Partnering with MoonPay will make it easier for both new and existing DeFi users to access ApeSwap, giving everyone more control over their resources.
Simplify Crypto Purchases for Users
Decentralized Exchange (DEX) ApeSwap has partnered with payment gateway MoonPay to provide a fiat on-ramp system to make it easy for users to buy crypto right on ApeSwap, giving them a smoother DeFi experience without leaving off the platform.
A new fiat on-ramp is coming to #ApeSwap in partnership with @moonpay! 🌴
— ApeSwap (@ape_swap) July 20, 2022
Allowing users to:
⚡️ Instantly purchase crypto with fiat
🐵 Purchase directly on our site
💳 Use a credit or debit card
Get the full details ⤵️https://t.co/2nt5sox70G
During the upcoming launch, 24 different cryptocurrencies will be available through MoonPay on ApeSwap. Although it is impossible to buy $BANANA yet because MoonPay does not support it, users can acquire $BANANA by using the ApeSwap DEX with $BNB or $BUSD.
Transaction fees for credit and debit cards will be applied for a total of 4.5% on purchases, including 1.0% for ApeSwap Treasury to support platform DAOs. Unfortunately, Apple Pay, Google Pay, and bank transfers via MoonPay are still unavailable at launch. However, ApeSwap is committed to providing more payment options to users in the future.
All operations to buy crypto with MoonPay on ApeSwap are detailed here.
"Direct access to millions of new users? Sign us up! ApeSwap + MoonPay enables users to purchase dozens of crypto assets directly with fiat. Now users can go from Credit Card to DeFi without leaving our UI, removing arguably the largest barrier to entry in crypto." Product Lead Obie Dobo told BSC News.
The latest hybrid payment product with MoonPay results from ApeSwap's great effort since the development team planned to launch a"Fiat On-Ramp", focusing on making ApeSwap the ultimate experience as critical developments in an ambitious DEX upgrade roadmap.
In addition, ApeSwap is also making the BNB Chain ecosystem more vibrant recently despite the general market being still in a difficult period.
Positive and continuous development moves include proposing a new plan to reduce inflation, partnering with DappRadar to accelerate Sustainable Liquidity Mining (SLM) and announcing Stage 2 DEX Upgrade with many other updated features.
What is MoonPay:
MoonPay is a fintech company that builds the most popular cryptocurrency payment infrastructure today. MoonPay provides users with a seamless experience when converting between fiat and crypto by offering a variety of payment methods, including debit cards, credit cards, and local bank transfers.
What is ApeSwap:
ApeSwap is a leading DEX on BNB Chain, which offers users high-quality trading experiences. ApeSwap is a blend of a decentralized exchange, yield farming, staking, and an automated market maker (AMM). ApeSwap users can partake in its liquidity pool offerings via yield farming to earn its native BANANA token. These earned tokens can be used to stake and earn other tokens and unlock deluxe features.
Where to find ApeSwap:
Website | Twitter | Medium | Telegram
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This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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Related News
Binance Executive Tigran Gambaryan Sues Nigeria's NSA and EFCC
The lawsuit reflects escalating tensions amidst allegations of innocence and regulatory scrutiny surrounding Binance Nigeria's alleged involvement in illicit financial activities.
The detained executive of Binance, Mr. Tigran Gambaryan, has taken legal action against Nigeria's National Security Adviser (NSA) Nuhu Ribadu, and the Economic and Financial Crimes Commission (EFCC).
Gambaryan, along with the firm's Africa Regional Manager, Mr. Nadeem Anjarwalla, filed a fundamental human rights violation suit amidst ongoing legal turmoil.
Gambaryan's legal challenge, initiated alongside his lawyer Mr. Olujoke Aliyu, aims to address his prolonged detention by the federal government. The suit, presented before Justice Inyang Ekwo of the Federal High Court in Abuja, challenges the legality of Gambaryan's continued confinement and the seizure of his international travel passport.
Gambaryan, a US citizen overseeing financial crime compliance at Binance, contends that his detention and passport seizure violates Section 35 (1) and (4) of Nigeria's 1999 Constitution. His legal team seeks various reliefs, including his release from custody, the return of his passport, a public apology from the NSA and EFCC, and an injunction against future investigations.
Allegations of Innocence Amidst Legal Turmoil
Gambaryan and his colleague's legal representatives maintain their innocence, claiming that the arrests occurred during discussions with Nigerian authorities regarding legal conflicts involving Binance.
In a dramatic turn of events, Binance's African regional manager, Nadeem Anjarwalla, recently fled Nigerian custody. Anjarwalla's escape follows mounting tensions surrounding the Nigerian authorities' investigation into alleged illicit financial activities involving Binance Nigeria, totaling a staggering $26 billion.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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