Coinify & Rollux: Bridging the Gap Between Fiat and Crypto 

In the fast-paced world of blockchain technology, the need for seamless integration between traditional finance and decentralized networks has never been more critical. Rollux, a platform dedicated to scalability, security, and efficiency, is thrilled to announce a strategic partnership with Coinify, a leading payment gateway for digital assets. This collaboration sets the tone for Rollux Phase 2 development, offering direct onboarding to the Rollux ecosystem and enabling users to easily acquire $SYS utility tokens using fiat currency.

Coinify is a pioneering payment platform that facilitates the easy and secure use of virtual currencies for businesses and individuals. With its robust suite of solutions, Coinify has been instrumental in bridging the gap between traditional financial systems and the burgeoning world of cryptocurrencies. Whether you're a merchant looking to accept crypto payments or an individual seeking to buy and sell digital assets, Coinify offers a streamlined, user-friendly experience.

The Integration: Direct Onboarding and More

The partnership will introduce a Coinify widget across multiple platforms within the Syscoin Rollux ecosystem, including Pali Wallet, Pali Browser, and Pegasys, our decentralized exchange (DEX). This integration will provide users with a convenient fiat onramp, allowing them to acquire $SYS tokens directly within these platforms. Pali Mobile Wallet users can begin utilizing Coinify's services today!

Benefits for the Rollux Ecosystem

Ease of Access: The Coinify widget will simplify the process of acquiring $SYS tokens, making it as easy as a few clicks.

Wider Adoption: By offering a fiat onramp, Rollux aims to attract a broader audience, including those new to the crypto space.

Enhanced Utility: The integration will extend to other Syscoin Rollux decentralized applications (dApps), providing them with the ability to leverage this convenient feature.

A Partnership for the Future

Jagdeep Sidhu, Lead Core Developer of Syscoin and President of the Syscoin Foundation, commented, "This partnership with Coinify is a significant step toward our goal of making blockchain technology more accessible. Coinify's expertise in providing secure and straightforward crypto solutions aligns perfectly with Rollux's mission. Together, we are setting the stage for a more inclusive and functional decentralized financial ecosystem."

The Rollux and Coinify partnership is not just another collaboration; it's a transformative alliance aimed at enhancing user experience and broadening the scope of decentralized finance (DeFi). By integrating Coinify's fiat onramp into the Rollux ecosystem, we are taking a giant leap toward making DeFi more accessible, secure, and efficient.



About Coinify

Coinify is a global virtual currency payment platform, offering a range of services tailored to businesses and individual users. With a mission to bridge the gap between traditional finance and cryptocurrencies, Coinify has established itself as a trusted partner in the fintech industry.

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About Rollux

Built by SYS Labs, powered by Syscoin, and fueled by $SYS. Rollux is an EVM-equivalent optimistic rollup that inherits the security of Bitcoin’s mining network and Syscoin’s Layer 1 finality and data availability. Rollux functions as Syscoin’s Layer 2 to help provide the unprecedented scalability necessary for an exponential increase of potential use cases, and sets the stage for realizing mass adoption. Rollux offers what no one else does: unmitigated security, speed, decentralization, and affordability.

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About SYS Labs

SYS Labs is the crucible where cutting-edge technology and financial revolution converge, building the fundamental layers of true Web3, and connecting users, dapps, and assets to create seamless flows between ecosystems. SYS Labs is a venture builder that creates the infrastructure, dapps, and tools necessary to meet the needs and desires of a global population, all backed by Bitcoin’s security and enhanced by Syscoin’s finality and groundbreaking L1 data availability solution, PoDA.

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Oct 16, 2023 by SYS Labs