1INCH INTEGRATES WITH MERCURYO, ENABLING FIAT ONRAMP TO DEFI

Last updated: June 20, 2025, 00:46 | Written by: Joseph Lubin

1Inch Integrates With Mercuryo, Enabling Fiat Onramp To Defi
1Inch Integrates With Mercuryo, Enabling Fiat Onramp To Defi

Imagine stepping into the exciting world of Decentralized Finance (DeFi) without the usual hurdles of navigating complex crypto exchanges and confusing processes. The integration between 1inch and Mercuryo offers everyone a user-friendly way to enter the space, buy crypto with fiat and begin trading or securely hold their assets. Petr Kozyakov, Mercuryo s CEO and co-founder, said his company has seen great demand for fiat onramp solutions to DeFi:Well, that's precisely what's happening now!Decentralized exchange aggregator, 1inch Network, has partnered with Mercuryo, a global cross-border payment network, to revolutionize how users access the DeFi space.This strategic integration empowers 1inch Wallet users with a simplified and seamless fiat-onramp gateway, effectively bridging the gap between traditional finance and the rapidly evolving world of decentralized finance.No more complicated conversions or lengthy transfer times – just easy access to the DeFi assets you want.

This collaboration isn't just about convenience; it's about accessibility. El agregador de exchanges descentralizados 1inch Network se ha asociado con Mercuryo, una red de pagos transfronterizos, para ofrecer a sus usuarios una puerta de entrada m s fluida a DeFi -By eliminating the complexity often associated with entering the crypto space, 1inch and Mercuryo are paving the way for wider adoption of DeFi solutions.This opens doors for new users who were previously intimidated by the technical barriers. يمكن لمستخدمي محفظة 1 بوصة الآن شراء أصول DeFi من خلال بوابة Mercuryo fiat onrampThe ability to purchase crypto directly with fiat currencies within the 1inch Wallet makes DeFi more approachable and user-friendly than ever before.Get ready to experience DeFi like never before, where accessing innovative financial tools is as simple as a few clicks.

What Does This Integration Mean for DeFi Adoption?

The integration of a fiat onramp solution like Mercuryo into the 1inch ecosystem has profound implications for the broader adoption of DeFi. Thanks to the integration with Mercuryo, 1inch Wallet users will be able to buy DeFi assets using a fiat-on-ramp gateway. As DeFi solutions are finding wider adoption, it s essential to lower theHere's a breakdown of why this is such a significant development:

  • Lowering the Barrier to Entry: One of the most significant obstacles to widespread DeFi adoption has been the complexity of acquiring initial crypto assets. 1inch Wallet users can now purchase DeFi assets through Mercuryo s fiat onramp gateway. Навигация по записям Andreessen Horowitz leads $40M investment round into crypto-trading platformMany potential users are unfamiliar with cryptocurrency exchanges or find the process of converting fiat currency to crypto daunting. 1inch integrates with Mercuryo, enabling fiat onramp to DeFi cointelegraph.com, UTC Decentralized exchange aggregator 1inch Network has partnered with Mercuryo, a cross-border payment network, to provide its users with a more seamless gateway to DeFi potentially opening up the market to greater adoption.The 1inch-Mercuryo partnership removes this barrier, allowing users to directly purchase DeFi assets using their existing fiat currency.
  • Simplified User Experience: The integration streamlines the user experience, making it easier for newcomers to participate in the DeFi ecosystem.Instead of navigating multiple platforms and complex trading interfaces, users can now manage their fiat-to-crypto conversions within the familiar 1inch Wallet environment.
  • Increased Liquidity and Trading Volume: As more users gain access to DeFi assets, the overall liquidity within the ecosystem increases.This can lead to tighter spreads, more efficient trading, and ultimately, a more vibrant and robust DeFi market.
  • Broader Market Reach: By simplifying the onboarding process, 1inch and Mercuryo are effectively expanding the potential user base of DeFi.This can attract individuals who were previously hesitant to enter the space due to its perceived complexity or inaccessibility.

The 1inch and Mercuryo integration isn't just a minor update; it's a strategic move towards making DeFi more inclusive and accessible to a wider audience. A integra o entre a 1inch e Mercuryo oferece a todos uma maneira amig vel de entrar no espa o, comprar criptomoeda com fiat e come ar a negociar ou manter seus ativos com seguran a. Petr Kozyakov, CEO e cofundador da Mercuryo, disse que sua empresa viu uma grande demanda por solu es de onramp fiat para DeFi:It’s a key step in solidifying DeFi’s place in the future of finance.

