Singapore based LATOKEN crypto exchange launched a new fiat-to-crypto payment gateway which enables the option to buy crypto using fiat currencies through a bank based Debit or Credit Card.
With its partnership with Mercuryo, the crypto exchange has simplified KYC for deposits up to €150 using an approved mobile number and email. Its partnership with Banxa has aided in expanding the number of fiat currencies available for buying crypto. Besides USD and EUR, Bitcoin or Ethereum can also be bought using a bank card, tied to U.K. pound (GBP), Australian dollar, (AUD), Singapore dollar (SGD) and Canadian dollar (CAD). Other available payment systems, besides using a bank card, are SEPA transfers, and iDEAL (an e-commerce payment system).
LATOKEN’s complete set of supported fiat currencies are USD, EUR, GBP, AUD, SGD, CAD, RUB, and INR. The cryptocurrencies that can be bought for fiat are: BTC, ETH, USDT, LTC, BCH, XRP, XLM, ATOM, and TRX.
Founded in 2017, LATOKEN is a crypto exchange focusing on liquidity for new tokens. According to company data, it has over $300m+ daily turnover and more than 300.000 registered traders with 320+ crypto pairs available for trading. The exchange is planning to add more providers in future so that users could choose the best condition for depositing more with minimum fees. It is also working to withdraw money on banking accounts by exchanging popular cryptocurrency to USD, EUR, and other fiat currencies.