Hashflow, the decentralized trading platform, has announced its partnership with MoonPay, the web3 payment platform, to integrate fiat-to-crypto payments globally. The integration will enable users to purchase digital assets and trade them on Hashflow using debit/credit cards and transfers from crypto-friendly banks across 160 countries.
This move is expected to simplify the onboarding process onto Hashflow, which will help make DeFi more accessible to everyone. Hashflow users will now be able to exchange fiat directly into digital assets on Ethereum, Arbitrum, Avalanche, Optimism, and Polygon. Hashflow will initially support ETH, USDC, USDT, DAI, and other blue chip assets.
With the Hashverse’s release slated for later this month, this integration will help streamline the process of joining their gamified DAO, where users can start earning rewards by staking their tokens and completing single-player quests & team Battle Royales.
The partnership with MoonPay will ensure guaranteed price quotes from professional market makers without worrying about slippage or MEV. However, not every bank and card provider is crypto-friendly. In case of declined transactions, users are advised to contact their banks directly for more information.
“At MoonPay, our mission is to simplify the process of entering the digital asset ecosystem by allowing easy and fast transactions for users. We are thrilled to partner with Hashflow as they work to drive mainstream adoption of decentralized finance. Together, we aim to create a seamless and accessible pathway for traders worldwide, removing friction points for users across the globe,” said Bree Blazak, VP of Partnerships at MoonPay.
This integration is a significant step towards achieving mainstream adoption of DeFi by simplifying the onboarding process and making it more accessible to everyone. The 2023 roadmap of Hashflow promises more exciting releases, and this integration with MoonPay is expected to be just the beginning.
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