CandleFocus Algoz taps Wincent to streamline its fiat-to-crypto onboarding process
2024-10-30
Author: Content Editor
Digital asset investment firm Algoz has announced a strategic collaboration with regulated market maker and top over-the-counter desk Wincent. Through this partnership, Algoz will be able to facilitate the onboarding of new investors without the need for them to convert fiat currencies to crypto beforehand. Algoz users can now invest using Tether (USDT), Bitcoin (BTC), Ethereum (ETH), and other cryptocurrencies using U.S. dollars, euros, or other fiat currencies. This collaboration reduces risks associated with exposure to unregulated providers and supports asset conversion based on approved know-your-customer and anti-money laundering checks. The partnership utilizes Wincent's platform, which records between $3 and $5 billion in daily volume and over 300,000 daily transactions.
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