Mercuryo: Your Gateway to Seamless Fiat-to-Crypto Conversions

Mercuryo is a British B2B payment service provider specializing in providing a streamlined fiat-to-crypto infrastructure.They offer a robust toolbox that empowers businesses with cryptocurrency-enabled payment solutions. Mercuryo.io s un prove dor de serveis de pagament B2B brit nic especialitzat en infraestructures de fiat a criptografia. L'empresa desenvolupa una caixa d'eines alimentada per criptomoneda per a transaccions de pagament de criptomoneda. Actualment, els serveis operatius inclouen un giny de rampa on-off per comprar i vendre criptomonedes aWith their focus on simplicity and security, Mercuryo is an ideal partner for 1inch in their mission to democratize access to DeFi.

Key Features of Mercuryo's Fiat Onramp

  • Global Reach: Mercuryo supports a wide range of fiat currencies, allowing users from around the world to easily convert their local currency to crypto.
  • Secure Transactions: Security is paramount in the crypto space, and Mercuryo prioritizes protecting user funds and data through advanced security measures.
  • User-Friendly Interface: Mercuryo's fiat onramp is designed to be intuitive and easy to use, even for those who are new to cryptocurrency.
  • Competitive Fees: Mercuryo offers competitive fees for fiat-to-crypto conversions, making it a cost-effective solution for accessing DeFi assets.
  • Regulatory Compliance: Mercuryo operates in compliance with relevant regulations, ensuring a safe and transparent environment for users.

By leveraging Mercuryo's expertise in fiat-to-crypto conversions, 1inch is providing its users with a reliable and secure way to enter the DeFi space.This partnership combines the best of both worlds: 1inch's sophisticated DeFi aggregation technology and Mercuryo's seamless payment infrastructure.

1inch Wallet: Your Mobile DeFi Hub

The 1inch Wallet is a mobile application that serves as a comprehensive hub for managing your DeFi assets. 1inch wallet enables fiat features for millions of users by using Mercuryo fiat gateway solution.It allows users to securely store, send, and receive cryptocurrencies, as well as access a wide range of DeFi protocols and services. 1inch Wallet users can now purchase DeFi assets through Mercuryo s fiat onramp gateway. Post navigation Andreessen Horowitz leads $40M investment round into crypto-trading platformNow, with the Mercuryo integration, the 1inch Wallet has become even more powerful, offering a complete solution for managing your DeFi journey from start to finish.

How to Buy DeFi Assets with Fiat in the 1inch Wallet

  1. Download and Install the 1inch Wallet: If you haven't already, download the 1inch Wallet app from the App Store (iOS) or Google Play Store (Android).
  2. Create or Import a Wallet: Follow the instructions in the app to create a new wallet or import an existing one.
  3. Navigate to the ""Buy"" Section: Look for the ""Buy"" button or similar option within the app.
  4. Select the Crypto Asset: Choose the DeFi asset you want to purchase (e.g., ETH, DAI, USDT).
  5. Enter the Fiat Amount: Enter the amount of fiat currency you want to spend.
  6. Choose Mercuryo as the Payment Provider: Select Mercuryo as your preferred payment provider.
  7. Complete the KYC Process (If Required): Depending on the amount you're purchasing, you may need to complete a Know Your Customer (KYC) verification process with Mercuryo. 1inch Wallet users can now purchase DeFi assets through Mercuryo s fiat onramp gateway. Decentralized exchange aggregator 1inch Network has partnered with Mercuryo, a cross-border payment network, to provide its users with a more seamless gateway to DeFi potentially opening up the market to greater adoption.This typically involves providing personal information and uploading identification documents.
  8. Make the Payment: Follow the on-screen instructions to complete the payment using your credit card or other supported payment method.
  9. Receive Your Crypto: Once the transaction is processed, your purchased DeFi assets will be deposited directly into your 1inch Wallet.

The process is designed to be as straightforward as possible, even for those with limited experience in the crypto space. DeFi remains one of the hottest segments of the cryptocurrency market. Now, 1inch users will have direct fiat gateways to decentralized finance assets. BTC $59,587The integration with Mercuryo eliminates the need to use external exchanges or transfer funds between different platforms, saving you time and reducing the risk of errors.

