Key Takeaways
- The Polygon-based DEX QuickSwap is introducing fiat payments.
- This will allow users to make credit card and debit card payments to buy cryptocurrency on the DEX.
- Most DEXes only allow crypto-to-crypto trades, making QuickSwap one of the first DEXes to support the feature.
QuickSwap now offers a fiat onramp for credit and debit card users, making it one of the first decentralized exchanges (DEXes) to do so.
Fiat Support for DEX Purchases
QuickSwap has announced that its DEX will allow users to buy crypto with payment cards. “After careful deliberation, we’ve launched Transak integration, allowing users to buy crypto straight from their credit or debit cards on QuickSwap,” the project noted on Twitter.
Typically, DEXes only allow crypto-to-crypto trades, meaning that QuickSwap is one of the first to offer the feature. “We don’t know of any other DEXs who are offering this service,” the project noted.
Despite that claim, some DEXes do offer the feature. KyberSwap partnered with Coindirect to offer a fiat g