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Nimiq Enters Into Partnership with Coinify: A Step Towards Global Adoption

Nimiq has partnered with Coinify, enabling NIM payments across 60,000+ merchants in 170 countries. This collaboration simplifies adoption, enhances flexibility, and brings Nimiq closer to making cryptocurrency as easy to use as traditional payments. Learn more in this blog post!

15 Jan

by Team Nimiq

3 min

The Nimiq ecosystem has taken a significant step forward in its mission to make NIM the world’s most accepted cryptocurrency.

We are excited to announce our partnership with Coinify, a global leader in cryptocurrency payment solutions. This collaboration accelerates adoption, simplifies merchant integrations, and expands Nimiq’s presence worldwide.

Introducing Coinify: A Trusted Name in Cryptocurrency Payments

Coinify is a globally recognized cryptocurrency payment provider, operating in over 170 countries and trusted by thousands of merchants. Known for its user-friendly solutions, Coinify bridges traditional finance and the crypto ecosystem with features such as:

  • Wide Cryptocurrency Support: Enables merchants to accept Bitcoin, USDC, USDT, and now, NIM.
  • Global Accessibility: Facilitates seamless transactions across its extensive network.
  • Real-Time Exchange Rate Locking: Ensures stable transactions by locking exchange rates during payments.
  • Fiat Settlement Options: Allows merchants to receive payments in fiat or cryptocurrency.
  • Regulatory Compliance: Adheres to global financial regulations, ensuring a secure platform.

This robust infrastructure makes Coinify an ideal partner for advancing Nimiq’s mission.

A Perfect Partnership: How Nimiq and Coinify Complete Each Other

Nimiq’s focus on simplicity, security, and sustainability aligns perfectly with Coinify’s capabilities, creating a partnership that enhances both usability and scalability. Through Coinify’s extensive infrastructure, Nimiq gains access to a global merchant network, connecting thousands of businesses and significantly boosting NIM’s real-world utility. 

With Coinify’s plug-and-play solutions, businesses can seamlessly integrate and begin accepting NIM with ease. By bridging the gap between the crypto and fiat worlds, merchants can embrace cryptocurrency while retaining the convenience of fiat settlement options. 

Together, Nimiq and Coinify cultivate an ecosystem where using cryptocurrency feels as effortless as traditional payment methods.

New Features Now Available to Nimiq Users and Merchants:

This partnership unlocks several benefits for the Nimiq community:

  1. Direct Fiat On- and Offramp: Users can now buy NIM using over 30 different fiat currencies and also sell NIM to seven fiat currencies, including Euro (EUR), US Dollars (USD) and Swiss Francs (CHF) via https://www.coinify.com/trade
  2. Increased Merchant Acceptance: NIM is now integrated into Coinify’s network of 60,000 merchants.
  3. Enhanced Payment Flexibility: Merchants can settle payments in fiat or cryptocurrency.
  4. Seamless User Experience: A combination of Nimiq’s fast payments and Coinify’s robust solutions ensures an intuitive process.
  5. Real-Time Exchange Rates: Transparent and stable transactions for all parties.
  6. Global Reach: Nimiq is accessible to a broader audience through Coinify’s extensive network.

A Partnership for the Future

This collaboration is more than a business agreement; it represents a shared vision of a future where cryptocurrency becomes a natural payment choice. For Nimiq, this partnership is a crucial milestone in the journey toward global adoption.

Together, we aim to redefine cryptocurrency payments, making digital assets as convenient as cash or cards. This is just the beginning, and we look forward to exploring innovative solutions to further expand crypto adoption.

Let’s build the future of payments, one transaction at a time.

Pura Vida,

Team Nimiq

Disclaimer

None of the statements must be viewed as an endorsement or recommendation for Nimiq, any cryptocurrency, or investment product. Neither the information, nor any opinion contained herein constitutes a solicitation or offer by the creators or participants to buy or sell any securities or other financial instruments or provide any investment advice or service. All statements contained in statements made in Nimiq’s web pages, blogs, social media, press releases, or in any place accessible by the public, and oral statements that may be made by Nimiq or project associates that are not statements of historical fact, constitute “forward-looking statements”. These forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause the actual future results, performance, or achievements to be materially different from any future results, performance, or achievements expected, expressed, or implied by such forward-looking statements. The final decision of implementing any changes to the Nimiq protocol, including its parameters, always remains with the decentralized node operators who agree what version and parameters to deploy and support.