The challenge of converting fiat into crypto assets remains a key hurdle for many looking to enter the decentralized finance (DeFi) space. Injective has taken significant steps to address this issue by offering multiple fiat on-ramps, the latest being its integration with Mercuryo. This partnership aims to streamline the process of acquiring INJ tokens and bridge the gap between traditional finance and decentralized ecosystems.
Mercuryo’s Role
Mercuryo is now part of Injective's expanding list of fiat on-ramp options, providing a seamless method for users to purchase INJ tokens. It joins other solutions, further enhancing the Injective Bridge’s functionality. With its user-friendly interface, Mercuryo allows users to purchase INJ using widely accepted payment methods such as Visa, Mastercard, Apple Pay, Google Pay, and bank transfers.
Broadening Accessibility with 25+ Fiat Currencies
Mercuryo’s integration enhances accessibility for users worldwide. By supporting over 25 fiat currencies, including USD, EUR, JPY, GBP, CAD, and KRW, it broadens access to Injective’s decentralized applications (dApps).
Expanding Injective's Connectivity
The Injective Bridge already connects with over 20 different blockchain networks, including Ethereum, Solana, and Polygon, but the addition of Mercuryo strengthens its global reach.
Additionally, with Wormhole Connect integrated into the Bridge, users can move assets across multiple chains, making the Injective network a hub for decentralized and traditional financial interoperability.
Step-by-Step Onboarding for New Users
To assist new users, the Injective team has published a detailed blog post outlining how to onboard using Mercuryo. The guide walks users through the entire process, from selecting the desired fiat amount to completing identity verification and finalizing the transaction. This step-by-step approach is designed to make the user experience as smooth as possible, especially for those new to the ecosystem.
A Unified Approach to Financial Integration
The integration of Mercuryo into Injective’s suite of fiat on-ramps is part of a broader effort to make decentralized finance more accessible to global users. By offering a range of fiat on-ramp options, Injective allows users to seamlessly transition from traditional financial systems to the decentralized world, providing flexibility and security throughout the process.
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