- Pexpay, an international cryptocurrency exchange offering 0 fee P2P (Peer-To-Peer) trading, has released its Spot and Futures market in Q3 2022.
- These features came after steady growth in Pexpay’s P2P trading users and volume, targeting major markets such as USD, EUR, CNY, and RUB.
- Recently secured partnership with ApolloX, Pexpay has plans to release its platform token in the upcoming months.
Pexpay becomes one of the top P2P exchanges in the world
Pexpay, a prominent cryptocurrency exchange, surpassed Bitget to be ranked 16 in the global P2P platform list, according to WebInvestor. Pexpay’s 0-fee P2P market currently supports over 50 major fiat currencies, including USD, EUR, RUB, NGN, and CNY. Also, it has one of the most comprehensive lists of cryptocurrencies for P2P trading, and it has recently added USDC on top of BTC, ETH, USDT, BUSD, BNB, APE, GMT, and many more.
This achievement was attained after a gradual growth over the previous 3 months, as P2P trading became one of the most important needs during the bear market.
Through its steady development, Pexpay has launched Spot and Futures for all users, with 0 fee BTC/USDT trading on the spot market on both App and Web.
Strategic partnership with ApolloX to expand Its Defi capability
Pexpay has secured a major partnership with ApolloX; the largest decentralized crypto derivatives exchange on the BNB Chain. This partnership will allow users with ApolloX accounts to directly access Pexpay’s services and bi-directional transfers of crypto funds across both platforms.
Through this partnership, Pexpay users can transfer funds conveniently without worrying about common fund transfer problems, such as the need to stick to specific blockchain networks or double-check long wallet addresses. Users can experience the decentralized crypto universe with ApolloX and Pexpay. Switching between Pexpay and DeFi will now become incredibly simple.
Plans to release its platform token in the upcoming months
Pexpay is likely to follow the steps of Binance, FTX, and Crypto.com to release its platform token in the upcoming months to provide more cost-saving options for investors on the platform. This leak comes from the Chinese community that hints at token airdrop to all early P2P traders, as it is one of the most prominent features of the platform. While the Pexpay team has not confirmed this, a platform token is likely under a plan to boost its trading ecosystem between Cefi and Defi.
Pexpay integrates Banxa for secured fiat to crypto purchasing
Pexpay, a leading crypto exchange platform, has recently integrated Banxa as their first fiat-gateway partner. The partnership will allow Pexpay users to make safe and quick fiat-to-crypto purchases. Through this integration, users can buy BTC, ETH, USDT, BUSD, etc., via Banxa with a range of payment options, including Visa and Master cards, Apple Pay, Google Pay, and many more local and global payment methods.
Pexpay currently supports more than 50 fiat currencies, including USD, EUR, NGN, MYR, and INR, and integrating with Banxa as the company’s first on-ramp solution is expected to accelerate growth in Asia, Europe, CIS, and Africa regions.