A new partnership between Crypto.com Exchange, one of the fastest growing and most secure crypto trading platforms, and Silvergate, a Federal Reserve member bank and a leading provider of innovative financial infrastructure solutions and services for the growing digital currency industry, was just announced to introduce USD deposits and withdrawals for Crypto.com institutional clients.
Partnering with Silvergate will provide yet another key cog in Crypto.com Exchange’s ability to allow users to transfer fiat currencies into digital currencies with the push of a button. By utilizing Silvergate, users will have the ability to easily transfer funds between their bank accounts and Crypto.com Exchange without the burden of any sort of fees attached. All institutional clients of Cryptp.com Exchange will have the ability to access Silvergate’s Exchange Network 24 hours a day, 365 days a year.
Co-founder and CEO of Crypto.com Kris Marszalek commented on the partnership saying,
“We are excited to work with Silvergate to provide an additional fiat on/off ramp solution to our institutional clients. The solution is highly requested which will enable an even better trading experience in the Crypto.com Exchange. Silvergate’s products and services bridge the gap from the traditional financial world to the crypto world, which supports our mission to ‘accelerate the world’s transition to cryptocurrency.’ We look forward to extending the service to more customers.”
Alan Lane, CEO of Silvergate added,
“We are pleased to welcome Crypto.com as a Silvergate customer and SEN participant. Their diverse and dedicated global user base and commitment to industry success helps to ensure further crypto adoption around the world.“
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