The innovation will provide a bridge between the virtual assets sphere and the traditional finance world, establishing a kind of synergy between the two.

Wyre is a regulated Money Service Business (MSB) based in San Francisco. The platform is prominent as a leading infrastructure provider in crypto that bridges the gap between traditional payment processing and digital assets.

With Wyre, you can buy cryptocurrencies with local currencies using credit cards and Apple Pay. As a result of this integration, Spherium Finance will advance its goal of making the financial system accessible and open to all. Therefore, users can handle transactions with 60+ fiat currencies and a variety of payment options.

How to Buy Crypto on HyperBridge Platform With Wyre?

Buying cryptocurrencies with Wyre is not rocket science. In order to access Wyre, you need to head over to the HyperBridge platform: https://app.spherium.finance/#/transfer

Notably, Intending users are expected to have created a crypto wallet and connect it with the protocol. Click the “Buy Now” option on the left and choose Wyre.

In order to purchase a cryptocurrency, you need to enter the amount you wish to spend.

There are also two drop-down menus for users to select the type of fiat and crypto they prefer. Further, users must copy and paste their wallet address into the “Enter Wallet Address” field where the cryptocurrency will be sent.

Users can use their debit/credit cards or Apple Pay (only available on iOS devices and Safari browser) to pay on Wyre. After the selection, users agree to the terms and conditions of Wyre and consequently enter their payment information before using the “Submit” function.

Spherium Finance simplifies access to financial innovation for the unbanked population with integrations like this. By offering a unique solution, Spherium Finance strives to make DeFi adoption even easier for our users and plans to accelerate it in the near future.

About Wyre

Wyre is a cryptocurrency exchange and technology platform that focuses on developing fiat-to-crypto on and off-ramps that are compliant. It provides crypto application payments, global payout infrastructure, crypto and NFT wallet custody, crypto swaps, blockchain connectivity, know-your-customer (KYC), user onboarding, and also other services.

Website | Twitter

About Spherium Finance

Spherium Finance is empowering the cross-chain community by developing a suite of DeFi applications that will be fully cross-chain compatible, including a Bridge, Money Markets, Staking services, and also inter-blockchain liquidity transfer.

Website | Twitter

SOURCE: MEDIUM

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Wyre’s simple and easy-to-use tools make it easy to integrate BNB Chain into existing systems, allowing you to focus on what really matters: building and growing your project. Whether you’re just starting out or are an experienced Web3 developer, Wyre’s API suite can help take your dApp to the next level.

BNB Chain Integrates Wyre

Wyre offers powerful APIs that support a range of financial, cryptocurrency, and identity services. It can move money around, broker exchanges, validate KYC/AML information. And transfer to/from traditional banking systems all while remaining compliant. Here is a quick overview of Wyre’s distinct API functionality:

• Wyre Checkout Widget: A turnkey fiat to crypto onramp that allows businesses to start selling crypto with only a few lines of code
• Card Processing: An API that helps businesses accept debit/credit cards for the sale of crypto to the end user
• Global white-label On/Off Ramps: APIs which help businesses accept global payments into a Web2/3 application and payout to businesses and individuals all over the world (in fiat/crypto).
• Wallets: An API that offers a custodial solution to let businesses and end users hold crypto and fiat assets
• Transfers and Swaps: An API that enables the ability to move and convert value/assets across Web2 and Web3
• Wyre+ Rewards: A supercharged wallet program that lets your earn rewards with your assets
• Users KYC Engine: An API that offers a compliance as a service and user management system. This is the gateway that unlocks all of Wyre’s powerful offerings

Developers are building a Web3 future on BNB Chain. BNB Chain Integrates Wyre, so building your dApp and creating a simple, seamless experience for your users just got a whole lot easier.

About BNB Chain

BNB Chain (formerly Binance Smart Chain) has quickly grown into one of the most widely used smart contract platforms. The most notably in the decentralized finance (DeFi) marketplace. BNBChain is a technology platform designed to educate people worldwide about BNB technology and its potential impact on their daily lives.

Website | Twitter

About Wyre

Wyre provides a wide variety of world class payment APIs to power any fintech based application. It offers a powerful JSON REST API that supports a range of financial, cryptocurrency, and identity services. It can also move money around, broker exchanges, validate KYC/AML information transfer to/from traditional banking systems all while remaining compliant.

Website | Twitter

RESOURCES

https://www.bnbchain.org/en/blog/bnb-chain-integrates-with-wyres-api-stack/

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Through this integration, the SKALE ecosystem and its builders can leverage a full stack integration allowing them to begin and also to access payment channels through Wyre! With more than 60,000 active users across the world and millions of transactions each month. SKALE and Wyre are combining forces to bring Wyre’s world class custodial wallet solution and fiat ramps that will enable Web2 users. To easily interact with SKALE’s high speed, zero-fee Web3 infrastructure. Moreover, their current integration supports their Swaps API, Transfers API, Checkout Widget, Users API, and Wallet API. Within these APIs they have also listed SKALE USDC to provide a native currency to facilitate usage through Wyre’s products in the SKALE ecosystem.

