CEX.io , one of the earliest and largest Bitcoin cloud mining and exchange companies, has reported passing a milestone of $40M worth of deposits from bank credit cards, also announcing the plans to add margin trading. Bitcoin – from means of payment to widespread currency
One of the most prominent trends in the crypto industry is the effort to make the use of cryptocurrencies in our everyday lives as seamless as possible.
Bitcoin has come a long way from being a barely usable means of payment to a convenient, casual solution. However, it and other cryptocurrencies still have a long road ahead of them. One major part of that effort is the integration of cryptocurrencies with the traditional money systems.
After all, if the community wants Bitcoin and others to become as widespread and usable as the dollar or euro, the digital currencies have to become a natural part of that environment. Cheap deposits and instant withdrawals
CEX.io was one of the first to introduce the option to deposit funds to their exchange via traditional Visa and MasterCard cards. And just now, the company has reported that the total amount of funds deposited via bank cards has reached $40M, across 600,000 users registered at the exchange.
Oleksandr Lutskevych, CEO and Co-Founder of CEX.IO, says to CoinTelegraph: “The recent Money 20/20 Europe conference held in Copenhagen proved that blockchain technology and related businesses are in the spotlight of FinTech. We operate as a broad and reliable bridge between people who are willing to buy Bitcoin and the blockchain industry. As credit cards are still the most common thing in users’ pockets, no matter what country they come from, we decided to direct our efforts to user-friendly, fast and cheap Bitcoin purchases using payment cards.” Oleksandr Lutskevych, CEO and Co-Founder of CEX.IO Margin trading
[…]
