CoinW OTC Business Fully Upgraded: Building a Closed Loop for Crypto Asset Fiat On-ramp/Off-ramp and Spending

The global crypto trading landscape is evolving rapidly, yet OTC remains one of the most challenging aspects for users—common issues such as difficult fiat on/off ramps, high fees, slow transaction speeds, and unstable channels significantly restrict asset mobility.CoinW has identified these pain points and is continuously optimizing its solutions.

CoinW's OTC services encompass P2P trading, third-party fiat on-ramp channels, and theCoinW Card off-ramp system, providing global users with secure, compliant, and diversified fiat on/off ramp and spending experiences.

Leveraging flexible localization strategies and global payment partnerships, CoinW has established an OTC ecosystem network covering key markets including Europe, Southeast Asia, Latin America, and the Middle East.

With secure and compliant channels, lower fees, and higher success rates, CoinW has created a complete closed loop for fiat on/off ramps and crypto spending. The launch of the new CoinW Guoguo Card in May has made crypto spending more convenient, marking a significant step towards connecting with the real world.

Partnering with Unlimit to Broaden Fiat On-Ramp Channels: More Convenient, Lower Fees

In the global crypto market, users often first encounter challenges such as difficulties depositing funds, cumbersome verification processes, and high payment failure rates.

In Europe, traditional banks remain cautious towards crypto transactions, limiting on-ramp channels. In Latin America, fragmented payment methods and unstable local channels result in a consistently poor user experience for deposits.

CoinW recognizes this as a critical bottleneck for crypto adoption and is using it as a strategic focus to continuously optimize the deposit ecosystem.

In August 2025, CoinW announced a long-term partnership with Unlimit, a leading global payment solutions provider, opening up bank card deposit channels in regions like Europe and Latin America. Users can now conveniently purchase crypto using bank cards via CoinW's Quick Buy feature, which also supports Apple Pay and Google Pay. Notably, Unlimit allows users to deposit funds via SEPA Instant local transfers, enabling fast, low-fee cryptocurrency purchases.

Unlimit offers over 1,000+ payment methods and has long served top-tier exchanges and cross-border enterprises. Its high-success-rate payment channels and global clearing network provide CoinW users with a faster and more stable crypto asset deposit experience. The service supports over 20 fiat currencies and is available long-term for European and Latin American markets, offering users a more convenient and efficient way to purchase crypto assets.

Beyond Europe and Latin America, CoinW is also accelerating its expansion in the Australian market. In April 2026, the platform officially launched the VirgoPay deposit channel, supporting Australian users in depositing and withdrawing Australian Dollars (AUD) via PayID, featuring fast settlement and competitive rates, providing a localized option for users.

CoinW's collaboration with local payment partners not only significantly reduces user deposit costs but also lays the foundational channel infrastructure for the subsequent CoinW Card payment system.

CoinW Card Officially Launched: Creating a Closed-Loop Experience for Instant Crypto Spending

For crypto users, depositing funds is only the first step. The greater challenge lies in smoothly off-ramping and spending. Traditional off-ramp processes often involve long cycles, high fees, and are subject to regional regulations and banking restrictions, trapping crypto assets.

While solving the on-ramp pain points, CoinW is also committed to bridging the last mile for off-ramping and spending.

Since launching its first CoinW Card in July 2023, CoinW has been dedicated to providing users with a superior payment experience.

Through continuous innovation and iteration, it has successively launched the US Dollar Virtual Card PRO and the Tap-to-Pay Card. In May 2025, it also released a Singapore Dollar Virtual Card and Physical Card issued by a Singaporean payment institution.

With higher payment success rates and broader usability, the CoinW Card is making global payments more convenient and unrestricted.

In May 2026, CoinW partnered with Alchemy Pay, a leading global payment service provider, to launch the new CoinW Guoguo Card, another breakthrough in integrating crypto-to-fiat off-ramping and spending.

The CoinW Guoguo Card supports multi-scenario payments and can be used globally, both online and offline, via Apple Pay, Google Pay, and Samsung Pay. It covers major platforms like GitHub, Telegram, Facebook Ads, Aliexpress, Netflix, Amazon, Midjourney, and ChatGPT.

