Huobi Global strikes deal with AstroPay to extend fiat-to-crypto payments into Latin America

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AstroPay, the online payment solution of choice for millions of users worldwide, has partnered with Huobi Global, one of the world’s leading cryptocurrency exchanges and digital asset trading platforms, to provide fiat-to-crypto payment services for Huobi users in Latin America.

Through the partnership, AstroPay will enable Huobi Global users to purchase their crypto assets securely with fiat money and benefit from the local and international payment options available in AstroPay’s network.

Already one of the biggest payment providers in Latin America since its inception in Brazil in 2009, AstroPay is now available across the globe with millions of registered users and developing a rapidly growing user base in Asia, Africa and Europe. AstroPay is an easy payment solution for consumers who may not have access to traditional banking services and want to purchase online from international sites. Users can pay easily in their local currency with over 200 payment methods available.

By partnering with AstroPay, Huobi Global will open the fiat-to-crypto payment option in Latin America through the AstroPay digital wallet. Users in these countries will then be able to purchase and trade through a variety of payment methods including credit and debit cards, bank transfers and local alternative options, such as Pix in Brazil and SPEI in Mexico.

Lily Zhang, Chief Financial Officer of Huobi Group, shared, “Latin America lays claim to a young and vibrant population brimming with enthusiasm for the crypto industry, and we have observed a significant increase in the number of new Huobi Global users from this region. Our collaboration with AstroPay underscores our goal to make the purchase and trading of digital assets a secure, convenient and enjoyable experience for everyone.”

Sara Rita, Chief Commercial Officer of AstroPay, echoes that sentiment saying, “AstroPay is well known for providing payment services for companies looking to target the diverse Latin American market. Huobi Global users will be able to purchase and sell their crypto assets in local currencies, which ultimately lead to more trading, higher volume, and greater engagement within the sector.”

Founded in 2009, AstroPay is a pioneer in global payment solutions. It is the digital wallet of choice for millions of customers in Asia, Africa, Latin America and Europe who want to make online purchases on international sites. It also aims to help merchants access markets more easily and securely.

AstroPay has offices in the United Kingdom and Latin America, with millions of users, hundreds of merchants and more than 200 payment methods available globally. It has extensive experience in handling the specificities of different markets and offering an efficient solution to all its customers: merchants, end users, and business partners.

Founded in 2013, Huobi Global is one of the world’s leading cryptocurrency exchanges, with tens of millions of users across five continents and 160 different countries. It is dedicated to empowering financial freedom and creating new global wealth, having led the cryptocurrency industry in spot, derivatives and Bitcoin transactions for many years. Huobi Global’s infrastructure, operations and offerings are built on processes and standards that prioritize user safety and industry compliance, backed by strong global customer support underpinned by local expertise. This lets the company offer a unique trading environment that is truly customer-first, safe and sustainable for all users, enabling their long-term success.

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