Posts

Showing posts with the label crypto-

Binance self-custody wallet launches crypto-to-fiat off-ramp

Image
Trust Wallet has partnered with MoonPay and Ramp to allow customers to convert their crypto to fiat without using any centralized exchange. Trust Wallet, the noncustodial and multichain crypto wallet , has partnered with Ramp and MoonPay to introduce seamless crypto- to -fiat withdrawals for its users. The partnership will allow wallet users to convert crypto to fiat directly within the wallet app. The feature eliminates the need for transferring funds to a centralized wallet to liquidate or convert to fiat. With the help of this new functionality, users may now enter and exit the cryptocurrency market totally through their self-custody wallet and take complete control of their cryptocurrency funds. Cash out window. Source: Trust Wallet The crypto-to-fiat conversion feature comes when centralized exchanges and even peer-to-peer platforms are shutting down. The latest to shut up shop is Paxful, a popular P2P global exchange that announced its closure on April 4, citing regulator...