The off-ramp service by Mercuryo and Trust Wallet bridges Web3 and Web2.
Available in 135 countries, it allows users to convert over 30 cryptos into USD or EUR.
Global payments infrastructure provider Mercuryo has
announced a new partnership with Trust Wallet, a leading self-custody Web3
wallet. Trust Wallet supports over 100 blockchains and more than 10 million
assets. The partnership introduces an off-ramp service that allows users to
convert cryptocurrencies into fiat currencies.
Linking Web3 and Web2 for Crypto and Fiat Exchange
The off-ramp service aims to bridge the gap between Web3 and
Web2. It provides users with a straightforward interface for switching between
fiat and cryptocurrency. These services are important for Web3 adoption,
helping to attract users who are more familiar with Web2.
Petr Kozyakov, Co-Founder and CEO at Mercuryo, Source: LinkedIn
Mercuryo’s off-ramp service for Trust Wallet enables the
conversion of over 30 cryptocurrencies into US dollars (USD) or euros (EUR).
This service is available in 135 countries.
“Trust is the wallet of choice for millions of mobile users
across the globe,” said Petr Kozyakov, Co-Founder and CEO at Mercuryo.
“While
there is never anything more important than storing your crypto securely,
having access to a seamless off-ramp service is also vital. Trust Wallet’s
adoption of Mercuryo’s intuitive and user-friendly off-ramp service is a great
endorsement of our offering, which is available across the globe.”
Accessibility with New Conversion Tool
Michael Lwin, Staff Product Manager at Trust Wallet
To convert cryptocurrency into fiat on Trust Wallet, users
select the cryptocurrency they wish to sell and enter the amount.
After
confirming the selection, they proceed to the Mercuryo portal for validation.
The user finalizes the sale by clicking the "Sell" button. Once the
transaction starts, users can monitor its status via a progress screen. Upon
completion, users receive confirmation and details of the fiat funds received.
“At Trust Wallet, we're committed to making Web3 easier and
more accessible for millions of people,” said Michael Lwin, Staff Product
Manager at Trust Wallet.
“The addition of Mercuryo as an off-ramp provider
underscores this commitment, as well as our drive to continuously improve the
user experience. Users now have more flexibility and options than ever for
converting their crypto to fiat in a way that is safe and secure.”
Global payments infrastructure provider Mercuryo has
announced a new partnership with Trust Wallet, a leading self-custody Web3
wallet. Trust Wallet supports over 100 blockchains and more than 10 million
assets. The partnership introduces an off-ramp service that allows users to
convert cryptocurrencies into fiat currencies.
Linking Web3 and Web2 for Crypto and Fiat Exchange
The off-ramp service aims to bridge the gap between Web3 and
Web2. It provides users with a straightforward interface for switching between
fiat and cryptocurrency. These services are important for Web3 adoption,
helping to attract users who are more familiar with Web2.
Petr Kozyakov, Co-Founder and CEO at Mercuryo, Source: LinkedIn
Mercuryo’s off-ramp service for Trust Wallet enables the
conversion of over 30 cryptocurrencies into US dollars (USD) or euros (EUR).
This service is available in 135 countries.
“Trust is the wallet of choice for millions of mobile users
across the globe,” said Petr Kozyakov, Co-Founder and CEO at Mercuryo.
“While
there is never anything more important than storing your crypto securely,
having access to a seamless off-ramp service is also vital. Trust Wallet’s
adoption of Mercuryo’s intuitive and user-friendly off-ramp service is a great
endorsement of our offering, which is available across the globe.”
Accessibility with New Conversion Tool
Michael Lwin, Staff Product Manager at Trust Wallet
To convert cryptocurrency into fiat on Trust Wallet, users
select the cryptocurrency they wish to sell and enter the amount.
After
confirming the selection, they proceed to the Mercuryo portal for validation.
The user finalizes the sale by clicking the "Sell" button. Once the
transaction starts, users can monitor its status via a progress screen. Upon
completion, users receive confirmation and details of the fiat funds received.
“At Trust Wallet, we're committed to making Web3 easier and
more accessible for millions of people,” said Michael Lwin, Staff Product
Manager at Trust Wallet.
“The addition of Mercuryo as an off-ramp provider
underscores this commitment, as well as our drive to continuously improve the
user experience. Users now have more flexibility and options than ever for
converting their crypto to fiat in a way that is safe and secure.”
Tareq is a financial writer with 15 years of experience covering global markets. His work spans technical analysis, forex broker reviews, and market sentiment, with a focus on topics relevant to retail traders. He joined Finance Magnates in 2023.
At Finance Magnates, he serves as News Editor, covering retail forex and CFD brokers, cryptocurrency exchanges, fintech firms, and regulatory developments shaping the trading industry. He holds an Honours degree in Information Technology from Anfell College, London.
Education:
Honours degree Information Technology, Anfell College, London
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