We are excited to share a significant milestone at CEX.IO! Our users can now seamlessly convert USDC into physical cash and vice versa at participating MoneyGram locations. This integration aims to improve your asset management’s convenience and flexibility.
How It Works
We enable simple cash-in and cash-out transactions by collaborating with MoneyGram, a widely trusted global fintech company. You can now fund your CEX.IO account with USDC using traditional currencies (fiat) at any participating MoneyGram location. Additionally, you can withdraw USDC from CEX.IO and receive cash in hand.
To add USDC to your CEX.IO account
- Initiate USDC deposit and choose MoneyGram as a payment method.
- Visit the nearest MoneyGram location and cash in funds.
To cash-out USDC from your CEX.IO account
- Withdraw USDC from CEX.IO by choosing MoneyGram.
- Visit the nearest MoneyGram location to collect funds.
Understanding MoneyGram
MoneyGram is a well-established financial service provider known for its money transfer services and other financial solutions. With both digital platforms and over 430,000 retail locations worldwide, MoneyGram allows consumers to send money internationally, pay bills, and more, ensuring affordable fees and excellent exchange rates. With a customer base exceeding 150 million, it’s a trusted name in the financial world.
Our Vision and Goal
CEX.IO’s mission is to connect users to the cryptocurrency economy through trustworthy and innovative solutions. Our integration with MoneyGram and the Stellar network is another step forward in our continued effort to increase accessibility to the digital economy. This new feature will facilitate diverse asset management methods, as it opens an opportunity for eligible users to enter or exit the digital economy with cash.
Experience this new seamless way to manage your assets via CEX.IO and MoneyGram. For more details, visit our Help Centre.
The web content provided by CEX.IO is for educational purposes only. The information and tools provided neither are, nor should be construed as, an offer, or a solicitation of an offer, or a recommendation, to buy, sell or hold any digital asset or to open a particular account or engage in any specific investment strategy. Digital asset markets are highly volatile and can lead to loss of funds.
The availability of the products, features, and services on the CEX.IO platform is subject to jurisdictional limitations. To understand what products and services are available in your region, please see our list of supported countries and territories. This page includes additional links to information about individual products, and their accessibility.