Through the partnership, AstroPay will facilitate a secure payment platform that will enable traders on Huobi Global to seamlessly purchase crypto assets using fiat currency.
“Latin America lays claim to a young and vibrant population brimming with enthusiasm for the crypto industry, and we have observed a significant increase in the number of new Huobi Global users from this region,” said Lily Zhang, Chief Financial Officer of Huobi Global. “Our collaboration with AstroPay underscores our goal to make the purchase and trading of digital assets a secure, convenient and enjoyable experience for everyone.”
Sara Rita, Chief Commercial Officer of AstroPay, said: “AstroPay is renowned for its expertise in 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 will ultimately lead to higher trading volumes and greater engagement within the cryptocurrency sector.”
Huobi Global is among the world's largest cryptocurrency exchanges, with users in 160 different countries and regions. Huobi Global’s partnership with AstroPay will see the exchange provide users in Latin America with fiat to crypto payment options through AstroPay digital wallet. Huobi Global’s users in the region will be able to purchase and subsequently 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.
AstroPay is a convenient payment solution for those consumers who wish to make online purchases on international e-commerce sites. Users can make payments easily using more than 200 payment methods in their local currency. Already one of the biggest payment providers in Latin America since its inception in Brazil in 2009, AstroPay is now available across the globe with millions of registered users, and is rapidly expanding its footprint in Asia, Africa and Europe.