With this decision the exchange is hoping that now more people would be willing to make use of the opportunity and buy Bitcoin and other cryptocurrency through its network.
The users can use debit cards and credit cards issued in any local national currency to buy the virtual currency, with the exchange claiming that the process is very easy and the experience extremely pleasant.
CEX.IO asserts that it allows ideal processing conditions that are needed for a quick and successful processing of card payments, the wide range of acceptable payment cards, and numerous positive feedbacks from users.
Jeffrey Smith, Chief Information Officer of CEX.IO also said that “literally, we provide an opportunity to buy Bitcoin in just a few clicks with almost any type of the card issued in any currency of the world.”
He further also stressed that “this is one of the key advantages our exchange possesses, and together with our PSS partners we continue bringing fees down and creating an even more attractive Bitcoin marketplace for broad audiences.”
The company also claims that the users are allowed to fund their account up to $2,000 or €2,000 with a simplified verification procedure, or increase limits to $100,000 per month after identity verification.
Plus, CEX.IO also allows an unlimited number of cards to be linked to their profiles, which means that a user needs to select one from the list and confirm the payment.
The exchange also allows instant Bitcoin purchase via pre-configured bundles in the amount of $100, $200, $500, and $1,000, which can be spent on the digital currency.
The prices for bundles depend upon the current market price and are recalculated every 120 seconds.
Earlier, the exchange was in the news when we had reported that Latin American customers of CEX.io would be able to transact using local currency to trade Bitcoin on the platform.