CoinEx partners with Paxful, opening new Fiat-to-Crypto access for Latin America users

CoinEx
2 min readApr 16, 2021

We are very pleased to announce our new global strategic partnership with leading peer-to-peer crypto marketplace Paxful, to support Fiat-to-Crypto in Latin American.

This integration will allow CoinEx users to buy Bitcoin directly use Paxful’s peer-to-peer trading network, including Peso Argentino (ARS), Peso Mexicano (MXN), Peso Colombiana (COP), Peso Chileno (CLP), Sol Peruano (PEN) y Real Brasileño (BRL)through the CoinEx Fiat Gateway.

“Latin America is one of the world’s largest cryptocurrency market, but actually many individuals are unable to get bank accounts, which is a factor driving cryptocurrency adoption. Paxful provides users a variety of ways to buy crypto, this strategic partnership of OTC makes more convenient for users from Spanish-speaking countries.” said Haipo Yang, Founder and CEO of CoinEx.

“We’re excited to team up with CoinEx. Their CoinEx’s market presence will enable us to reach more people and bring the benefits of cryptocurrencies to a wider audience,” said Jean Ng, Growth VP at Paxful.

This collaboration between CoinEx and Paxful represents another step toward internationalization of the exchange. CoinEx now supports the Spanish version and will continue to improve Spanish costumer service with a greater focus on the local market, expect more deployments of CoinEx in the Spanish speaking region in the future.

For celebrate the cooperation, CoinEx and Paxful launch joint promotion activity: everyday from April 16th to April 30th 2021, users who completed deposit through Paxful on CoinEx will get airdrop of 10 USD in CET. Don’t miss out!

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