The Impact on the DeFi Ecosystem

The integration between 1inch and Mercuryo is more than just a convenient feature; it represents a significant step forward in the evolution of the DeFi ecosystem. 1inch Wallet users can now purchase DeFi assets through Mercuryo s fiat onramp gateway. 1inch integrates with Mercuryo, enabling fiat onramp to DeFi.By making it easier for users to access DeFi assets, this partnership can contribute to:

  • Increased DeFi Adoption: The simplified fiat onramp will attract new users to the DeFi space, leading to increased participation and adoption.
  • Growth of DeFi Protocols: As more users enter the DeFi ecosystem, they will interact with various DeFi protocols, such as lending platforms, decentralized exchanges, and yield aggregators. Thanks to the integration with Mercuryo, 1inch Wallet users will be able to buy DeFi assets using a fiat-on-ramp gateway. As DeFi solutions are finding wider adoption, it s essential to lower the entry barrier to crypto space, enabling enthusiasts to buy crypto for fiat in a simple and fast way.This increased activity will drive growth and innovation within the DeFi space.
  • Greater Financial Inclusion: DeFi has the potential to provide financial services to individuals who are underserved by traditional financial institutions.By lowering the barrier to entry, the 1inch-Mercuryo partnership can contribute to greater financial inclusion.
  • Innovation in DeFi Products and Services: With easier access to DeFi assets, developers will be incentivized to create new and innovative DeFi products and services that cater to a broader audience.

The combined power of 1inch and Mercuryo is poised to reshape the DeFi landscape, making it more accessible, user-friendly, and ultimately, more impactful.

Why is Fiat Onramp Important for DeFi?

DeFi, while revolutionary, has faced a significant hurdle: getting users into the system.This is where fiat onramps become absolutely essential. 4.9K subscribers in the CryptoToFuture community. High-quality, non-speculative, filtered news about CryptoCurrencies.Here's a closer look:

  • Bridge Between Worlds: Fiat onramps act as a vital bridge connecting the traditional financial system with the decentralized world of DeFi.They enable users to seamlessly convert their fiat currency (e.g., USD, EUR, GBP) into cryptocurrencies, which are then used to interact with DeFi protocols.
  • Simplifying the User Journey: Without fiat onramps, users typically need to go through a multi-step process involving centralized cryptocurrency exchanges.This process can be time-consuming, complex, and often involves high fees. 1inch integrates with Mercuryo, enabling fiat onramp to DeFi cryptocurrencies decentralizedexchangeFiat onramps streamline this process, allowing users to directly purchase DeFi assets with their fiat currency.
  • Expanding the User Base: Many potential DeFi users are unfamiliar with cryptocurrency exchanges or intimidated by the technical complexity of the crypto space. Skip to main content Bitcoin Insider. MenuFiat onramps lower the barrier to entry, making it easier for newcomers to participate in the DeFi ecosystem.
  • Increasing Liquidity: As more users gain access to DeFi assets, the overall liquidity within the ecosystem increases. C ng cụ tổng hợp trao đổi phi tập trung 1inch Network đ hợp t c với Mercuryo, một mạng thanh to n xuy n bi n giới, để cung cấp cho người d ng một cổng liền mạch hơnThis leads to tighter spreads, more efficient trading, and a more robust DeFi market.

The availability of convenient and reliable fiat onramps is crucial for the long-term growth and sustainability of the DeFi ecosystem. Decentralized exchange aggregator 1inch Network has partnered with Mercuryo, a cross-border payment network, to provide its users with a more seamless gateway to DeFi potentially opening upThe 1inch integration with Mercuryo demonstrates the importance of addressing this challenge and making DeFi more accessible to a wider audience.

Addressing Common Concerns About DeFi and Fiat Onramps

While the integration of fiat onramps into DeFi is a positive development, it's important to address some common concerns that users may have:

Security

Security is a top priority in the crypto space.Both 1inch and Mercuryo employ robust security measures to protect user funds and data.These measures include encryption, two-factor authentication, and regular security audits.However, it's important for users to take their own security precautions, such as using strong passwords and being wary of phishing scams.

KYC and AML Compliance

Fiat onramps are typically subject to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations.This means that users may need to provide personal information and identification documents in order to comply with these regulations.While some users may be concerned about privacy, KYC and AML compliance are essential for ensuring the legitimacy and security of the DeFi ecosystem.

