Huobi Global signs agreement with AstroPay to expand fiat-to-crypto payments to Latin America

AstroPay, the electronic payment solution of choice for millions of users worldwide, has partnered with Huobi Global, one of the world’s leading cryptocurrency exchanges and digital asset trading platforms, to provide fiat-to-crypto payment services for Huobi users in Latin America.

Through the partnership, AstroPay will enable Huobi Global users to securely purchase their crypto assets with fiat money and take advantage of the local and international payment options available on AstroPay’s network.

Already one of the largest payment providers in Latin America since its inception in Brazil in 2009, AstroPay is now available worldwide with millions of registered users and is developing a rapidly growing user base in Asia, Africa and Europe. AstroPay is a simple payment solution for consumers who may not have access to traditional banking services and want to buy online from international sites. Users can easily pay in their local currency with over 200 payment methods available.

By partnering with AstroPay, Huobi Global will open the fiat-to-crypto payment option in Latin America through the AstroPay digital wallet. Users in these countries will then be able to buy and shop through a range of payment methods, including credit and debit cards, bank transfers and local alternative options, such as Pix in Brazil and SPEI in Mexico.

Lily Zhang, CFO of Huobi Group, shared: “Latin America claims a young and vibrant population full of enthusiasm for the crypto industry, and we have observed a significant increase in the number of new Huobi Global users from this region. Our collaboration with AstroPay underlines our goal to make buying and trading digital assets a safe, convenient and enjoyable experience for everyone.”

Echoing this sentiment, AstroPay Chief Commercial Officer Sara Rita says, “AstroPay is known for providing payment services for companies looking to target the diverse Latin American market. Huobi Global users will be able to buy and sell crypto assets in local currency, which which ultimately leads to more trade, higher volume and greater engagement in the sector.”

About AstroPay

AstroPay was founded in 2009 and is a pioneer in global payment solutions. It is the digital wallet of choice for millions of customers in Asia, Africa, Latin America and Europe who want to buy online on international websites. It also aims to help sellers access markets more easily and securely.

AstroPay has offices in the UK and Latin America, with millions of users, hundreds of merchants and more than 200 payment methods available globally. It has extensive experience in handling the specific details of different markets and offering an efficient solution to all its customers: sellers, end users and business partners.

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About Huobi Global

Founded in 2013, Huobi Global is one of the world’s leading cryptocurrency exchanges, with tens of millions of users across five continents and 160 different countries. It is dedicated to empowering financial freedom and creating new global wealth, having led the cryptocurrency industry in spot, derivative and Bitcoin transactions for many years. Huobi Global’s infrastructure, operations and offerings are built on processes and standards that prioritize user security and industry compliance, supported by strong global customer support underpinned by local expertise. This allows the company to offer a unique trading environment that is truly customer-first, safe and sustainable for all users, enabling their long-term success.

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