Paxos, a bitcoin and crypto trade companies firm, introduced immediately that Prex, a preferred Uruguay-based digital cash app with a pay as you go card, will quickly offer its 700,000 Uruguayan customers the flexibility to purchase, promote and maintain cryptocurrency to Paxos Crypto brokerage resolution.
Earlier than lengthy, Prex customers will be capable to add funds to their account, and after funding, Prex will permit its prospects to purchase Bitcoin, Ethereum, Bitcoin Money, Litecoin and PAX Gold by its app. on Google Play or within the Apple App Retailer; with additional markets in 2022.
“With Paxos Crypto Brokerage, Prex was capable of combine Paxos APIs into its platform. Prex is aware of the wants of its prospects finest and manages the client interactions, whereas Paxos manages the crypto markets and custody within the backend. As a result of Paxos is a regulated resolution that operates to the best operational requirements, Prex has been capable of guarantee its regulators that each one Uruguayans can belief its new options. “
– The Paxos group
Paxos crypto brokerage