Nuvei and XT.COM Team Up to Enhance the Onboarding of New Users

MONTREAL, March 30, 2022 – Nuvei Corporation (Nasdaq: NVEI) (TSX: NVEI) announced today its partnership with XT.COM to facilitate the onboarding of new users. The collaboration between Nuvei, via its Simplex cryptocurrency on/off-ramp solution, and XT.COM, one of the leading global crypto exchanges, will make it easier for users to fund their accounts through convenient payment methods. 

The partnership between Nuvei and XT.COM is expected to introduce many new users to the XT.COM platform. They can fund their accounts with credit and debit cards, Apple Pay, and bank transfers, allowing quick and seamless access to over a hundred crypto assets.

XT.COM, the world’s first social-infused exchange, has over 300,000 active users every month and over 30 million users. Integrating Nuvei’s leading payment processing solution enables XT.COM users to acquire crypto assets conveniently and securely directly on the platform. 

XT.COM provides access to a diversified range of products, including spot, derivatives, interest-free margin, fiat trading, ETF instruments, and coin staking. Users can access the XT.COM platform on desktop, laptop, or mobile devices through dedicated Android and iOS applications. 

The partnership with XT.COM expands Nuvei’s reach into various regions across Asia, North America, and Europe. XT.COM partners include BTOK in Asia and Tapatalk in North America and Europe. 

“Crypto is accepted more and more by society. But how to connect from fiat to crypto is the biggest barrier for most users. By cooperating with Simplex by Nuvei, we can help users from all over the world easily enter the crypto world.” said Weber Woo, CEO of XT.COM.

“We are delighted to support XT.COM with our global on-ramp solution,” said Philip Fayer, Chair and CEO of Nuvei. “Our partnership will enable millions of new users to join the cryptocurrency ecosystem with a familiar eCommerce experience using everyday payment methods.”

Who We Are

Nuvei is the world’s premier payment technology firm (Nasdaq: NVEI) (TSX: NVEI). We provide enterprises with the information and technology they need to thrive locally and globally through a single integration, allowing them to go further and faster. Integrating payment technology with consulting, we help businesses eliminate payment barriers, save operating costs, and increase acceptance rates.

In over 200 markets worldwide, our unique technology links merchants with their customers, with local acquisitions in 46 of them. With support for over 530 local and other payment methods, including cryptocurrencies and almost 150 currencies, merchants may take advantage of every payment opportunity. Our goal is to turn the entire planet into a local market.

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Contact: [email protected]

About XT.COM

XT.COM Exchange, founded in Seychelles in 2018 and headquartered in Singapore, is the world’s first socially infused digital asset trading platform. The platform offers a wide range of trading options, including spot trading, margin trading, derivatives, OTC trading, third-party payment with a credit card and debit card, etc. It now has operation offices in Tokyo, Dubai, South Korea.

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David Cox

David is a finance graduate and crypto enthusiast. He projects his expertise in subjects like crypto and Blockchain while writing for CryptoNewsZ. Being from Finance background, he efficiently writes Price Analysis. Apart from writing, he actively nurtures hobbies like sports and movies.

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