Matcha x MoonPay: your onramp to DeFi

Posted June 7, 2021 by Danny Organ

Converting fiat currency (USD, EUR, etc.) into crypto to access DEX markets has always been a long and involved process that requires traders to jump through hoops. We think DEX traders deserve better. That’s why we were excited to announce last week that Matcha has integrated MoonPay to become the first DEX aggregator with built-in fiat onramps!

Now traders can use a credit or debit card directly on Matcha to purchase crypto! We’re also proud to support our growing global user base by accepting over 160 different national currencies through our MoonPay integration. To celebrate, the first $200K in fiat on-ramped through MoonPay on Matcha will pay zero fees!

No longer is there a need to wait multiple days, or go through a Centralized Exchange (CEX) to ape-in and start trading the most exciting tokens in crypto. By integrating MoonPay into Matcha’s new user onboarding flow, we’ve removed one of the most frustrating parts of DeFi: getting started.

How to convert your fiat to crypto

  1. Navigate to https://matcha.xyz/onramp
  2. Enter or create your MoonPay account info
  3. Provide required documentation (if required by law in your geography)
  4. Purchase some ETH with your credit or debit card info
  5. Start trading on Matcha!

Revamped onboarding experience

But wait, there’s more! In addition to integrating with MoonPay, we’ve also redesigned the new user onboarding flow to give users the option to create a crypto wallet directly on Matcha. This means that even if you don’t know the first thing about DeFi, you can come to Matcha to create a wallet, fund your wallet, and begin trading in one simple action. We provide users with helpful explanations along the way to make sure they know what’s happening, and our support team is here to help if you have any questions.

As always, Matcha is designed to offer the most user-friendly experience for discovering and accessing tokens in the crypto world. Matcha allows you to trade without a middleman, and finds you the best prices across all the major exchanges including Uniswap (V2 and V3), SushiSwap, Kyber, Curve, and more. Why trade on one exchange when you can trade on them all? Start trading on Matcha today!

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