BitMart, a premier global digital asset trading platform, recently announced their partnership with FESSChain. By integrating a decentralised payment settlement system in India, BitMart aims to expand their business in the fast-growing emerging markets.
FESSChain is the first decentralized platform addressing the shortcomings of the existing electronic settlement system. Powered by Neutrino Framework, the cutting edge technology, FESSChain’s architecture ensures the full utilisation of the optimum block space, eliminates the undesired data and thus improves TPS with every passing transaction, offering a faster transaction experience all across the globe. Moreover, FESS verifies every block with Bitcoin blockchain mined blocks, which makes it practically safe and unhackable.
Fesspay is a unique peer to peer exchange system launched by FessChain. Fesspay enables users with direct payment methods via their bank accounts. By offering a smoother, faster and secure way to transact fiat on 24*7 basis, Fesspay makes it possible for users to purchase crypto currency with only 1% transaction fee, removing the barriers for digital currency investment in India.
“We’re excited to integrate with BitMart,” said Durga Prasad Tripath, Founder, Global CEO & Head of Blockchain Development at FESSChain. “It has always been our mission to provide financial freedom worldwide and we see this as the next big step in the Indian market.”
“BitMart’s mission is to offer convenient financial service in the crypto market,” said Sheldon Xia, Founder & CEO of BitMart. “With this partnership, transactions can be initiated within a single click which will also expand our user base in India.”
BitMart Exchange is a premier global digital asset trading platform in the cryptocurrency market with over 900,000 users worldwide and ranks among the top 5 crypto exchanges on CoinMarketCap. BitMart currently offers 267 trading pairs with one of the relatively low trading fees in the market.
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