Monday, March 20, 2023
  • About Us
  • Web3Wire
  • Meta3Wire
  • RSS Feed
  • Partners
  • Media Kit
  • Contact Us
Block3Wire
No Result
View All Result
  • Home
  • NFTs
  • Business
    • News
    • Opinion
    • Guides
    • Press Releases
  • Crypto Whitepapers
  • DeFi Research Reports
  • Blockchain Resources
Block3Wire
  • Home
  • NFTs
  • Business
    • News
    • Opinion
    • Guides
    • Press Releases
  • Crypto Whitepapers
  • DeFi Research Reports
  • Blockchain Resources
No Result
View All Result
Block3Wire
No Result
View All Result
Home News

Global Web3 Payments Leader, Banxa, Announces Integration With Metis to Usher In Next Wave of Cryptocurrency Users

February 7, 2023
in News, Business
0
27
SHARES
451
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

Banxa, the world’s first listed cryptocurrency payment gateway provider, today announced its integration with Metis, an organization committed to building a robust and decentralized layer 2 infrastructure to empower the web3 economy. Banxa’s fiat-to-crypto on-and-off ramp will enable Metis’ user base to benefit from Banxa’s enhanced payment methods and banking options capabilities. Through the integration, Metis users can now easily interact with the 49+ cryptocurrencies supported by Banxa, including BTC, ETH, SOL, DOT, and BNB.

According to a survey from The Ascent, more than 46.5 million Americans plan to purchase cryptocurrency within the next year. Globally, studies show that roughly 1 billion people owned or transacted with cryptocurrency in 2022, indicating the continued interest and adoption of digital assets. Although awareness of the digital economy is growing, there remains a massive gap in the understanding and usability of cryptocurrency that inhibits further potential growth. Currently, 24% of Americans claim to not understand cryptocurrency or digital wallets, with another 17% of Americans commenting that they chose not to invest in digital assets because they are unsure of how they can be used.

In an effort to make cryptocurrency more user-friendly and more easily accessible, Banxa’s integration with Metis simplifies the complexities surrounding cryptocurrency for Metis users, as well as the next wave of crypto enthusiasts.

“We are always striving to propel the industry forward, and accelerate the adoption of digital assets and blockchain technology,” said Elena Sinelnikova, Metis CEO and Co-founder. “In many ways, adoption begins with simplification of the technology and education around the potential Web3 represents. Metis is incredibly proud to work alongside Banxa to continue driving toward that mission, and we are confident the integration will massively benefit current and future users.”

Widely recognized as an industry-leading fiat-to-crypto onramp, Banxa brings users across the digital asset space a frictionless experience complete with low fees and robust fraud protection to make navigating cryptocurrency easy and secure. Banxa solution delivers rigorous compliance standards to mitigate risk for users, while facilitating access to cryptocurrency to users across the globe.

“We’re excited to announce this integration with Metis, and provide our seamless on/off ramp infrastructure to support the growing user demands,” said Josh D’Ambrosio, Chief Commercial Officer at Banxa. “Metis represents one of the most popular Layer 2 solutions, and we feel strongly that, together, we can accelerate DeFi’s mass adoption.”

ABOUT BANXA

Banxa’s mission is to accelerate the world to Web3 with its leading global on-and-off ramp solution. Through its extensive network of local payment solutions paired with the required crypto licenses, Banxa gives its partners and projects access to global audiences with less friction and higher conversions. Banxa has a global team of Web3 natives – with operating headquarters in the USA, Europe and APAC regions.

For further information go to www.banxa.com.

ABOUT METIS

Metis is a first of its kind, scaling and user friendly platform built to scale Ethereum and facilitate infrastructure development. The Metis Layer 2 is just the core component of the Metis Stack*, followed by the Reputation Power System, and the Decentralized Autonomous Company (DAC) Framework. The Metis Stack will provide the ideal environment for infrastructure development, day-to-day businesses, and other forms of open collaboration to take place.

When using Metis, users can rest assured that their transactions are being secured by Ethereum mainnet while uniquely inheriting the underlying benefits of Ethereum. Builders and users are truly interacting with, and secured by, Ethereum mainnet.

About Block3Wire
Block3Wire – News, press releases, events and research articles about Blockchain, Bitcoin, Ethereum, Cryptocurrencies, NFTs, DeFi, GameFi and DAOs. Explore Blockchain and Web3 Resources, DeFi research reports and all crypto white papers. Follow us on Google News and Listen to us on Google Podcast!

Visit Web3Wire for Web3 News and Events, Block3Wire for the latest Blockchain news and Meta3Wire to stay updated with Metaverse News.

