OKEx integrates fiat gateway Bitbns for India-based traders

NEW DELHI: Global cryptocurrency exchange OKEx and India’s leading crypto wallet and exchange platform Bitbns have joined hands to elevate flexible trading capabilities for Indian crypto users across the region.

Indian traders can now buy multiple cryptocurrencies like Tether, Chainlink, Aave, Matic and USD Coin on OKEx directly with Indian currency via bank transfer, UPI and IMPS.

OKEx.com, the world’s second-largest cryptocurrency exchange, has announced a strategic partnership with Bitbns to simplify crypto investing for India-based traders.

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OKEx & Bitbns have integrated using the Matic (Polygon) ecosystem to provide free blockchain transfers to its users. It is the first strategic partnership in India by OKEx.

The partnership will give users access to trading tools/options, which Indian crypto users have not been privy to previously. Users can now seamlessly purchase cryptocurrency using the domestic currency.

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.

“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,\” said Jay Hao, CEO, OKEx.com.

Founded in 2017 and with more than 20 million users across the globe, OKEx is one of the leading crypto exchanges with reach and users panning across the globe.

With its recent sprint of operation in South Africa and India, OKEx aims to empower the crypto community with next-gen crypto trading tools, security and technology.

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