This archive report was first published on 20 June 2020.
On June 20, 2020, Paxful, a peer-to-peer cryptocurrency marketplace, announced a strategic partnership with OKEx, a world-leading cryptocurrency exchange, to provide easy access to the global cryptocurrency market.
The partnership integrates Paxful's Kiosk directly onto the OKEx platform, allowing users to buy bitcoin with over 160 fiat currencies, including GB pounds, euros, and more.
Users will also have access to Paxful's diverse payment methods, such as bank transfer, gift cards, and online wallets, making it easier to buy and sell cryptocurrencies.
According to Ray Youssef, CEO and co-founder of Paxful, 'At Paxful, one of our goals is to help grow the crypto community. We admire OKEx's work and know that our values and strategy are aligned.'
OKEx CEO, Jay Hao, added, 'We're delighted to partner with Paxful and share very similar goals about onboarding more people to cryptocurrency.'
The partnership aims to provide easier access to the global cryptocurrency market, particularly in regions such as Vietnam, South Africa, and Indonesia.
