HomiEx exchange collaborated with Xanpool to explore an API integration for fiat to crypto exchange.
The partnership is a fiat gateway to opt for cash to crypto solutions in South East Asia for HomiEx users. The collaboration also involves strategic partnerships and investments from GENESIS Capital, NGC Ventures, BA Capita, LD Capital, Honglian Capital, Vector Capital, ID Ventures, Reorganization Capital and star Capital.
The association will club together the proficiencies of both the partners including the technology, resources, community and customer base. This venture will open new opportunities in SE Asian banking sector.
HomiEx is a leading global cryptocurrency exchange, whereas Xanpool is the world’s first automated peer to peer local fiat currency to digital currency processor. HomiEx customers will be benefitted to make cash to crypto transactions by availing the infrastructure of Xanpool in various countries. Xanpool has a wide network in Hong Kong, Thailand, Malaysia, India, Indonesia, Vietnam, and the Philippines, where it can expand its customer base via HomiEx customers, which will further accelerate its liquidity from cryptocurrency to fiat currency.
CEO of HomiEx, Dr. Zhou Hongming, commented that Singapore with its unique and innovative features, can become a hub for blockchain and FinTech activities. HomiEx is a leading crypto exchange, which has proven itself as the most user-friendly and secure platform.
He further said that HomiEx aims to contribute to the development of the FinTech network of Singapore with its competitive advantage, offering a friendly ecosystem based on blockchain, which will benefit the users as well as the exchange to lead as a top exchange.
HomiEx is a crypto exchange based in Singapore, where it accepts eight fiat currencies including, USD, SGD, GBD, EURO, RMB, HKD, AUD, and JPY along with spot trading, derivative trading, and digital assets management for its global users.
It is the first of its kind peer to peer fiat to cryptocurrency processor based in Singapore. It has been strategically involved with native market players and offers its customers a unified solution to trade profitably in cryptos with minimum risk.