CoinEx Reveal “Big” New Partnership With Matrixpor

CoinEx Reveal “Big” New Partnership With Matrixpor

A new “Global Strategic Partnership” between CoinEx and Matrixpor will mean the platform will now offer OTC services.

The news of the partnership broke yesterday and will allow people to buy crypto with fiat Over the Counter (OTC). This will be made by possible by the Singaporean financial service firm who provide crypto trading, custody, lending and asset management. The pair had been working alongside one another since last year with CoinEx using them as a “Cactus Custody” service.

Speaking about the new partnership, Haipo Yang, Founder and CEO of CoinEx. explained, “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.”

This will see the latest development from the platform as they strive to better meet the needs of the industry. While exact details about the OTC platform will no doubt emerge with more clarity in the coming weeks, it is the next big step for their crypto to fiat options.

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