Through the partnership, AstroPay will enable Huobi Global users to purchase their crypto assets with fiat money securely and benefit from local and international payment method options available in AstroPay network.
AstroPay is now available across the globe with millions of registered users, and rapidly developing in Asia, Africa, and Europe. AstroPay is an easy payment solution for consumers who do not necessarily have access to traditional banking service and who want to purchase online on international sites.
Huobi Global will open the fiat to crypto payment option in Latin America through AstroPay digital wallet. Users in these countries will then be able to purchase and trade through a variety of payment methods including credit and debit cards, bank transfers and local alternative options, such as Pix in Brazil and SPEI in Mexico.
Latin America lays claim to a young and vibrant population brimming with enthusiasm for the crypto industry and have observed a significant increase in the number of new Huobi Global users from this region.
AstroPay is well known for providing payment services for companies looking to target the diverse Latin American market. Huobi Global users will be able to purchase and sell their crypto assets in local currencies, which ultimately lead to more trading, higher volume, and greater engagement within the sector.