Cobo Announced Its Strategic Partnership With Legend Trading For Fiat-Crypto Exchanging

June 12, 2023

Today, the Singaporean digital currency world has witnessed a strategic partnership between Cobo, a leading digital crypto wallet provider and Legend Trading, a US regulated crypto trading firm.

This collaborative move by both the regulated firms aims to integrate Over the Counter (OTC) services of Legend Trading with Cobo’s platform to offer seamless Fiat-Crypto trading.

Clients will be able to sign-up and enjoy seamless KYC onboarding processes & securely trade via Legend Trading and Cobo’s integrated platform.
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Mainly, focusing on aggregated liquidity pools of global currencies, the partnership also ensures optimal pricing for Cobo’s clients. Cobo supports 40 fiat currencies and Legend Trading is recognized and regulated with most of the payment systems including Wire, SEPA & Swift along with a built-in KYC Connect feature for streamlining customer onboarding.

Dr. Changhao Jiang, the Co-founder and CTO of Cobo is super-excited on this partnership and says,

“After entering this massive opportunity of partnering with Legend Trading, Cobo is confident on our collaborative efforts to provide a one-stop solution for crypto asset management to the customers with enabling convenience and making crypto trading simple.”

Bottom Line

Fiat-Cryptocurrency exchanges and trading platforms are witnessing rapid growth and digitization. Firms are striving to bring seamlessness in the KYC processes in this regard. Which is why it seems convenient for them to partner with each other for a cost-efficient way to enhance services and serve the market better.