NIMIQ — Fiat currencies into DeFi

Cappex
2 min readFeb 27, 2021

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Hello technology enthusiasts and visionaries, I have been following the Nimiq project very closely for months and I have found an incredible community and a very competent and forward-looking team.

Nimiq is a simple, secure and censorship resistant cryptocurrency and the team has done exemplary work in translating the complexity of a blockchain and making it truly accessible to everyone.

In this article I have explained how to get a wallet and even some free coins.

What I’m really excited about is the project and the huge use cases that OASIS technology will bring.

OASIS is Fiat in DeFi

The real news for the whole cryptosphere has arrived, Oasis will allow the purchase of cryptocurrencies in the first non-custodial Fiat/Crypto swap, through a simple SEPA bank transfer it will in fact be possible to buy $NIM, the native currency of the project, thanks to the collaboration of the bank headquartered in Germany, TEN31Bank.

For more information, here you will find an extensive explanation of how OASIS works:

This is a milestone for all cryptocurrency investors and the integration of this OASIS protocol within DEX such as Uniswap, Pancakeswap, etc… will allow the influx of Fiat currencies into these decentralized finance tools allowing for greater accessibility to a booming sector.

This revolution is around the corner, I invite you to try the OASIS public beta, you just need to set up a wallet and have a bank that supports SEPA instant transfers.

The OASIS protocol will be integrated into the DEX eFIN making it the first decentralized exchange to support FIAT currencies.

Can you see how huge this thing is?

useful links:
OASIS, The Defi crypto-fiat bridge
TEN31 Bank announces partnership and stake in Swiss DexTech AG

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