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Cake DeFi Announces New Fiat To Crypto Gateway Capabilities

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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.

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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.

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“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.

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