Search Inside Bitcoins

Bitcoin.Com Exchange to Provide Crypto Trading Facility

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

Bitcoin.Com Exchange to Provide Crypto Trading Facility
Bitcoin.Com Exchange to Provide Crypto Trading Facility

Join Our Telegram channel to stay up to date on breaking news coverage is offering its users a crypto buying and selling facility on its platform. The Exchange will accept debit and credit cards for buying cryptocurrencies via a Moonpay partnership. Exchange marches on

With its new partnership, users will be able to buy digital currencies by using their credit and debit cards. Traditionally, banks discourage their customers from using their cards to buy digital currencies. However, Moonpay, a fiat-crypto payment service provider, can remove this barrier. It has already allowed users of Wallet to buy Bitcoin with a debit card.

Bitcoin.Com Exchange to Provide Crypto Trading Facility Exchange COO Danish Chaudhry commented,

“We are very excited to partner with Moonpay to offer our users a simple way to purchase cryptocurrencies with fiat money. Exchange is dedicated to making it easier for newbies in the industry to get started, so making crypto available via fiat was a logical next step towards achieving our mission.”

A rebrand helps move ahead is planning to create a more inclusive digital currency space with a focus on providing economic freedom. Exchange is an effort in this direction. The platform is designed for both retail and experienced investors and provides them a variety of financial services. The platform boasts of institutional-grade encryption and provides two-factor authentication (2FA) for added security for the users. It also applies the unique IP whistleblowing feature that keeps accounts secure.

With the new Moonpay integration, users will be able to buy a variety of assets with debit or credit cards, including Bitcoin, Ethereum, Ethereum Classic, Bitcoin Cash, Cardano ADA, ATOM, EOS, Litecoin, Tron, WAVES, Stellar Lumens, Ontology and Ripple XRP. The partnership helps make cryptos more accessible to people. Cryptocurrency online traders will be watching to see how the newly-formed Bitcoin Cash  will perform .

Moonpay co-founder and CTO Victor Faramond emphasized on accessibility, and the role played by a user-friendly  onboarding process. He said that the company is thrilled to partner with Exchange and provide an easy way for users to credit their accounts. Both companies will now work on improving the crypto onboarding process. They are aiming to add tokens based on the Simple Ledger Protocol (SLP) to the recently announced fiat gateway as well.

Note that SLP is designed on the Bitcoin Cash blockchain and first arrived in 2018. To date, more than 6,000 SLP tokens have come into existence. ACD, GOC, and FLEX are some of SLP tokens added on Exchange, operated by prominent BCH backers. The exchange may add more SLP tokens in the future.

Join Our Telegram channel to stay up to date on breaking news coverage

Read next