Virtuse made a significant step forward in allowing first-time crypto users the ability to invest on its platform.
The newly opened fiat gateway is one of the fastest and simplest USD on/off ramps in the market. After Binance, Virtuse is one of the early adopters to integrate this solution.
The fiat gateway was launched by Paxos Trust Company, a New York-regulated financial institution. It allows clients to deposit and withdraw USD within the Virtuse ecosystem.
“Our mission is to become a bridge between digital and traditional assets, and Paxos infrastructure is essential,” explained Virtuse CEO and founder Ras Vasilisin.
One of the best strategies is to have some cash on hand during the recession. Also, buying gold during economic slowdowns is a time-proven strategy to protect wealth.
Virtuse allows the purchase of both assets in the form of a cryptocurrency. PAX Standard (PAX) and PAX Gold (PAXG) are some of the assets supported.
Investors can now take part in a global financial system without a need to own a bank account.