The card operates on the Mastercard network and is settled in USD. Only a 1.5% foreign exchange conversion fee applies to transactions, with all other transaction fees waived.

The top-up fee is just 1.5%. The card issuance fee is as low as 1 USDT during the current early bird promotion, with no monthly fees.

The payment channel success rate is as high as 90%, with flexible spending limits: up to €10,000 daily and €20,000 monthly, with no single transaction limit, catering to both everyday and high-value payment needs.

The Guoguo Card is a virtual card that can be added to Apple Wallet or Google Wallet. The card design features the CoinW brand logo, further enhancing brand recognition and the payment experience.

In the future, a white-label metal physical card will also be launched, offering a personalized and premium experience for high-net-worth users.

The launch of the CoinW Card marks the completion of a full closed loop, from crypto asset deposit and trading to spending.

Whether for personal cross-border spending, off-ramp transfers, or international payments, users can enjoy a seamless "spend crypto instantly" experience within the CoinW ecosystem.

CoinW P2P Trading: Building a Global Localized Trading Network

CoinW's P2P business continues to expand through its global merchant recruitment program, establishing local trading networks in regions such as Russia, Southeast Asia, and the Middle East.

The team actively recruits high-quality merchants through online communities, offline events, advertising campaigns, and KOL collaborations, providing users with more diverse fiat-to-crypto trading channels.

Furthermore, CoinW's P2P service charges zero fees for both users and merchants, significantly boosting trading activity and engagement.

As a vital complement to the OTC system, the P2P business further strengthens CoinW's fiat liquidity capabilities in a decentralized context.

User-Centric Approach to Building a Global Fiat On/Off Ramp Ecosystem

CoinW remains consistently user-centric, dedicated to solving pain points such as "difficult off-ramps, high fees, and unstable channels" in crypto trading.

Through partnerships with third-party on-ramp channels like Unlimit and the launch of the CoinW Card, CoinW continuously lowers the barriers for fiat on/off ramps and optimizes the payment experience, truly integrating crypto assets into everyday global financial life.

From P2P trading and third-party payments to the full launch of the CoinW Card, CoinW is building a secure, efficient, and freely flowing crypto-fiat ecosystem. It will continue to deepen collaborations with global payment institutions to deliver more flexible, lower-cost, and more reliable cross-border payment solutions for its users.

About CoinW

Founded in 2017, CoinW has become one of the world's leadingcrypto asset trading platforms, providing a one-stop digital asset service entry point for cryptocurrency users across numerous countries and regions. The platform offers comprehensive smart trading services. As of October 2025, its average daily trading volume exceeded $50 billion, its Coingecko futures ranking was 4th, and its registered users surpassed ten million. CoinW is committed to "helping users grow their wealth" and "empowering blockchain technology transformation," continuously optimizing its product architecture and launching several independently operated innovative product lines. By sponsoring international sports events and partnerships, CoinW continuously expands its brand influence. At the same time, CoinW upholds a strong sense of social responsibility, actively engaging in public welfare initiatives, such as donating supplies to support orphanage construction in Africa. Looking ahead, CoinW will continue to promote global financial inclusion, lead the development of the crypto industry, and drive the worldwide adoption of blockchain and crypto assets. 

For more information, please visit theCoinW official website, follow CoinW'sX account, or join theCoinW Telegram group.

Disclaimer: This content is for informational purposes only and does not constitute any investment advice, financial advice, or trading recommendation. Digital asset trading involves significant risks, including but not limited to market volatility, liquidity risk, and technical risk. Users assume full responsibility for their own financial decisions.

Due to differences in laws and regulations across jurisdictions, the services provided by the CoinW platform may not be available in all countries or regions. Users should independently understand and comply with applicable local laws and regulations, including but not limited to those concerning foreign exchange controls, capital flows, and crypto assets, before using the related services.

The data, rates, limits, and feature descriptions (including payment success rates, fees, daily/monthly limits, etc.) contained in this article are subject to the actual terms of service and may be adjusted based on region, time, and cooperation channels. CoinW reserves the right to modify these terms at any time without prior notice. The early bird promotions and related rates mentioned in this article are subject to the specific terms and validity period of the activity.