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FlipX Adds Onramp Money to Simplify Fiat-to-Crypto Funding

FlipX has integrated Onramp Money to let users buy USDC with local payment methods directly through its prediction market platform. The partnership is designed to remove the need for users to leave FlipX, purchase crypto through a separate service and transfer funds before participating in markets.

The integration gives FlipX users access to Onramp Money’s fiat-to-crypto infrastructure across more than 50 countries, including the US, India, Indonesia, Vietnam, the Philippines and Brazil. Users can purchase USDC and fund their prediction wallets without leaving the FlipX app, with the companies positioning the process as a faster way to move from local currency to on-chain market participation.

Easier crypto access could help prediction markets reach more users

Easier crypto access could help prediction market platforms attract people who are interested in events but have little experience with digital assets. Removing extra steps around buying and transferring crypto may lower the entry barrier for new users, especially in countries where traditional crypto exchanges are less convenient.

The development also points to a growing link between crypto infrastructure and consumer applications. As more platforms add simple payment options, users may interact with blockchain-based products without needing deep knowledge of wallets or crypto trading. For prediction markets, this could make user growth less dependent on attracting experienced crypto users.

Prediction markets changing the way people trade on real-world events

Prediction markets are creating a different way for people to express views on events that go beyond traditional financial assets. Instead of buying shares in a company or trading a currency, users can take positions based on outcomes tied to elections, sports, technology and major global developments. 

As events develop, the odds attached to different outcomes can change, giving users a live view of how expectations are moving. This could make prediction markets useful not only for trading but also for measuring public sentiment around events that may influence businesses, governments and financial markets. For FlipX, adding these markets to a social platform could make event-based trading more interactive, while giving users a way to compare their views with other participants before taking a position.

Similarly, Lumo Wallet has integrated Onramp Money, allowing users to buy and sell cryptocurrencies directly within its self-custody wallet using local fiat payment methods.

 

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