Getting into crypto shouldn't mean converting your money into some other currency first, or wrestling with a payment method you never use. At BlockX, the idea is simple: trade crypto in the currency you already earn and spend, using the local payment methods you already know — directly with verified merchants, while your funds stay yours the whole way.

Here's a clear rundown of the currencies BlockX supports at launch, how trading in your local currency works, and what you'll be able to buy and sell.

BlockX currencies: what to remember

A quick summary before we dive in:

• Launch currencies: USD, AED, EUR, GBP, MXN, BRL, ARS, ZAR, NGN, and EGP — with more on the way.
• How it works: trade crypto peer-to-peer, directly with verified merchants, priced in your local currency.
• Payment methods: broad and local — bank transfer, mobile money, cards, and more, set by each merchant.
• Your money stays yours: non-custodial by design. We never hold your funds — fiat or crypto.
• Crypto you can trade: USDT, USDC, ERC-20 tokens, WBTC, and WETH — with native BTC and ETH on the roadmap.
• Status: our waitlist is open. Join now for early access before public launch.

Which fiat currencies does BlockX support?

At launch, you'll be able to buy and sell crypto in ten currencies spanning five regions of the world:

The Americas

• USD — US Dollar (United States)
• MXN — Mexican Peso (Mexico)
• BRL — Brazilian Real (Brazil)
• ARS — Argentine Peso (Argentina)

Europe & the UK

• EUR — Euro (Eurozone)
• GBP — British Pound (United Kingdom)

Middle East & Africa

• AED — UAE Dirham (United Arab Emirates)
• ZAR — South African Rand (South Africa)
• NGN — Nigerian Naira (Nigeria)
• EGP — Egyptian Pound (Egypt)

This is our starting lineup, chosen to cover major markets across North America, Latin America, Europe, the Middle East, and Africa — and we'll keep adding more as we grow.

How trading in your local currency works on BlockX

BlockX is a peer-to-peer (P2P) marketplace, which means you trade directly with another person — a verified merchant — rather than with a central exchange. Here's the flow:

1. You browse offers in your local currency, filtered by the crypto you want and the payment method that suits you.
2. You pick a merchant and start the trade. The crypto is locked into smart-contract escrow for protection.
3. You pay the merchant directly in your local currency, using their payment method.
4. The crypto is released to you once the payment is confirmed.

The key thing to understand: we never hold your money. Your local-currency payment goes straight to the merchant, and the crypto sits in escrow — controlled by code, not by us — until the trade completes. Your assets stay under your control from start to finish. (For a deeper look at how this keeps both sides protected, see our guide on how escrow protects both sides.)

Payment methods: as broad as your country allows

Because merchants provide their own payment options, the choices on BlockX are wide and refreshingly local. Depending on where you are and who you trade with, that can include:

• Bank transfers
• Mobile money and e-wallets
• Debit and credit cards
• Region-specific local payment rails

We don't restrict you to a short, one-size-fits-all list — the available methods vary from country to country and merchant to merchant, so you can choose what's most convenient for you. When you browse, just filter by your preferred payment method to see matching offers.

What crypto can you buy and sell?

At launch, BlockX supports a focused, high-demand set of assets:

• USDT and USDC — the two leading stablecoins (learn why stablecoins power P2P trading)
• Any ERC-20 token
• WBTC (Wrapped Bitcoin) and WETH (Wrapped Ether)

And we're not stopping there — native BTC, native ETH, and non-EVM tokens are on the roadmap, so the range of what you can trade will keep expanding.

Settle at a rate you both agree — no spread

One more thing worth knowing: on BlockX you settle directly with a merchant at a rate the two of you agree on. No pool, no hidden spread, no surprises — just peer-to-peer settlement at the price you both accepted. It's a simple, transparent way to trade.