Paxos, a bitcoin & crypto change service firm, introduced at present that Prex, a preferred Uruguay-based digital cash app with a pay as you go card, will quickly provide cryptocurrency shopping for, promoting, and holding capabilities for his or her 700,000 Uruguayan customers, and will likely be powered by Paxos Crypto Brokerage solution.
Shortly, Prex customers will have the ability to add cash to their account, and as soon as funded, Prex will allow its prospects to purchase Bitcoin, Ethereum, Bitcoin Money, Litecoin, and PAX Gold by means of its app; on Google Play or Apple’s App Store; with further markets coming in 2022.
“With Paxos Crypto Brokerage, Prex was in a position to combine Paxos APIs into their platform. Prex is aware of their prospects’ wants greatest, in order that they handle the shopper interactions whereas Paxos manages the crypto markets and custody on the again finish. As a result of Paxos is a regulated resolution that operates with the very best requirements for operation, Prex was in a position to reassure its regulators that its new options may very well be trusted by all Uruguayans.”
– The Paxos Team
Paxos Crypto Brokerage