Despite tremendous leaps in the performance, the enrolling of new users on the cryptocurrency system continues to remain a complicated task. This is specifically true for users who are new to the domain of digital coins. Sensing this significant problem that could potentially jeopardize the adoption potential of cryptocurrency, many organizations are now working to make the procedure of getting users directly on the crypto universe easy and intuitive.
Take, for instance, MoonPay, which allows e-commerce users to get onto the crypto universe with the simple and intuitive procedure. The service is available in 162 countries around the globe, with some of the prominent names include the United States of America, India, Japan, South Korea, and Vietnam. The client list of the MoonPay includes platforms such as Bitcoin.com, Changelly, and Binance.
Finer Details
COTI is extending its Fiat On-Ramp by partnering with MoonPay, a fintech startup that develops tools for fiat-to-crypto payments. This gives a better banking and card coverage for COTI's solutions.https://t.co/b7kYThcUdG pic.twitter.com/Ozk4OAUc9g
— COTI Foundation (@COTInetwork) August 17, 2020
Thanks to the association between COTI and MoonPay, the former is now able to extend its Fiat On-Ramp service. This will enable the COTI to offer the service to its global clients who will be benefited from the enhanced coverage of its banking and card services. So that you know, Fiat On-Ramp service is essential for the COTI as it enables the company to provide the ultimate card processing facility to its users.
Conclusion
It will be interesting to witness how this association will pan out in the future and what tangible benefits both the organization will be able to derive from their coming together. COTI is also definitely working on its future set of solutions, including the blockchain dollars and MoonPay is going to play a significant role in COTI’s growth story. This development is also essential from the perspective of cryptocurrency and blockchain adoption. By making the onboarding process of customers easy and intuitive, this association is going to help widespread adoption of digital currency among masses.
