"Onboarding the two largest fiat credit cards to our platform helps foster greater accessibility and convenience for both experienced and novice investors,” states VNX CEO and Co-Founder, Alexander Tkachenko.
Tokenized precious metals investment platform VNX has integrated Mastercard and Visa as its premier fiat payment methods.
Launched in 2022, Liechtenstein-based VNX is an FMA registered platform which facilitates the purchase, sale, and storage of precious metals.
New payment options will help investors diversify their digital asset portfolios, making the process easier and more accessible, all in a regulated environment.
While fiat bank transfers have always been available on VNX, credit payments are instantaneous and less invasive than the complicated and highly detailed information required for bank transfers.
Alexander Tkachenko, CEO and Co-Founder of VNX, said:
“As more people explore tokenized precious metals, onboarding the two largest fiat credit cards to our platform helps foster greater accessibility and convenience for both experienced and novice investors.”
The VNX platform accepts fiat and crypto payments, enabling its users to easily and efficiently manage transactions of physical commodities with its digital tokens at low fees and with guaranteed security of assets.
VNX Gold tokens represent ownership of physical gold in the specific numbered bullion, which is stored in a high-security vault in Europe. Each VNX Gold token represents one gram of pure LBMA certified physical gold.
Only 1 of 9 major American banks confirmed its allowance of crypto purchasing. Casual investors still see cryptocurrency and DeFi as inaccessible and solely tailored to professionals. That gap between potential investors and digital assets makes pushing forward other blockchain use cases more challenging.
Helping novice investors and crypto veterans alike diversify their digital asset portfolios in the midst of a bear market requires making the process as easy as possible.
The addition of the two largest credit payment methods unlocks the gates for accredited investors to utilize VNX’s tokenized gold platform without the requirement of using crypto payments or cumbersome wire transfers.
By adding Visa and Mastercard to its native platform, VNX expands its fiat payment capabilities beyond bank transfers and deposits in Bitcoin (BTC) and Ethereum (ETH). Through enabling credit card payment options directly on the platform, VNX grants investors peace of mind and ease of access to purchase VNX Gold and future tokenized precious metals.