Stage 3: "PayPal" for CEX
- 25% Done, 90% Completion Target by End of 2025 -
Last updated
- 25% Done, 90% Completion Target by End of 2025 -
Last updated
Fiat24’s primary target customers are crypto-native individuals residing in 65 countries worldwide. However, Fiat24 can also selectively open corporate accounts. For example, we are currently setting up business accounts for Binance’s Lithuanian entity, Bifinity UAB, and KuCoin’s Lithuanian entity, EURlita UAB. Additionally, we are in discussions with Bybit to open an account for its Lithuanian entity, Onlychain Fintech UAB.
Once Fiat24 opens accounts for the aforementioned exchanges, their clients will be able to transfer fiat currencies (EURO, CHF, etc.) instantly, with zero fees, and 24/7 service Just like how customers use PayPal to easily pay merchants on Amazon, there’s no need anymore to rely on traditional bank transfers for fiat deposits and withdrawals on exchanges.
Currently, the only similar product on the market is ZEN.com. We anticipate that by Christmas 2025, Fiat24 will replace ZEN.com as the largest fiat on/off-ramp partner for crypto exchanges.