CEX.IO Announces Payment Card Withdrawals
Bitcoin exchange CEX.IO has announced the launch of its new payment card withdrawal service. This new feature will allow CEX users to withdraw fiat from their exchange accounts to payment cards, in theory allowing them to skip the bank transfer process when making withdrawals. CEX says that this new service has “completed the full circle” of card-based....
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Yellow Card has announced the resumption of naira deposits and withdrawals in Nigeria via a statement from the cryptocurrency exchange platform. The move by the company comes almost a year after a central bank directive forced Yellow Card to suspend deposits and withdrawals.
CBN’s Growing Interest in Digital Currencies
Almost a year after suspending services following a central bank directive, crypto exchange platform Yellow Card now says it is resuming local deposits and withdrawals in Nigeria. The company’s resumption of services also comes a few months after....
London-based bitcoin exchange CEX.IO, has reached $80 million in card transactions for deposits and withdrawals and 800,000 accounts since its establishment in 2013. With the United States, Europe, and South America being its main market, the past year has seen the company enable many significant features for its customers. Card payments are an easy and popular option among CEX.IO users. They can use their ordinary Visa or MasterCard to buy and sell BTC and ETH. Once the card is linked to a user’s profile, deposits and withdrawals are processed instantly, at very lost costs, starting from....
CEX. IO halves minimum limits for US Dollars withdrawals and introduces Individual Business and Corporate accounts. CEX. IO Bitcoin Exchange announces decreasing fees for withdrawals in USD and EUR, as well as lowering minimum limits for respective withdrawals. From now on, CEX. IO users will be able to withdraw their fiat earnings with better conditions, being charged a considerably lower commission. Thus, a fee for withdrawing US Dollars via bank transfer has decreased from $50 to $35 per transaction. Meanwhile, withdrawal cost in EUR remains only €10 within an ordinary SWIFT withdrawal,....
Yesterday, Mt. Gox released the following notice from Tokyo, Japan: Statement Regarding Temporary Hiatus on U. S. Dollar Withdrawals. TOKYO - JAPAN - June 20th, 2013. Over the past weeks Mt. Gox has experienced rising volumes of deposits and withdrawals from established and upcoming markets interested in Bitcoin. This increased volume has made it difficult for our bank to process the transactions smoothly and within a timely manner, which has created unnecessary delays for our global customers. This is especially so for those in the United States who are requesting wire transfer....
It is no secret that any type of card reader can be used for both legal and illegal activities. Making credit card payments in most countries involves either the customer or cashier to swipe the card through a card reader. Square, a company, known for its credit card payment processing capabilities, faces some security concerns as far as their Square Reader device is concerned. With technology evolving at a rapid pace, a lot of focus is being put on making the entire payment experience more convenient for customers. As a result of that ideology, applications and hardware have been released....