We are pleased to announce the listing of Huobi Token (HT) as a new payment method on our crypto banking platform, Tap.
The leading cryptocurrency exchange Huobi will be collaborating with Tap Global, the multi-currency digital wallet, and it’s payment card that is accepted everywhere you can use a credit card or debit card. Millions of merchants in more than 210 countries and territories accept Tap’s Prepaid Card which is available to users within the UK and EEA.
The move serves to enable users to convert Huobi tokens to fiat to fund the Tap Payment Card and then purchase goods from commercial businesses that do not normally accept payment in digital assets. Furthermore, it will be the first time the Huobi token will have a fiat onramp and offramp, allowing users to purchase Huobi tokens with credit or debit cards as well as withdraw to fiat currency.
Tap Global, is authorised and regulated by the Gibraltar Financial Services Commission under the Distributed Ledger Technology License (DLT).
“Stored assets are protected by the highest possible security on top of being up to €100 million USD insured.
Tap’s mission is to make crypto as easy to use as fiat currencies, empowering users to get the most out of their money.” said Tap’s CEO Arsen Torosian. “Partnering with Huobi, the leading cryptocurrency exchange with a large user base, alongside our team revolutionising the crypto banking space, will empower Tap Global to expand to a global audience.”
CEO Arsen Torosian
Tap Global’s app is unquestionably a good match with its combination of digital wallets available worldwide, and Tap Prepaid Card is available for the UK & European markets, which lets users buy, sell and convert cryptocurrencies across multiple exchanges in real-time.
Users of Tap Global are already able to convert cryptocurrency to fiat in the app, and fund the card, to pay in any store or for services anywhere in the world. Crypto assets are secured in cold storage and insured by Lloyd’s of London.
Tap Global Ltd.
Tap Global Ltd (tap) is a Gibraltar company providing clients with real-time trading of crypto assets utilising multiple exchanges from one APP. The multi-crypto and Fiat wallet structure of tap coupled with bespoke designed proprietary middleware solution allows TAP to facilitate trades efficiently and seamlessly. tap officially launched to the public in February 2020.
The Tap Prepaid Mastercard is issued by Transact Payments Limited pursuant to a licence by Mastercard International. Transact Payments Limited is authorised and regulated by the Gibraltar Financial Services Commission. Mastercard is a registered trademark and the circle’s design is a trademark of Mastercard International Incorporated.
Tap Global Limited (Tap) is licensed and regulated by the Gibraltar Financial Services Commission under the Distributed Ledger Technology (DLT) with license №25532.
About Huobi Global
Huobi is the world’s leading blockchain and cryptocurrency infrastructure provider with a financial product suite that includes a highly secure digital asset exchange that scores favourably for liquidity and real-trading volume.
Trusted by users in over 170 countries, the Huobi platform provides customers with safe, professional services based on the core principle of putting the customer first. It features an unmatched portfolio of crypto products and offerings including trading, cryptocurrency finance infrastructure solutions, education, data and research, social welfare, and investment and incubation.
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