BitMart: Purchase BTC via Credit/Debit Card

Individual investors can now use either VISA or Mastercard to buy Bitcoin (BTC) and Ethereum (ETH). BitMart Exchange, a global asset trading platform, announced their partnership with an EU-authorized financial institution to offer credit/debit card deposit service.

Merchants will now accept debit or credit card payments, without risk of exposure to fraud chargeback. Users will now be able to buy and deposit funds on BitMart Exchange while benefitting from a smooth e-commerce experience, by integrating BitMart’s financial partner’s credit card processing solution.

The U.S. office of BitMart Exchange was officially registered as a money service business (MSB), earlier this year, with the U.S. Financial Crimes Enforcement Network (FinCEN). BitMart can now perform crypto-to-crypto trading in most U.S. states and territories. With the availability of fiat deposit, BitMart will further offer fiat trading service in the near future.

Sheldon Xia, Founder & CEO of BitMart quoted, “BitMart’s mission is to offer convenient and secure financial services in the crypto trading market. Not only will this help cryptocurrencies in gaining higher adoption rates, but it would also further bridge the gap between traditional finance and digital currency.”

BitMart also aims to incorporate new features including future contract trading, whole-network trading and decentralized trading by early 2019, in addition to providing fiat service.

Link to original article here.

 


About Bank Of Hodlers

Bank of Hodlers is building a customer-centric bank on the blockchain, by providing financial services like cryptocurrency-backed loans and cryptocurrency-backed cards.

We have recently launched our asset-backed lending product where you can earn interest on your BTC, ETH, TUSD and DAI. You also have the option to borrow DAI against Ethereum. You can sign up to the platform by clicking here: app.bankofhodlers.com/register.

 

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