Tags: BanxaElena SinelnikovaJosh D’AmbrosioMetis
Previous Post

Dexalot Launches First Hybrid DeFi Subnet on Avalanche

Next Post

Cathedra Bitcoin Announces Leasing of 2.5-MW Bitcoin Mining Facility

Next Post
Cathedra

Cathedra Bitcoin Announces Leasing of 2.5-MW Bitcoin Mining Facility

Discussion about this post

Newsletter

Join our Block3Wire Community!

Our newsletters are only twice a month, reaching around 10000+ Blockchain Companies, 800 Web3 VCs, 600 Blockchain Journalists and Media Houses.


* We wont pass your details on to anyone else and we hate spam as much as you do. By clicking the signup button you agree to our Terms of Use and Privacy Policy.

Popular on Block3Wire

  • Dexalot

    Dexalot Launches First Hybrid DeFi Subnet on Avalanche

    27 shares
    Share 11 Tweet 7
  • Covo Finance: Revolutionary Crypto Leverage Trading Platform

    27 shares
    Share 11 Tweet 7
  • BitFrontier Capital Holdings, Inc announces signing of lease for new crypto mining facility

    27 shares
    Share 11 Tweet 7
  • MINTangible takes on NFT intellectual property chaos with the introduction of a revolutionary NFT IP Rights Solution

    29 shares
    Share 12 Tweet 7
  • Global Web3 Payments Leader, Banxa, Announces Integration With Metis to Usher In Next Wave of Cryptocurrency Users

    27 shares
    Share 11 Tweet 7

RSS Latest on Web3Wire

  • Quantic Executive MBA Grads Launch Revolutionary Entertainment Public Blockchain Project (EPBP)
  • Bitcoin of America Announces New ATM Kiosk Feature BillPay
  • SupraFin Launches Institutional Quality Crypto Risk Scores/Ratings
  • 2023 Crypto Wallet Report: Top 3 Trends to Look Out
  • Capgemini collaborates with The University of California, Berkeley to accelerate time to market of new materials

RSS Latest on Meta3Wire

  • Thumbtack Honored as a 2023 Transform Awards Winner
  • Accenture Invests in Looking Glass to Accelerate Shift from 2D to 3D
  • MetatronAI.com Unveils Revolutionary AI-Chat Features and Interface Upgrades
  • Purely.website – Disruptive new platform combats rising web hosting costs
  • WEMADE and Metagravity Sign Strategic Alliance MOU to Collaborate on Blockchain Games for the Metaverse
Block3Wire

News, press releases, events and research articles about Blockchain, Bitcoin, Ethereum, Cryptocurrencies, NFTs, DeFi, GameFi and DAOs.

  • About Us
  • Web3Wire
  • Meta3Wire
  • RSS Feed
  • Partners
  • Media Kit
  • Contact Us

Crypto Coins

  • Top 10 Coins
  • Top 50 Coins
  • Top 100 Coins
  • All Coins – Marketcap

Crypto Exchanges

  • Top 10 Exchanges
  • Top 50 Exchanges
  • Top 100 Exchanges
  • All Crypto Exchanges
80 Best Blockchain Websites

Crypto Stocks

  • Blockchain Stocks
  • NFT Stocks
  • Metaverse Stocks
  • Artificial Intelligence Stocks

Tokens – ICOs and IDOs

  • ICO – Token Sales
  • Ongoing ICOs
  • Upcoming ICOs
  • Past ICOs
Block3Wire on Google News

Blockchain Resources

  • Blockchain and Web3 Resource Directory
  • Decentralized Finance (DeFi) – Research Reports
  • All Crypto Whitepapers

Metaverse Resources

  • AR VR and Metaverse Resources
  • Metaverse Courses

Block3Wire Podcasts

Block3Wire Podcast on Amazon Music  Block3Wire Podcast on Google Podcast

Block3Wire Podcast on Anchor.fm  Block3Wire Podcast on Spotify
  • Privacy Policy
  • Terms of Use
  • Disclaimer
  • Sitemap
  • Crypto Sitemap

© 2023 Block3Wire | All Rights Reserved.
Our Media Network: Web3Wire | Block3Wire | Meta3Wire
We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

No Result
View All Result
  • Home
  • NFTs
  • Business
    • News
    • Opinion
    • Guides
    • Press Releases
  • Crypto Whitepapers
  • DeFi Research Reports
  • Blockchain Resources

© 2023 Block3Wire | All Rights Reserved.
Our Media Network: Web3Wire | Block3Wire | Meta3Wire
We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Go to mobile version