Since our founding in 2013, CEX.IO has sought to build better, safer ramps between the fiat and crypto markets. From pioneering the use of credit/debit cards to purchase digital assets, to offering convenient entry and exit points for users at every stage of their individual crypto journeys. As such, CEX.IO has enjoyed time-tested relationships with many major payment processors operating within the industry.
That’s why partnering with Checkout.com to harness the power of Visa Direct, Visa’s real-time money movement network, was the logical next step in our growth as a forward-looking guide through the crypto ecosystem. Checkout.com’s multi-region card payout and global processing solutions, enabled by Visa Direct, will further empower over five million CEX.IO users worldwide to chart their own crypto path.
“Checkout.com is a payment processor that really understands the industry and has the technology and performance to deliver results,” said Konstantin Anissimov, COO at CEX.IO. “There is an immense opportunity for our business in the Web3 space, and Checkout.com is the provider enabling us to remain agile.”
While the crypto ecosystem remains a place of emerging discovery, this partnership provides CEX.IO with the power to keep pace – and stay ahead of – Web3 evolutions. Transactions generated through CEX.IO will join the nearly 80% of global trading volumes already represented by Checkout.com.