Cryptocurrency exchange operator Paxful announced on Thursday that it has formed a partnership with The White Company (TWC).
Based in New York, TWC is a technology company that builds blockchain-based products for both consumers and businesses.
The partnership means that users will be able to convert bitcoin into ten different fiat currencies, including the pound sterling, US dollar, Swiss franc and Australian dollar.
“Our partnership with Paxful will enable millions to access the digital economy through the simple and efficient technology that powers Paxful’s peer-to-peer marketplace,” said Elizabeth White, the CEO and founder of TWC.
“Together we can bring all the benefits of banking without the high costs to developing countries and the unbanked, as well as promote the usability of cryptocurrency worldwide.”