![](https://static.cryptofans.news/images/09c7094c_ab6d_401f_80b6_35c16bb48b15.webp)
DeFi platform WOO X project has added support for fiat payments through a partnership with fintech platform Mercuryo.
This will be the first time that WOO will be providing such services to its customers, as it attempts to attract more users by offering more payment options. But fiat payments also require KYC.
The move also comes amid choppy times for the DeFi space, which largely tracks volatility in the crypto market.
WOO users now can buy crypto via credit card
WOO mentioned that initially only MasterCard and Visa card holders will be able to buy digital assets from the platform. The users can buy USDT by paying USD, EUR, GBP and BRL. The platform is gearing up to add more vendors and payment systems for both types of currencies.
However, future updates will be carrying additional support direct bank transfers and more. The platform believes that this will help them to add more customers from all over the globe.
Trending Stories
Here's Why ApeCoin's (APE) Price Could Easily Surpass $20
DeFi NewsSHAMINING Review: Best Cloud Platform To Mine Bitcoin
DeFi NewsBreaking: Dragonfly Capital Launches Its Biggest Crypto Fund At $650 Mln
DeFi NewsPolygon, Circle Help Japanese Blockchain Games Startup Raise $24 Mln
DeFi NewsBitcoin Mining Difficulty To Hit ATH Soon, What Does It Mean?
DeFi NewsEarlier this year, BINANCE had invested $12 million in WOO, which was applied towards developing more DeFi products.
Mercuryo supports over 120 blockchain projects and exchanges. In 2020, Mercuryo integrated with the world’s largest cryptocurrency exchange, Binance. This partnership helped the Binance users to buy major crypto coins like Bitcoin, Ethereum and Tether through bank cards.
WOO adds support for GMT
Meanwhile, the WOO Network’s native token jumped over 6% from near two-month lows. The WOO token is trading at an average price of $0.423, at the press time. The WOO token is the 129th largest cryptocurrency with a total market capitalization of over $442 million.
In addition, the WOO network also announced that users of the Solana (SOL)-based move-to-earn app STEPN can directly send GMT tokens through the platform to Solana.
The STEPN token is the top gainer in the last 30 days. GMT coin is trading at an average of $3.35, at the press time. The token has surged more than 225% in the past 30 days. While it has gained a whopping 2040% in the lasts 60 days.
- Trending
- Price Analysis
- Binance-Backed WOO Network Adds Support For Fiat Payments
- Here’s Why ApeCoin’s (APE) Price Could Easily Surpass $20
- ETH Whales Add $17 Mln Worth Of SAND Tokens; Here’s Why
- This Upcoming ETF Hedges Both Bitcoin And Gold Against Inflation
- Shiba Inu Regains Top Spot In Whales Holdings, Can Its Price Recover?
- Bitcoin’s (BTC) Latest Tumble Below $40k Was Triggered By This
- World’s Largest Digital Asset Manager Grayscale Prepares to Enter European Crypto Market
- Bitcoin Price and Crypto Market Tank 5% Once Again But ‘Buy the Dip’ Interest Spikes
- Why Ethereum Merge Is Expected To Skyrocket Not Just ETH?
- Coinbase’s NFT Partner Secures $70 Million In Series B Funding
- ApeCoin Price Prediction: APE Price Ready To Hit Fresh Highs; Time To Buy?
- COSMOS Price Prediction: ATOM Price Predicts 33% Gains Amid Oversold RSI
- Sandbox Price Analysis: Triangle Pattern Triggers 24% Fall in SAND Price
- Solana Price Prediction: Is Current Consolidation in SOL Price Suspects Buying?
- Terra Price Prediction: LUNA Price Sinks 8%; Time To Rebound?
- CAKE Price Analysis: Double Top Pattern Fallout Teases 18% Fall In CAKE
- Graph Price Prediction: Range Breakout Hints GRT Price to Grow 18%
- Bitcoin Price Prediction: BTC Price Struggles Below $40,000; Is Sideways To Continue?
- Dogecoin Price Analysis: Inverted H&S Pattern May Raise DOGE To $28
- Aave Price Prediction: AAVE Price Looks For 17% Gains; Are You Buying?
- About author
- Disclaimer