Fees

Fiat onramps typically charge fees for their services. Utilizatorii portofelului de 1 inch pot acum achiziționa active DeFi prin gateway-ul fiat onramp de la Mercuryo.These fees can vary depending on the payment method, the amount being converted, and the payment provider. Decentralized exchange aggregator 1inch Network has partnered with Mercuryo, a cross-border payment network, to provide its users with a more seamless gateway to DeFi potentially opening up the market to greater adoption.It's important for users to compare fees from different providers before making a purchase. 1inch integrates with Mercuryo, enabling fiat onramp to DeFi cointelegraph.comMercuryo offers competitive fees for its fiat-to-crypto conversions, making it a cost-effective solution for accessing DeFi assets.

Volatility

The cryptocurrency market is known for its volatility. 1inch Wallet users can now purchase DeFi assets through Mercuryo s fiat onramp gateway.The value of DeFi assets can fluctuate significantly over short periods of time. Ang Mercuryo ay isang British B2B payment service provider na dalubhasa sa fiat-to-crypto infrastructure. Bumubuo ang kumpanya ng toolbox na pinapagana ng crypto para sa mga operasyon sa pagbabayad gamit ang mga cryptocurrencies. Sa kasalukuyan, ang mga serbisyo sa pagpapatakbo ay may kasamang fiat on-off na ramp widget para sa pagbili atIt's important for users to be aware of the risks involved and to only invest what they can afford to lose.While the 1inch-Mercuryo partnership makes it easier to access DeFi assets, it does not eliminate the inherent risks associated with cryptocurrency investing.

The Future of DeFi Onramps: What to Expect

The evolution of DeFi onramps is just beginning.As the DeFi ecosystem matures, we can expect to see further innovation and improvements in this area.Here are some potential future developments:

  • More Payment Options: Fiat onramps will likely support a wider range of payment methods, including bank transfers, mobile payments, and even cash payments.
  • Lower Fees: Competition among fiat onramp providers will likely drive down fees, making it even more affordable to access DeFi assets.
  • Improved User Experience: Fiat onramps will become even more user-friendly, with simpler interfaces and more intuitive workflows.
  • Integration with More DeFi Protocols: Fiat onramps will be integrated directly into more DeFi protocols, allowing users to seamlessly convert fiat currency and interact with various DeFi applications.
  • Regulatory Clarity: As regulators become more familiar with DeFi, we can expect to see greater clarity and standardization in the regulation of fiat onramps.

The future of DeFi onramps is bright.As these services continue to evolve, they will play an increasingly important role in driving the adoption and growth of the DeFi ecosystem.

Conclusion: Embracing the Future of Decentralized Finance

The integration of Mercuryo's fiat onramp into the 1inch Wallet marks a pivotal moment for the DeFi landscape.By lowering the barrier to entry and simplifying the user experience, this partnership is poised to attract a new wave of users to the world of decentralized finance. To date, some users happen to be discouraged from entering the particular DeFi space because the majority of the existing options for buying crypto are too complicated and undesirable, said Sergej Kunz, co-founder of the 1inch System, adding: The integration in between 1inch and Mercuryo provides everyone a user-friendly method toThis is more than just a technical upgrade; it’s a significant step towards making DeFi accessible to everyone.

With the ability to seamlessly convert fiat currency into DeFi assets, users can now explore the vast potential of DeFi protocols without the complexities of traditional crypto exchanges.This integration not only streamlines the user journey but also fosters greater financial inclusion, empowering individuals to participate in the future of finance.As the DeFi ecosystem continues to evolve, the availability of convenient and reliable fiat onramps will be crucial for its long-term success. 15K subscribers in the CryptoCurrencyClassic community. The unofficial Wild Wild West of r/CryptoCurrency. CryptoCurrency Memes, News andKey takeaways from this integration include:

  • Accessibility: DeFi is now easier to access than ever before, opening the doors to a wider audience.
  • Simplicity: The user experience is streamlined, making it easier for newcomers to navigate the DeFi space.
  • Growth Potential: The integration is poised to drive further adoption and innovation within the DeFi ecosystem.

So, embrace the future of finance and take advantage of this seamless integration to unlock the potential of DeFi.Download the 1inch Wallet, explore the world of decentralized finance, and experience the power of financial freedom!

Joseph Lubin can be reached at [email protected].

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