Cryptocurrency trading platform PrimeXBT announced on Tuesday it has formed a new partnership with Coinify, a trading infrastructure platform that allows users to purchase Bitcoin and other cryptos. According to PrimeXBT, the collaboration will allow PrimeXBT clients to purchase Bitcoin through the fiat on-ramp, which is integrated directly into the trading platform. The purchases may be done by using Visa or Mastercard credit or debit cards, as well as through bank transfer.
“Coinify is a secure and compliant platform that works alongside national and international regulatory bodies such as the Danish Financial Authority, the Danish Tax Authorities and the Blockchain and Virtual Currencies Working Group under the European Commission to ensure adherence to the highest industry standards and comply with international regulations.”
PrimeXBT also noted that Coinify allows Visa, Mastercard, and bank transfers across five continents. PrimeXBT then explained that the partnership with Coinify is one of its more recent collaborations. The platform has notably partnered with European financial software firm and Covesting and Bitfury’s Crystal for blockchain analytics and AML compliance.
PrimeXBT then added it intends to continue growing its business and client offerings through additional partnerships and products during the first half of 2021.