Crypto.com Exchange Introduces Global USD Deposits and Withdrawals With Silvergate -Breaking
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Today, Crypto.com Exchange announced that it has partnered with Silvergate to offer USD withdrawals and deposits to institutional customers.
The integration provides an extra on/off ramp solution to the Crypto.com Exchange. Silvergate makes it easy for institutional clients to transfer USD directly from their bank accounts into the exchange. Silvergate Exchange Network (SEN) will allow customers to access the near-real-time payment platform. It allows them to send U.S. dollar 24 hours a.m., 7 days a semaine, 365 day a year. This feature is available for institutional clients on all available exchange markets.
Kris Marszalek, CEO and co-founder of Crypto.com said,
“We are excited to work with Silvergate to provide an additional fiat on/off ramp solution to our institutional clients. It is highly demanded and will make trading easier on Crypto.com Exchange. Silvergate’s products and services bridge the gap from the traditional financial world to the crypto world, which supports our mission to ‘accelerate the world’s transition to cryptocurrency.’ We look forward to extending the service to more customers.”
Silvergate’s CEO, Alan Lane said,
“We are pleased to welcome Crypto.com as a Silvergate customer and SEN participant. Their diverse and dedicated global user base and commitment to industry success helps to ensure further crypto adoption around the world.”
For a complete listing of all countries, please visit our help center and submit an application to become an institution Client.
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