Bitfinex Facilitates Crypto Purchase Using Credit, Debit Card
Bitfinex, the crypto exchange having headquarters in Hong Kong, is now facilitating the purchase of cryptos with both debit and credit cards. In this regard, the crypto exchange has issued the following statement:
“Buy cryptocurrencies with your debit or credit cards on Bitfinex. Whether it’s Bitcoin, USDt, Ethereum, or any other ERC20 tokens, pick your favorite and purchase with your credit or debit cards directly.”
December has seen several developments related to Bitfinex, including the partnership with crypto store Bitrefill to facilitate the trading platform’s customers to purchase goods using Bitcoin (BTC) transferred through a Lightning Network (LN).
The partnership will permit clients to purchase more than 2,000 kinds of prepaid vouchers with BTC. The vouchers can pay the fee of services and goods applicable for dining, gaming, travel, entertainment and more.
From today, Bitfinex users will be able to buy cryptocurrencies with credit or debit cards 💳
— Bitfinex (@bitfinex) December 20, 2019
Chainalysis, New-york based blockchain analytics company, is on course to offer Bitfinex trading platform incorporated with its Anti-Money Laundering compliance tool that monitors for high-risk and high volume trades on real-time.
The crypto exchange also stated that the first of the two key updates will totally transform customer spending and payment habits, asserting that it would back BTC based deals on Lightning Network.
Earlier in December, Tokyo headquartered crypto exchange bifFlyer rolled out “Instant Buy” facility on the platform offered by the European subsidiary.
The exchange will offer its European customers with the capability to purchase cryptocurrency utilizing a debit card, credit card and domestic real-time transfer techniques like iDeal, Sofort and GiroPay.
Notably, Coinbase Card, a crypto supporting Visa debit card from popular cryptocurrency exchange Coinbase, has started supporting Dai (DAI), a stablecoin pegged to the US dollar, in addition to top cryptocurrencies such as Bitcoin (BTC) and Litecoin (LTC).