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OKEx Integrates Fiat Gateway Bitbns for India-Based Traders

OKEx• By selecting Bitbns via OKEx’s Buy/Sell tool, OKEx traders in India can now buy USDT, LINK, AAVE, MATIC, and USDC with INR via bank transfer, IMPS, and UPI.

• First strategic partnership in India by OKEx

New Delhi, September 30, 2021: Global cryptocurrency exchange, OKEx, and Bitbns, India’s leading crypto wallet and exchange platform join hands to elevate flexible trading capabilities for Indian crypto users across the region. OKEx &Bitbns have integrated using the matic-polygon ecosystem to provide free blockchain transfers to its users.

This partnership will give users access to trading tools/options which Indian crypto users have not been privy to previously. Users can now seamlessly purchase crypto in INR trading pairs including $USDT, $AAVE, $MATIC, etc., and can now access the range of trading facilities available across both exchanges. In conjunction with Bitbns, OKEx strives to give Indian traders access to a novel fiat gateway, a range of newer INR trading pairs, priority access to new coin/token launches, and high-yield staking products amongst the others.

Commenting on the development, Jay Hao, CEO, OKEx.com, said “We aim to make the crypto journey easy for all our users. Our team has worked hard to find such a solution for our users in India. Indian users can now easily use bank transfers to buy crypto on OKEx through our integration with Bitbns. As a byproduct of the integration, users can also access a range of diverse trading tools available on OKEx”.

Prashant Singh, CTO, Bitbns said “We are working on creating seamless on-ramps for Indian users so they can trade different trading options on renowned venues like OKEx. We have innovated a lot so that blockchain transfers are free for users by integrating the matic-polygon ecosystem”.

OKEx is the world’s leading BTC future derivatives and crypto exchange with reach and users panning across the globe. With its recent sprint of operation in SA and India, OKEx aims to empower the crypto community with next-gen crypto trading tools, security, and technology. Testimony to its vision, OKEx houses billions in trading volumes daily creating avid ground for high liquidity and robust server infrastructures. Bitbns’s deep vested roots in the Indian crypto market with 3 million+ users across the nation is a testament to its high liquidity and platform security.

Peering forward, OKEx intends to add a layer of simplicity and transparency by partnering with a highly localized and trusted platform, like Bitbns. OKEx aims to serve users with the best-in-class blockchain and crypto technology by joining hands with the renowned Bitbns platform. This is indeed a leap forth to strengthen domestic crypto accessibility and enhance the trading experience for 100 million+ users, across both platforms collectively.

 

About OKEx

Founded in 2017, OKEx is one of the world’s leading cryptocurrency spot and derivatives exchanges. OKEx has innovatively adopted blockchain technology to reshape the financial ecosystem and offers some of the most diverse and sophisticated products, solutions, and trading tools on the market. Trusted by more than 20 million users across the globe, its mission is to empower every individual through the promotion and advancement of cryptocurrencies globally.

In addition to the exchange, it serves its users with OKEx Insights, a research arm that is at the cutting edge of the latest trends in the cryptocurrency industry. With its extensive range of crypto products and services, its unwavering commitment to innovation, and its local operations to serve its users better, OKEx strives to eliminate financial barriers and realize a world of financial inclusion for all. For more information, visit www.okex.com

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