The services offered by XanPool as a fiat gateway solution that helps bridge the gap between fiat and cryptocurrencies.
In 2021, the cryptocurrency market is considered to be an emerging financial asset class. From big tech companies to institutions and investors to governments - are eyeing digital currencies. Moreover, in recent years, cryptocurrencies have also gained mainstream adoption. Sports players demanding their salaries in Bitcoin, tax regulations for crypto, companies accepting payment in digital currencies, and FinTech firms providing crypto solutions are some of the factors that suggest how the industry is moving towards normalization.
The rise in interest, applications, and use-cases has led to the need for bridging the gap between traditional finance and digital assets. Additionally, this need is likely to escalate as more merchants start integrating cryptocurrencies within their infrastructure. To cater to the rise in demand for integrating crypto solutions, XanPool offers its services of easy onboarding and user-friendly interaction of crypto with conventional payments.
In this article, we look at the different services of XanPool and how a user can leverage various features for an optimum experience.
XanPool: Bridging the Gap Between Fiat and Cryptocurrencies
XanPool is an internationally compliant fiat-gateway software solution that enables easy integration into crypto and facilitates easy conversion of crypto into fiat and vice versa. Let’s explore the different features offered by XanPool.
Onboarding - XanPool facilitates a simple process of onboarding users into its platform. The registration process to access its services is easy. XanPool also enables automated KYC procedures to offer a user-friendly experience of onboarding crypto.
Access cryptocurrencies - A user can access more than 20 cryptocurrencies including prominent coins like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and more.
Fiat gateway - Its services offer efficient and fast conversion of digital assets into fiat currencies and vice versa.
Support - XanPool’s services are supported in several countries, including Singapore, Philippines, India, Indonesia, Japan, Hong Kong, Malaysia, Thailand, Vietnam, and more.
Local payments - One of the unique features offered by XanPool is its support for local payments. It provides an option for users to interact with digital assets through local payment methods.
Instant orders - The services of XanPool enable near-instant and fast conversions of crypto into fiat. Users no longer have to wait for days or weeks for settlement. XanPool allows users to settle their cryptocurrency to local fiat currency within minutes.
Non-custodial - XanPool does not take custody of a user’s funds during the entire process. This further provides optimum security to a user’s funds.
Integrating XanPool’s Services
Digital currencies are gaining popularity as payment method. Cryptocurrencies have several benefits in comparison to conventional methods of payments. They can be transferred to anyone across the globe without any limitations on geographical boundaries. Additionally, unlike fiat currencies, settlements in digital currencies are instant.
Moreover, you can perform transactions in digital currencies round the clock as they operate 24/7. Another leading advantage of using crypto as a payment method is that you incur nominal transaction fees. Traditional payment methods take anywhere between 3-9% for cross-border transactions. The advantages of digital assets lead several merchants, organizations, and websites to accept it as one of the payment methods.
XanPool offers a unique solution for different cryptocurrency business like exchanges and wallets to integrate a fiat to crypto gateway. Moreover, a single software stack of XanPool supports more than 15 countries and currencies with local payment options. There are two simple methods to integrate XanPool’s software instantly allows your global customers to interact with crypto in their local payment methods.
Exchanges, wallets, or crypto businesses can offer services of crypto fiat solutions by integrating XanPool's solution through a widget. XanPool widget provides an easy way to 3rd party partners to on & off board their customers using pre-built features. Our widget is responsive and designed to fit all devices ensuring smooth a pleasant transaction from start to end.
XanPool REST API allows 3rd party partners to build a custom interface for their users using XanPool infrastructure. This allows our partners to build a customised solution for providing crypto gateway services and onboard customers.
The Rise in Demand for Crypto Solutions
Mainstream adoption of crypto is leading to people flocking towards solutions that facilitate crypto to fiat conversions and vice versa. Moreover, its emergence as a new financial asset class has led to its prevalence as an investment vehicle.
Innovative solutions that enable an easy onboarding for customers into crypto industry are gaining importance. XanPool not only facilitates customers to engage with crypto but also allows you to develop your own interface for you to facilitate your users to interact with cryptocurrencies. Moreover, its features for support of local currencies and fast settlements allow you to offer an optimum experience of crypto investments to your customers.