solution, which is live all over the world, now provides PlasmaFinance with an on-ramp to over 90 different crypto-assets and will allow us to accept over 100 fiat currencies in total.
We recognize the importance of the US markets and how sticky residents can be with their payment solutions. Hence, with MoonPay integration into PlasmaFinance, US residents can start topping up their crypto wallets and purchase crypto using their credit/debit cards (including MasterCard, Visa and Maestro), Apple Pay, Google Pay, Samsung Pay etc.
Non-US residents, on the other hand, are not left out as they get to use credit/debit cards (including MasterCard, Visa and Maestro) as well. Apple Pay, Google Pay, SEPA and SEPA Instant (used only for EUR-denominated transactions in SEPA countries), UK Faster Payments (used only in GBP-denominated transactions in the UK) are also included as MoonPay’s infrastructure supports all these.
Better yet, because both MoonPay and PlasmaFinance are on Polygon, this means you can buy MATIC and other DeFi tokens directly on PlasmaFinance to leverage fast and cheap transactions and DeFi interactions. All from one single awesome dashboard. Neat, right?
MoonPay CEO Ivan Soto-Wright said: “DeFi is growing at such a rapid pace, but accessing it without crypto is difficult, and buying crypto itself is yet another hurdle that slows down crypto adoption. I see the partnership with PlasmaFinance as a significant step to easing the newcomer’s journey both into crypto and DeFi.”
PlasmaFinance CEO Ilia Maksimenka said: “I think it’s a real shame that so many people continue to miss out on DeFi because most DEXs and DeFi platforms don’t help them to overcome the first obstacle of acquiring crypto. And that in itself is still a painfully difficult first step to take. With this new partnership, we hope to demonstrate to new users just how easy, safe, and convenient it can be to buy crypto with regular money, and then jump into DeFi, all under one intuitive dashboard.”
This latest partnership signifies our continuous commitment to developing better fiat on-ramp and off-ramp systems through the integration of partner payment methods into the PlasmaFinance infrastructure. Using these new products should see users gain exposure to DeFi markets just like they do with their regular financial applications while giving them a convenient way to link their bank accounts to their DeFi portfolio via PlasmaFinance.
- To purchase any crypto, hover and click Buy from the Market section on your dashboard and select MoonPay as the payment method.
2. Input purchase amount and click Continue.
3. Enter your wallet address or click on the wallet prompt from Metamask or any other wallet you use and unlock. Your wallet address will automatically populate the wallet address field on the MoonPay form.
4. If you don’t already have a MoonPay account set up, just enter your email to create one or just login if you already have an account with MoonPay.
Depending on the country you’re located in, the options to add a payment method available to you will then show up.
And if you prefer using bank transfer for topping up, MoonPay still supports this. Just select that option and MoonPay will provide the details of their bank account in the final step of your purchase journey.
We started out in 2017 with PlasmaPay which is the easy way to enter and exit the world of crypto and from there, we continue to build a stronger relationship and trust with over 100,000 users from all over the world.
If mass adoption is to take place, then DeFi must be able to easily and seamlessly support the journey from traditional banking services. At PlasmaFinance, we’re doing our part.
About MoonPay
MoonPay is a financial technology company that builds payments infrastructure for crypto. Their on-and-off-ramp suite of products provides a seamless experience for converting between fiat currencies and cryptocurrencies using all major payment methods including debit and credit card, local bank transfers, Apple Pay, Google Pay, and Samsung Pay. MoonPay is active in more than 160 countries and is trusted by 300+ leading wallets, websites, and applications to accept payments and defeat fraud.
For more information visit https://www.moonpay.com.
About PlasmaFinance
PlasmaFinance is the all-in-one DeFi platform that aggregates the most popular DeFi protocols from different blockchains. With PlasmaFinance, you get all the tools and access you need to achieve the most profitable DeFi yields on any protocol.
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