Cryptocurrencies have gained popularity in recent years, and many people are looking to invest or trade digital assets but need to know how. That's why fiat-to-crypto exchanges allow users to convert traditional currencies, such as USD, EUR, or GBP, into cryptocurrencies. Using a fiat-to-crypto exchange, you can buy, sell, or trade cryptocurrencies based on the exchange rates and market conditions. These exchanges act as intermediaries, facilitating the exchange of fiat currencies for cryptocurrencies and vice versa.
Crypto exchanges OKX and Okcoin are merging, and OKX will open new legal entities when licenses become available for different parts of the world. One critical step is introducing a scalable solution for the unified fiat payment experience - which includes buy, sell, deposit, and withdraw - to existing Okcoin retail/ corporate users and new users in general.