New York, Sunday, October 26, 2024 – Polimec, the decentralized fundraising protocol on Polkadot, announced its integration with Banxa, a fiat-to-crypto gateway provider.
This collaboration enables users to convert fiat currencies such as USD and EUR into tokens like USDT, USDC, and DOT, making Web3 investments more accessible.
The integration bridges traditional finance (Web2) and decentralized finance (Web3), easing participation in blockchain fundraising. With Banxa’s payment gateway, users can invest in blockchain projects using familiar fiat currencies, removing the complexity of crypto conversions.
Flavio Bianchi, Foundation Council at Polimec, emphasized that the partnership with Banxa furthers Polimec’s mission to simplify Web3 fundraising. “This integration makes the onboarding process more inclusive and creates new opportunities for all types of investors,” he said.
The process is straightforward: users select Banxa as their preferred payment method, pay using a credit card in fiat currencies such as USD or EUR, and instantly receive participation tokens directly into their crypto wallet.
Polimec’s integration of Banxa lowers entry barriers for both newcomers and experienced crypto users, facilitating compliant and transparent fundraising in the Web3 space. The company continues to enhance user experience and aims to make multichain Web3 investments more globally accessible.
Polimec is committed to creating a transparent and fair fundraising protocol, allowing diverse investor participation in blockchain projects.
