CoinEx, a global and professional cryptocurrency exchange service provider, announced on Monday it has formed a global strategic partnership with Matrixport, a one-stop digital asset financial service platform span off from Bitmain. CoinEx reported that the partnership allows its users to access Martrixport’s over-the-counter (OTC) service when they are in need of exchanging sizable fiat to crypto.
According to CoinEx, Matrixport was established in February 2019 and it now provides a wide range of services such as crypto trading, custody, lending, and asset management. The crypto exchanged noted it has been using its Cactus Custody service since 2019 to ensure the digital asset security.
While sharing more details about the partnership, Haipo Yang, Founder and CEO of CoinEx, stated:
“CoinEx’s users around the world will benefit from this strategic partnership as the OTC service makes transfers between fiat and crypto more convenient. Matrixport has the potential to become a key player in the industry and I look forward to a long-term partnership between us.”
John Ge, CEO of Matrixport, added:
“Teaming up with CoinEx is clearly a win-win situation. We believe that CoinEx’s market presence will enable us to reach more crypto enthusiasts and drive a rapid development of our business.”
Founded in 2017, CoinEx supports coin exchange, margin trading, futures trading, options trading, and other derivatives trading, and its service reaches global users in nearly 100 countries/regions with various languages available.
“With its proprietary trade matching system and excellent user experience, CoinEx is dedicated to building a highly secure, stable and efficient digital coin exchange for global users.”
CoinEx notably supports a wide range of trading services and is known for some distinct advantages such as fast transactions, world-class security, and safety of funds