Chinese Exchange OKEx Opens Up Latin American to Cryptocurrency with Fiat Gateway — Partners With Settle Network
World-leading cryptocurrency spot and derivatives exchange OKEx has cut a deal with fiat-crypto solution provider Settle Network to utilise Latamex (a subsidiary of Binance) to buy Bitcoin (BTC) and Ethereum (ETH) on the exchange with Argentine Peso (ARS), Brazilian Real (BRL), and Mexican Peso (MXN) using bank transfer directly. Settle Network is the largest digital assets settlement network across Latin America for exchange and cross-border payments, providing programmatic interoperability between traditional and digital assets by leveraging financial infrastructures of LATMA countries.
Thanks to the partnership with Settle Network, through its wide array of products such as Latamex, Settle X, and PSP Xramp, etc, OKEx users will enjoy a much-improved experience in crypto-to-fiat trading and payment process through bank transfer. Settle Network has an array of products such as Latamex (largest crypto-to-fiat gateway in Latin America), Settle X (payment solutions for business, including stablecoin issuance solutions), PSP Xramp (payment processing solutions), between others.