FinchPay, a fiat on-ramp that lets users worldwide purchase cryptocurrency with convenient payment methods in a straightforward manner, is excited to join the ecosystem of XDC Network supporters. As a globally oriented provider, FinchPay is a fitting match for XDC Network, an enterprise-focused blockchain that caters to the global trade needs.

XDC Coin’s Integration to FinchPay

The XDC utility token is one of the latest additions to the listings of FinchPay for purchases with fiat currencies. FinchPay’s support of the XDC native token gives residents of most countries the opportunity to purchase XDC with dozens of local currencies and a variety of payment methods.
As a EU-licenced provider, FinchPay follows the most rigorous quality and safety standards, so users can complete bank card transactions with peace of mind.
The support extends beyond just FinchPay’s website to its embeddable widgets and API integrations in partners’ platforms and products. Therefore, this benefit translates into the increase of reach for the XDC Network to thousands of users worldwide, making the utility token available to more users and markets.

How to Use FinchPay?

FinchPay provides an easy way for users to convert traditional fiat currencies into XDC using a streamlined and secure flow. Review it for yourself:

The starting widget is as simple as choosing a currency pair and the amount of purchase. Instead of navigating through trading interfaces, you choose your local currency (in this example, euro) and provide the desired amount (e.g. 300 EUR). For the provided output currency, XDC, the final rate is calculated instantly, all fees included.

By clicking the button, you will proceed to the order finalization screen, where you are to choose the payment method and review the details of transaction. For purchasing XDC with the euro, bank cards are the single available option.

Next, FinchPay will request some identifying information for your purchase: an email address (plus a code for its verification) and a phone number. The example purchase’s amount falls below the threshold that will require further identity verification (a ‘KYC’ procedure).

After that, the next step is to provide a valid XDC address to receive the purchased coins. No additional withdrawals will be necessary, meaning no excessive withdrawal fees and full self-custody from the start.

Review the full breakdown of the order one last time. Remember to double-check the transaction details such as the wallet address so the funds arrive at the intended destination!

One last action required: complete the purchase with the card in the secure 3-D environment.

After it is done, the widget will track the status of your purchase and transfer of funds to your provided recipient XDC wallet. It will notify you of the completion as well.

Why XDC Network’s Integration in FinchPay Matters

XDC Network is not simply an extra supported asset in FinchPay’s listings. With this integration, FinchPay ramps up the integration of Layer-1 and Layer-2 networks that see real-world use and solve real problems. As a well-established enterprise-focused platform, XDC Network is a valuable partner that further cements the legitimacy of this fiat-to-crypto provider.
Moreover, integration into services such as FinchPay that connect fiat-based economy with the digital one helps improve the reach and liquidity of XDC Network-based assets, making them available to even more users globally.
XDC Network’s and FinchPay’s goals align in bridging the gap between the cryptocurrency industry and real-world economy, so this collaboration is a natural and mutually beneficial development.

Summary

FinchPay is already a part of the XDC Network ecosystem; XDC purchases with fiat currencies are live! Consider it the next time you increase your XDC position or invest in it for the first time: FinchPay provides the most competitive live rates coupled with the licence-backed security and compliance.