Crypto Exchange FTX Partners with Nuvei Technologies for Instant Payment Solutions

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Blockchain
Crypto Exchange FTX Partners with Nuvei Technologies for Instant Payment Solutions

Nuvei Technologies, the global payment technology partner of some of the leading brands has partnered with crypto exchange FTX to provide robust instant payment solutions to the platform’s users.

Nuvei Partners with FTX

In an announcement made today, Nuvei Technologies stated it had allied with the leading cryptocurrency derivatives exchange FTX to bolster the latter’s payment solutions for a better customer experience.

The partnership with Nuvei Technologies will enable FTX to tap the former’s innovative and robust payment solutions that drastically improve user experience via instant deposits with support for high value transactions.

In turn, the rapid payment solutions will allow FTX users to instantly purchase cryptocurrencies with added security.

Commenting on the development, Philip Fayer, Chairman, and CEO, Nuvei Technologies, said:

“Our partnership with FTX demonstrates Nuvei’s leadership in the growing cryptocurrency vertical and shows our ability to provide innovative solutions for customers of all types around the world.”

Adding:

“FTX is one of the world’s largest digital currency exchanges, and we are thrilled to partner with them to help simplify the transaction experience for their customers and speed processing times. Together, we will provide instant payment deposits, supporting the higher value transactions that are often required in cryptocurrency trading. We look forward to continuing our collaboration with FTX and to expand the partnership to provide more APMs and enable payouts, bringing the latest innovations to their payment capabilities.”

Similar sentiments were echoed by FTX CEO and Founder, Sam Bankman-Fried.

SBF said:

“We want our users to have a frictionless experience and be able to convert from fiat to crypto and back seamlessly. We are thrilled to partner with an innovative company like Nuvei to provide a reliable payment on and off-ramp for our users.”

At present, Nuvei’s proprietary platform offers seamless pay-in and payout capabilities in more than 200 countries across the world with local acquiring in 45 markets.

The payments solutions platform supports more than 500 local and alternative payment methods, almost 150 currencies, and 40 cryptocurrencies.

Aisshwarya Tiwari

Aisshwarya is currently working as the Chief Editor at crypto.news and holds more than 4 years of experience in the digital assets industry. He holds an undergraduate degree in Commerce with Honours and a post-graduate diploma in Liberal Studies. Before entering the crypto industry, Aisshwarya worked as an SAP Consultant for a global IT firm. He also cleared the CFA Level 1 exam before pivoting to the crypto industry due to its novel and exciting propositions.