“We are excited to launch our integration with SKALE Labs and provide our Crypto Infrastructure to one of the most exciting chains in the ecosystem that bolsters zero gas fees, linear scalability, and that is fully open sourced!” said Jamal Raees, Director of Crypto Strategy at Wyre.

As the SKALE Labs Ecosystem is expanding quickly around the world. Efficient and effective purchasing services are increasingly needed for SKALE Labs builders. Through their partnership they will provide just this, also allowing end-users for SKALE Labs based products and businesses. To have the best user experience throughout all crypto-fiat payment solutions!

“SKALE’s integration with Wyre is a critical step towards blockchain mass adoption as Web2 users without technical expertise can now easily and safely convert fiat to crypto in the SKALE Network, custody those assets, and interact seamlessly with Web3 applications.” said Jack O’Holleran, CEO and Cofounder of SKALE.

Their industry-leading payment infrastructure has continued to support Networks very similar to SKALE Labs. Solutions that remove common roadblocks and frictional points in Web 3 building.

About Skale

SKALE is an open-source Web3 blockchain network. In addition, the SKALE Network is governed by the SKALE DAO and managed in a fully open and decentralized manner.

Website | Twitter

About Wyre

Wyre provides a wide variety of world class payment APIs to power any fintech based application. It offers a powerful JSON REST API that supports a range of financial, cryptocurrency, and identity services. It can also move money around, broker exchanges, validate KYC/AML information transfer to/from traditional banking systems all while remaining compliant.

Website | Twitter

SOURCE: WYRE BLOG

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As of today, the GameStop’s NFT marketplace will utilize transactions through ETH and will have the security and comfortability of Ethereum. By also leveraging Loopring, a Layer-2 protocol that’s optimized to help lower blockchain transaction fees for users. Individuals will be able to convert fiat to ETH with Wyre’s technology with a couple of clicks and also minimal friction.

“GameStop’s NFT marketplace is a pioneer in many ways,” says Ioannis Giannaros, co-founder and CEO of Wyre. “By utilizing Wyre’s cryptocurrency transaction infrastructure, and building on the secure and accessible Loopring blockchain, we’re able to create a fully customized solution that fosters a non-exclusionary environment for content creators to join the NFT marketplace and buy, sell and create.”

The GameStop NFT marketplace is another step forward in Wyre’s mission to bring crypto to the masses. In addition, Wyre’s custom solution allows for users to onboard to the Loopring blockchain in a scalable and efficient way, breaking down barriers for the users. And also providing an NFT experience that is sure to set a new standard. By utilizing different aspects of Wyre’s ecosystem, they have been able to work hand in hand with the GameStop team. To drive accessibility and inclusivity as more individuals can enter the world of Web3.

About Wyre

Wyre provides a wide variety of world class payment APIs to power any fintech based application. It offers a powerful JSON REST API that supports a range of financial, cryptocurrency, and identity services. It can move money around, broker exchanges, validate KYC/AML information, and transfer to/from traditional banking systems all while remaining compliant.

Website | Twitter

SOURCE: WYRE BLOG

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They’ve made things simple.

Highlights:

• IDEX has integrated Wyre’s Fiat On-Ramp
• Buy crypto on IDEX directly with your credit card or bank account
• Enjoy reduced on-ramp fees until July 10th

ONBOARDING WITH IDEX

IDEX has integrated with Wyre to provide users with a seamless fiat on-ramp directly into their crypto wallets. Purchasing crypto on CEXes and bridging funds through Ethereum can be a complicated and expensive process. A fiat on-ramp allows for a more inclusive experience to less technical users who don’t already have crypto assets deployed in various ecosystems. Traders from all over the world can deploy capital directly from their credit card or bank account, with reduced fees until July 10th.

HOW IT WORKS

1. Launch the IDEX Exchange
2. Connect your wallet
3. Click on ‘Buy Crypto’ in the main navigation of the exchange and select Wyre in the dropdown menu
4. You will be redirected to Wyre to complete your transaction with reduced fees
5. Once you have completed your transaction, your wallet will be credited with USDC on the Polygon Network as well as some MATIC from the IDEX faucet
6. You can now deposit your USDC onto IDEX by navigating to the Balances page.
7. Once your USDC deposit has completed you are ready to trade on IDEX!

About Wyre

Wyre provides a wide variety of world class payment APIs to power any fintech based application. It offers a powerful JSON REST API that supports a range of financial, cryptocurrency, and identity services. It can move money around, broker exchanges, validate KYC/AML information, and transfer to/from traditional banking systems all while remaining compliant.

Website | Twitter

About IDEX

IDEX is the first Hybrid Liquidity DEX, combining a high-performance order book and matching engine with Automated Market Making (AMM). The platform blends the best of centralized and decentralized exchanges, with the performance and features of a traditional order book and the security and liquidity of an AMM. IDEX allows traders to get the best spreads, avoid failed transactions, and easily provide liquidity, all with the power of real limit and stop-loss orders.

Website | Twitter

SOURCE: MEDIUM

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