Paxful Teams up with Social Trading Platform Bingbon

Paxful, a peer-to-peer platform for buying, selling, and trading digital currencies, yesterday announced the partnership with Bingbon, the derivatives-based social trading platform. 

With the new partnership, users can take full advantage of Paxful’s fiat-to-crypto network directly on Bingbon’s trading platform. 

According to the official press release, Bingbon users be able to fund their accounts directly with local fiat currency using Paxful’s nearly 400 payment methods, and they also have access to a one-stop crypto derivatives trading platform.

This joint initiative between Paxful and Bingbon is expected to create new trading opportunities for users. Aside from Bitcoin, traders can also obtain other cryptocurrencies such as Ethereum and Tether with nearly 400 ways to pay. Paxful’s marketplace allows users to instantly find sellers who meet the criteria of their trading needs, creating opportunities for quick and easy trades. Further to that, users can conduct these payments through Paxful on Bingbon.

​The latest partnership is intended to provide users of Bingbon with access to multiple new payment options through Paxful’s Peer-to-Peer marketplace. The integration has the general objective of simplifying and facilitating access to digital assets for users worldwide which reflects Bingbon’s mission of accelerating digital finance by technology and Paxful’s mission of giving everyone equal access to finance.