Business Cryptocurrency Currency Exchange Fintech Investment Services News

Cake DeFi Announces New Fiat To Crypto Gateway Capabilities

Gilded Automates Crypto Billing With Recurring Invoices

Cake DeFi, a leading platform for growing cryptocurrency assets, today announced support for swapping 13 major currencies into crypto, by partnering with an internationally compliant and advanced fiat-to-crypto gateway solutions provider.

Read More: Ondot’s Card Management Platform Now Offers Digital Issuance Capability

With this new launch, Cake DeFi is able to provide users from over 150 countries with the widest choice in payment methods and currencies, all the while enabling an intuitive and seamless user experience.

Bitcoin and ether (ETH) can be added to a Cake DeFi user’s account using bank transfer, debit/credit card, Apple Pay, and other preferred payment methods, all within minutes. Users in Europe, Australia and Canada will be able to enjoy zero gateway-fees using bank transfer options.

Read More:  GlobalFintechSeries Interview with RJ Horsley, President of SpotOn Transact, Inc

“After a thorough analysis of providers, we have chosen the most user friendly and cost efficient solution for our users,” said Cake DeFi CEO Dr. Julian Hosp. “Cake DeFi is not just about accelerating crypto adoption, but empowering our users with cashflow from their crypto. We are seriously excited about this new functionality, as it marks a significant milestone in our growth plans.”

Users will be required to perform a quick and simple identify verification, only for their first crypto purchase transaction. Once completed and deposited, users can immediately select a product on Cake DeFi, to start earning high yields on their crypto holdings.

Read More:  The Future of Cyber Insurance: Flexibility, Transparency & Specialization

Related posts

CBEEX, WeBank and Green Inclusive Jointly Introduce Blockchain Into Green Mobility Inclusive Platform

Fintech News Desk

Bottomline Announces Payments and Cash Lifecycle Platform

Fintech News Desk

Binance Labs Makes Strategic Investment in AltLayer

PR Newswire
1