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MoonPay and decentralized exchange Matcha join forces

MoonPay and decentralized exchange Matcha have joined forces! Here's what it means.

6/2/2021by Valma Tikkakoski

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We're beyond thrilled to announce that MoonPay and decentralized exchange aggregator Matcha have joined forces, making Matcha the first DeFi platform to natively accept fiat currency.

Matcha exchange homepage.
(Image source)

Matcha, a leading decentralized exchange, continues to innovate quickly, becoming the first DEX to allow for its users to buy into crypto with fiat through the exchange. Given Matcha's incredible team and history of shipping new features, we felt it was the perfect fit to help us reach our mission of bringing cryptocurrencies to 1 billion people.

One of the most challenging aspects of decentralized finance has always been getting started, and we believe this partnership with MoonPay helps make it easier for people to get involved with crypto. The first $200K in fiat funds on-ramped through MoonPay and Matcha will be completely free to celebrate this announcement.

Matcha enables users to trade over 1000 crypto tokens on the Ethereum, Binance Smart Chain and Polygon blockchains without any hidden trading fees or commissions. By pooling liquidity from multiple exchanges such as Sushiswap, Uniswap and Pancakeswap, traders can get the best price for their crypto.