Cryptobuyer and Liquid, part of Quoine Group Inc, have signed a strategic collaboration agreement that includes the integration of Liquid's “Quick Exchange” instant swaps system on the exchange's web platform and payment systems Latin American.
For its part, Liquid will integrate the Cryptobuyer token, XPT, in the aforementioned QEX, in addition to starting to trade on the exchange on Wednesday, April 29, at 7 am UTC.
Cryptobuyer and Liquid, a future alliance.
The global exchange, licensed in Japan and offices also in Singapore and Vietnam, will integrate the Cryptobuyer token, XPT, into its Quick Exchange instant exchange system. This will allow its users to easily and quickly convert XPT with more than 100 different cryptocurrencies, also, XPT will be listed on the Liquid.com exchange in two pairs, XPT / BTC and XPT / USDT, on Wednesday, April 29 at 7 am UTC.
For its part, Cryptobuyer.io has integrated the Quick Exchange system into its web platform and its Cryptobuyer Pay POS payment system. Now users of the Panamanian company will be able to access more than 100 cryptocurrencies instantly and easily, with their Cryptobuyer account.
Thanks to this integration, the payment processing system, Cryptobuyer Pay, accepted in +400 stores and businesses in Latin America such as Burger King Venezuela, Samsung Experience stores in Venezuela and Panama, and the largest warehouse chain in Venezuela, Traki; The QEX will be integrated, allowing the use of more than 100 different cryptocurrencies as a means of payment there, where Cryptobuyer Pay is present.
The international support for XPT consolidates an alternative market to Paypal that can be used very easily by both individuals and legal entities and that becomes a reliable, one hundred percent interchangeable alternative with real use possibilities, in the face of the crisis of cash and the effects on the different economies of the countries generated as a result of COVID-19.
Jorge Luis Farías, CEO of Cryptobuyer, expressed that this alliance with Liquid.com is a new stage in the consolidation of the Cryptobuyer ecosystem. He highlighted the advantages and usefulness that XPT provides just in these moments of economic complexity affected by the pandemic:
“In a situation where cash is practically gone and where they have an uncontrolled issuance of Fiat money worldwide, it is much more important to have some type of alternative value receipt and that is what XPT offers. Our cryptocurrency is a gateway for people who have never interacted with this world for being easier to understand. We have developed products that are more intuitive and easier to understand because they can be used from day 1. Our differentiating factor compared to other tokens is that we first create the ecosystem of points of sale, ATMs, and exchange platforms and then launch the token. We have a real functional utility from the day of its launch. XPT is not only a payment tool but also benefits its users with discounts and loyalty recognition; that is to say, not only do you have the exchange of value but additional rewards for the use ”- he assured.
XPT, a token with real use cases.
With XPT, Cryptobuyer offers a solution against COVID-19, with an internationally exchangeable currency and with its operating ecosystem in Panama, Argentina, Venezuela, and Spain. Farias highlighted that this financial alternative has the backing of international investment funds from the world's largest exchanges: “This will open the door for businesses, companies, and industrialists to use cryptocurrencies in a simpler way, which will facilitate their flow of international payments, the payment of the providers, both to natural and legal persons ”. XPT can be used to transfer professional fees and even to send remittances, just at a time when the fall of the producer sector is being alerted by the world economic situation. "Natural persons have the possibility of opening themselves to a completely alternative ecosystem to closed systems such as PayPal or bank transfers that give Venezuelans so many headaches today because our differentiator in that part is also to be resistant to censorship, blockades and being fully convertible ”- Farías highlighted when giving details.
An important agreement for the European market
Liquid, part of Quoine Group Inc, reached the unicorn valuation, over $ 1 billion, following its latest round of funding in spring 2019. This ranks it as one of only three crypto companies to have achieved this status, alongside Coinbase and Binance.
Thanks to this, for the first time Spanish and Europeans, in general, will have the possibility of acquiring the XPT token simply and quickly directly with Euros. Liquid.com accepts deposits and withdrawals by SEPA transfer with the very low commission since January 2020.
They can also make use of the quick exchange system both on the Cryptobuyer.io platform and on Liquid.com
The alliance between the two most important crypto companies in Japan and Latin America lay the necessary structural base for the future expansion of the Panamanian company in Spain and the rest of Europe. This guarantees the necessary financial coverage for the implementation of the POS Cryptobuyer Pay and its network of crypto ATMs in Europe, with high liquidity and options for payment, withdrawals, shipments, and instant collections among more than 100 cryptocurrencies.
Liquid and Cryptobuyer are companies with more than 5 years of experience in the industry, an impeccable reputation, and are recognized brands in their markets, leading their respective regions in their field. This alliance provides a connection bridge between Asia and Latin America, opening new markets and thus allowing the global expansion of both companies.
In this regard, Jorge Farías, CEO of Cryptobuyer.io, and Marisa Yoshikawa Mcknight, Global Business Development and Sales at Liquid.com, have commented:
Marisa Yoshikawa Mcknight: “Partnering with Cryptobuyer is important to us in increasing exposure outside Asia and developing our consumer/merchant ecosystem. Quick Exchange is helping businesses like Cryptobuyer boost their POS systems while minimizing volatility. More and more people can start using their cryptocurrency. "
Jorge Farias: "Liquid by Quoine is one of the largest crypto companies in the industry, with an excellent reputation, and one of the most secure exchanges in existence. It is the perfect piece for Cryptobuyer's global expansion. The Quick Exchange system allows us to multiply by 15 the number of tokens that are accepted on our platform and our POS, Cryptobuyer PAY, making us the leading company in Latin America in this regard. The integration of XPT in the QEX gives us the necessary liquidity for the real use of our token in all our services, leaving us free ground to grow and that our users begin to use XPT in their daily purchases, with important advantages. Without a doubt, this partnership is a new chapter in our history and a turning point towards the adoption of XPT and Cryptobuyer "
"Our vision is to make financial services accessible to everyone, which means attracting more people to the digital asset space so that anyone can be part of it," said Liquid.com CEO Mike Kayamori in September 2019.
With the support of Liquid.com, XPT is included in the global policy of democratization of financial services, inclusion, and its easy use as a way to support the reduction of world poverty.