Huobi Global, one of the world’s leading cryptocurrency exchanges, has partnered with AstroPay, the online payment solution of choice for millions of users worldwide, to provide fiat-to-crypto payment services for Huobi Global users in Latin America.
Through the partnership, AstroPay will facilitate a secure payment platform that will enable traders on Huobi Global to seamlessly purchase crypto assets using fiat currency.
“Latin America lays claim to a young and vibrant population brimming with enthusiasm for the crypto industry, and we have observed a significant increase in the number of new Huobi Global users from this region. Our collaboration with AstroPay underscores our goal to make the purchase and trading of digital assets a secure, convenient and enjoyable experience for everyone,” Lily Zhang, Chief Financial Officer of Huobi Global, said.
“AstroPay is renowned for its expertise in providing payment services for companies looking to target the diverse Latin American market. Huobi Global users will be able to purchase and sell their crypto assets in local currencies, which will ultimately lead to higher trading volumes and greater engagement within the cryptocurrency sector,” Sara Rita, Chief Commercial Officer of AstroPay, said.
Huobi Global’s partnership with AstroPay will see the exchange provide users in Latin America with fiat to crypto payment options through AstroPay digital wallet. Huobi Global’s users in the region will be able to purchase and subsequently trade through a variety of payment methods including credit and debit cards, bank transfers, and local alternative options, such as Pix in Brazil and SPEI in Mexico.