Huobi Partners with AstroPay to Provide Fiat-to-Crypto Payment Services in Latin America

AstroPay has partnered Huobi Global to offer fiat-tocrypto payment services to cryptocurrency exchange users in Latin America.

AstroPay’s partnership will facilitate a secure payment platform that allows Huobi Global traders to buy and sell crypto assets without any friction. fiat currency.

“Latin America lays claim to a young and vibrant population brimming with enthusiasm for the crypto industry, and we have observed a significant increase in the number of new Huobi Global users from this region,” said Lily Zhang, Chief Financial Officer of Huobi Global. 

There are users of the cryptocurrency exchange in 160 countries and regions. Huobi Global’s partnership with AstroPay will see the exchange provide users in Latin America with fiat to crypto payment options through AstroPay digital wallet. 

Users of cryptocurrency exchanges will be able to trade cryptos using a variety payment methods including bank transfers and credit and debit cards.

Lily Zhang stated, “Our partnership with AstroPay underlines our goal to make the buying and trading digital assets a secure and convenient experience for everyone.”

AstroPay offers an easy way to pay for international online orders via e-commerce websites. AstroPay claims that it offers more than 200 payment options in local currency.

Huobi revealed last week that it plans to delist privacy tokens. This includes Monero, Dash, Decred (DCR), Firo, Firo, Firo, Firo, Firo, Firo, Firo, Firo, FiRO, Verge, XVG, Zcash, ZEC and Horizen.

Blockchain.News explains that the delisting these privacy coins could be attributed to increasing regulatory pressures and failures of the coins complying with their internal compliance policies.

Huobi, a digital asset trading platform, announced last week that it will be the first to be granted permission to offer regulated trading services to the British Virgin Islands. 

Brtuomi Worldwide Limited, a subsidiary of the firm will be used to execute this trading operation. BWL received permission from the BVI Financial Service Commission to operate in the BVI regulatory Sandbox.

Source: Shutterstock



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