fbpx

Crypto.com Exchange Introduces Global USD Deposits and Withdrawals With Silvergate

 Crypto.com Exchange today announced it is working with Silvergate, the leading provider of innovative financial infrastructure solutions to the digital currency industry, to introduce USD deposits and withdrawals to its institutional clients.

This integration is an additional on/off ramp solution on the Crypto.com Exchange. Through Silvergate, institutional clients can seamlessly transfer USD from their bank accounts to the exchange and vice versa, for free. Customers will get access to the Silvergate Exchange Network (SEN), which is a near real-time payments platform that enables users to send U.S. dollars 24 hours a day, 7 days a week, 365 days a year. The feature will be available to institutional clients in all exchange available markets .

 

Kris Marszalek, Co-Founder and CEO of Crypto.com said,

“We are excited to work with Silvergate to provide an additional fiat on/off ramp solution to our institutional clients. The solution is highly requested which will enable an even better trading experience in the Crypto.com Exchange. Silvergate’s products and services bridge the gap from the traditional financial world to the crypto world, which supports our mission to ‘accelerate the world's transition to cryptocurrency.’ We look forward to extending the service to more customers.”

 

Alan Lane, CEO of Silvergate, said,

We are pleased to welcome Crypto.com as a Silvergate customer and SEN participant. Their diverse and dedicated global user base and commitment to industry success helps to ensure further crypto adoption around the world.

Visit our help centre to see a complete list of available countries and apply to be an institutional Client.

EMAIL NEWSLETTER

Join to get the flipside of crypto

Upgrade your inbox and get our DailyCoin editors’ picks 1x a week delivered straight to your inbox.

    You can always unsubscribe with just 1 click.

    This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed to be financial legal or tax advice. Trading Forex, cryptocurrencies, and CFDs poses a considerable risk of loss

    Rate This Article
    In order to improve, we give you the opportunity to rate DailyCoin content
    Author

    Read the most recent crypto press releases on DailyCoin to know all the latest project news from fintech and blockchain businesses. Disclaimer: This article is a press release and was not written by DailyCoin. We always aim to have the highest editorial and fact-checking standards, so if you encounter any content related issues, please contact us at [email protected]