Bitcoin Exchange Safello Adds Faster Payments For UK Customers
Safello, one of the more popular European Bitcoin exchanges, is expanding their vast array of payment options for UK customers. As the United Kingdom is proving to hold a big customer base for people looking to both buy and sell bitcoin, European exchanges have to adapt to the growing demand. Offering faster payment methods is an important step in the right direction, which will in turn help with bitcoin adoption in the UK. Bitcoin enthusiasts from the United Kingdom previously could only buy and sell bitcoin through either SEPA transfer or international bank transfer, which takes several....
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Six weeks after Swedish-based bitcoin exchange Safello announced rapid 'Faster Payments' deposits for UK customers, its banking partner has withdrawn its services and will close its accounts as of tomorrow. Safello, which received the 14-day closure notice from the undisclosed UK bank on 13th January, said: "there was no base for the decision to shut our accounts down. Nor were we unclear in our communication towards the UK bank prior to getting our accounts approved". Frank Schuil, Safello's CEO and co-founder, told CoinDesk that the exchange will continue to support international wire....
Swedish-based bitcoin exchange Safello has announced a new banking partnership that will see it add local deposit options for UK customers. The firm says the move opens up the "underserved" British market for bitcoin buying and could spark a "wave of interest" in the digital currency. Thanks to its new arrangement, Safello now supports payment methods including CHAPS, BAC and Faster Payments - the latter of which is free for standard UK bank accounts and takes around two to three hours to transmit funds. Frank Schuil, Safello's CEO and co-founder, told CoinDesk: "Hopefully we are at the....
Recently, we had an opportunity to interview Frank Schuil, the CEO and founder of Safello. Frank is a seasoned entrepreneur who has founded numerous and guess what, he is/has been a rapper too! Safello is a leading bitcoin platform based out of Sweden. Safello offers a unique exchange and wallet service to its customers. People can buy, sell or store bitcoins on the platform. We asked Frank a set of questions about Safello, and future of bitcoin, and this is what he had to say. Gautham: Can you please tell us a bit about Safello? Frank: Safello was founded in July 2013. Since then, it has....
Swedish bitcoin exchange Safello has teamed up with mobile transaction service Swish to enable direct payments for more customers via their mobile devices. The Swish app links to users' bank accounts to send and receive funds instantly, and charges no fees. Transactions are processed once a day, so if you buy bitcoin through Safello using the new service, the process should be completed within 24 hours. Added as part of a push to bring more customers on board, Safello describes its service as now "just the simplest way" of buying bitcoins in Sweden, explaining: "With an account at any of....
We've spoken a time or two about Sweden-based Safello, the self-proclaimed "safe and simple" bitcoin exchange for customers in Europe. They're back on the headlines, this time because they're taking Europe by storm by adding direct payments from 86 banks in over ten countries, along with support for GBP purchases. It's happening with the assistance of a SOFORT integration that will allow a customer to buy bitcoins via a direct transfer (assuming the bank is supported - full list below). Think of it as similar to Coinbase, but for Europe. "In 2013 we quickly became the market leader in....