Banxa Reveals New Product Features, Coins And Payment Methods

The mass adoption of cryptos has probably been the most important goal of the crypto space and there are various moves that have been made towards the achievement of this goal. A new one just popped up and we’re addressing it below.

Banxa Holdings is the fastest-growing public service provider for the digital assets industry out there.

The giant recently revealed that there’s a bunch of new product upgrades that can help customers and partners access digital assets in a more efficient and simple way.

The firm’s mission includes building the bridge that provides people in every part of the world access to a fairer and more equitable financial system.

The firm added 17 new coins during the month of August and these include AAVE, Dogecoin, Enjin Coin, CELO, Avalanche, Compound, and MATIC/Polygon.

It’s also important to note the fact that all the recently launched coins have been evaluated by Banxa’s legal and compliance teams.

These cryptos allow end-users of Banxa’s partners to access new digital services including DeFi.

It’s also important to note the fact that the firm includes a few product boosters which are now live that keep improving the UX.

For instance, there’s the new Order Management screen which will assist customers by making the order process much easier.

This screen is allowing end-users to understand the next steps as completing the transaction and improving conversion.

Banxa also made sure to extend the US coverage with wire transfers for North American customers, and European coverage with ‘SEPA Instant Credit Transfer’ (SCT Inst) for eligible customers.

Holger Arians, CEO of Banxa said the following:

“Banxa’s mission is to bring fair and equal access to digital assets to everyone, regardless of geography. To do that we are working hard to add more local payment methods while at the same time improving the buying experience of our customers, and conversion rates for our partners.”

According to the official press release, the move will offer end-users SCT “Inst-ready accounts to purchase coins faster by enabling pan-European credit transfers and funds being available in accounts within ten seconds.”

It’s also important to note the fact that Banxa’s target is to get more than 99% of coin purchases to under 20 minutes.

Stay tuned for the latest news and the freshest data on innovation in the crypto sector.