Introduction: About Banxa
Hello friends, I’m Duy; Strategic Partnership Manager at Banxa.com. I am currently using AAVE in lieu of a bank for all my savings and borrowing requirements and absolutely love the protocol from a personal standpoint, especially on the Polygon network.
Banxa (TSXV: BNXA) is the world’s leading fiat <> crypto gateway with the highest conversion rates and most payment methods in the industry. Banxa is the leading publicly listed payments and compliance company for the digital assets space. Our vision and mission are to build the bridge that provides people in every part of the world access to a fairer and more equitable financial system, and we’d love to work with AAVE
- Homepage: https://banxa.com/
- Documentation: http://docs.banxa.com/
- Case Studies: Case Studies - Banxa
- Twitter: https://twitter.com/BanxaOfficial
Our goal is to support Aave to be the one-stop-shop for all financial services requirements, essentially replacing banks. Banxa allows users to buy and sell cryptocurrencies across multiple blockchains using the widest range of fiat currencies and payment methods:
Banxa will currently offer and will offer the following networks by the end of 2021:
Currently Available Blockchains
- Ethereum ERC-20
By End of October 2021
- Binance Smart Chain
By end of 2021
- Harmony One
Plus many more to come including but not limited to Polkadot, Klaytn Chain and Solana on our roadmap.
Banxa has processed over $1B+ in volume since inception in 2018, with $700 mn processed in the past year.
Given that AAVE already supports Ethereum, Polygon and Avalanche with intentions to become a multichain money market protocol, Banxa wants to be the one-stop-shop to allow users to get in and out of fiat.
Banxa has the following payment methods
MasterCard, Visa and ApplePay
Local bank wire/transfers across
UK (Faster Payment)
USA (US-Bank Wire)
South-East Asia (multiple payment methods to be released 2022)
Latin America (TBA)
Banxa also has sell (off-ramp) across these currencies
Canada (November 2021)
USD (By end of 2021)
And many more on our roadmap to come…
Banxa Key Partners
DeFi Non-Custodial: Bancor
Hardware Wallets: Trezor Wallet
Many more in the pipeline are yet to be announced
- Opportunity for Joint Press Release with support from our CMO (ex-RockStar Games)
Integration will be simply done via an API-redirect on the ‘deposit’ page, user’s MetaMask wallet will automatically be pre-filled when using Banxa. Support for other wallets to come in 2022.