Cabital Adds Vietnamese Dong as Fiat on-ramp Payment Option

  • Payments
  • 25.05.2022 10:30 am

Cabital, a leading digital assets institution, announced that it has added the Vietnamese Dong (VND) to its growing list of supported fiat currencies, including GBP, EUR and CHF. 

Cabital users in Vietnam can now deposit VND instantly through their ATM Cards, and easily convert VND into USDT, BTC or ETH at some of the lowest prices in the industry. They’ll also be able to easily convert their crypto into VND and withdraw it into their bank account. 

Cabital’s secure fiat on-and-off ramp business solution, Cabital Connect, allows its partners' users to use VND to buy and sell crypto at favourable rates in a frictionless way. Cabital empowers its partners’ businesses by connecting fiat and crypto, improving conversion rates and driving expansion in emerging markets such as Vietnam. 

Raymond Hsu, Co-Founder & CEO of Cabital said: 

“Cabital is committed to providing investors with a seamless on-and-off ramp solution to enable easy conversion of fiat money to cryptocurrency and vice versa. We look forward to adding Vietnam to our list of fiat on-ramp payment options to offer Vietnamese investors a seamless experience on Cabital and our Cabital Connect platform partners.

Cryptocurrency adoption in Vietnam is high, and we see a great strategic opportunity in the space. We’re excited to introduce our services to the Vietnamese community and support the growth of the local blockchain ecosystem.”

 

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