Mining platform NiceHash adds Banxa for crypto buy/sell option
Banxa, a crypto payment service, has announced its successful integration with crypto mining and trading platform, NiceHash. Banxa will provide NiceHash users with a new option to buy and sell cryptocurrency. NiceHash is...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Banxa, a crypto payment service, has announced its successful integration with crypto mining and trading platform, NiceHash. Banxa will provide NiceHash users with a new option to buy and sell cryptocurrency.
NiceHash is an EU-based marketplace for hash power allowing individual miners from around the world to rent out their computational capacities. With over 1 million daily users and 9 million orders served; the mining platform is used daily by cryptocurrency miners, buyers of hash power, and crypto traders.
“It is a pleasure to welcome NiceHash to the Banxa Network. As a leader in the field of pool mining, NiceHash allows mass-market entry into cryptocurrencies, similar to the way Banxa does. As we expand our products and services to new markets such as mining, wallets, and DeFi, it is our commitment to bring the highest conversions to our partners that drive that growth.”
– Holger Arians, Banxa CEO
Since its January 6th, 2021 IPO, Banxa has gone from strength to strength, growing from 38 to over 160 team members, adding over 30 new coins, and new payment methods, such as SEPA Instant, and others. Moreover, this month Banxa has accelerated the onboarding of new clients, adding 16 new partners.
“We made mining more accessible than any other platform to everyday people who can connect to our platform and start mining with a few clicks. Now we are breaking new ground and bringing forward advanced trading and payment options on the NiceHash exchange.”
– Martin Škorjanc, NiceHash CEO
The post Mining platform NiceHash adds Banxa for crypto buy/sell option appeared first on CryptoNinjas.
Why this matters
This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptoNinjasRelated market context
TradingView adds Hyperliquid and Trade[XYZ] market data
TradingView adds Hyperliquid and Trade[XYZ] data, giving users access to 24/7 charts for crypto, equities, commodities, FX, and pr...
Sports NFT platforms watch as Valverde’s World Cup drama fuels digital collectible trading interest
Valverde's World Cup drama highlights the potential for sports NFTs to capture niche interest, yet broader market impact remains l...
Wavespace Launches MiCA-Compliant Self-Custodial Bitcoin Debit Card Powered by Lightning and NWC
Bitcoin Magazine Wavespace Launches MiCA-Compliant Self-Custodial Bitcoin Debit Card Powered by Lightning and NWC Wavespace, a Bit...
How tokenized stocks fail as collateral even when the stock price does not move
DeFi lending protocol Edel disclosed a $403,000 exploit that hit the layer where tokenized stocks are trying to become DeFi collat...
Bitcoin Price Eyes Recovery After END-OF-CYCLE STRC Shock, Bitwise CIO Says Strategy Will Be ‘Less Important’ Next BTC Cycle
While improving macroeconomic conditions have supported a modest Bitcoin price rebound, Bitwise Chief Investment Officer Matt Houg...
Tether Freezes USDT In 131 TRON Wallets After OFAC Sanctions Update
Tether has again shown how much control stablecoin issuers can exercise when sanctioned wallets enter the picture. Following an up...