Alexey Koloskov | December 20 2021
Alexey Koloskov | December 20 2021
All major fiat payment methods now accepted on Orion Terminal
Orion Protocol, the decentralized gateway to the crypto market, becomes the first decentralized aggregator to enable fiat-to-crypto purchases via MoonPay. The integration aims to bring new users and capital into DeFi, eliminating the need for on/off ramping via centralized exchanges. Orion Protocol is launching a zero fee campaign (for the first $500,000 transacted via MoonPay on Orion Terminal). Trade now | Learn more
Orion Protocol is building the single point of access to the crypto market - powered by Orion’s Universal Liquidity Aggregator. Orion Protocol is the first, and only platform to provide decentralized access to CEXs, DEXs, and swap pools in one place, directly from your wallet.
As the only aggregator in market to enable decentralized access to centralized exchange liquidity, Orion Protocol was built to enable users to benefit from the liquidity and assets of centralized exchanges, without the need to compromise assets. With an increasing number of top CEXs implementing regional restrictions and limitations, there is a growing number of DEX users needing on/off ramp capabilities without using CEXs.
By integrating MoonPay, the leading fiat-to-crypto gateway, Orion Terminal becomes one of the first decentralized aggregators to offer fiat-to-crypto onboarding for its users without having to leave the terminal, enabling users to seamlessly buy and sell crypto on Orion Terminal with cash. MoonPay’s on-and-off-ramp suite of products provide an ultra smooth experience for converting between fiat currencies and cryptocurrencies using all major payment methods including debit and credit card, local bank transfers, Apple Pay, Google Pay, and Samsung Pay. Customers can pay with instant bank transfers using Open Banking in the UK and EU. Learn about which countries are supported here.
Via this integration, Orion Protocol will unlock a wealth of new capital into DeFi, enabling support for all major payment methods on Orion Terminal. In doing so, Orion Protocol becomes a true marketwide gateway to DeFi.
To celebrate the launch, Orion Protocol is funding a zero fee campaign (for the first $500,000 transacted via MoonPay on Orion Terminal). The first $500,000 on/off ramped on Orion Terminal will be completely free for users.
Following the campaign, MoonPay has given Orion Terminal users a discounted fee rate of 3.4% for Visa, Mastercard, Apple Pay, Google Pay, Samsung Pay, and 0.75% for bank transfers. Orion is aware of the relatively higher fees required for MoonPay to provide quality sustainable service and protection against credit card fraud, and as such has decided not to charge any fees on top to keep fees lower for users. Orion is actively working with MoonPay on reducing these fees as volume grows.
MoonPay is a financial technology company that builds payments infrastructure for crypto. Their on-and-off-ramp suite of products provides an ultra smooth experience for converting between fiat currencies and cryptocurrencies using all major payment methods including debit and credit card, local bank transfers, Apple Pay, Google Pay, and Samsung Pay. MoonPay is active in more than 170 countries and is trusted by 300+ leading wallets, websites, and applications to accept payments and defeat fraud.
Orion Protocol is building the first decentralized gateway to the digital asset market, integrating CEXs, DEXs, and swap pools into one platform. Orion Terminal is the only platform to offer decentralized access to centralized liquidity sources like Binance, KuCoin, and AscendEX, alongside decentralized liquidity sources. Users will be able to seamlessly trade across multiple exchanges directly from their wallet (without accounts and regardless of jurisdiction), and the order will always be routed to the liquidity source with the best price.