Coinify: A Bitcoin Exchange For All EU Member States?

Coinify: A Bitcoin Exchange For All EU Member States?

A bitcoin exchange named Coinify announced its plans to expand its operations to cover all 36 EU member states under the Single Euro Payments Area (SEPA). The goal of this SEPA project, which was launched in February 2014, is to improve the efficiency of cross-border payments and turn the fragmented national markets for euro payments into a single domestic one. With Coinify's expansion plans, the bitcoin exchange can use its services to make cross-border payments even cheaper as it offers 0% transaction fees. The latest round of investments from VCs could allow the company to achieve these....


Related News

Bitcoin Platform Coinify Expands Service to 34 Countries

Denmark-based bitcoin platform Coinify has announced its expansion within the Single Euro Payments Area (SEPA) network, enabling customers in 34 countries to buy and sell the digital currency. SEPA is a European Union (EU) payment integration scheme that aims to ease euro denominated bank transfers between 28 EU member countries as well as Iceland, Norway, Liechtenstein, Switzerland, Monaco and San Marino. Christian Visti Larsen, chief financial officer at Coinify, told CoinDesk: "Coinify has two operation legs, one for payment service providers and one for traders. The expansion within....

Coinify and PensoPay Enter into an Agreement

Coinify, a Denmark based Bitcoin payment processor has entered into a Payment Service Partnership agreement with PensoPay to provide secure, fraud-free payment settlements in fiat currency to its customers. With this partnership, Coinify has efficiently extended its distribution channel. The agreement, effective as of March 15, 2015 allows PensoPay to advertise and sell Coinify's solution along with their product. By including Coinify's Merchant Solution along with its POS and online payment gateway solutions, PensoPay can now offer its customer a seamless way to receive settlements in....

Blockchain & Coinify Partner Offering In-Wallet Purchasing

The leading wallet provider and blockchain explorer Blockchain has just announced a partnership with Coinify. The collaboration means users can fund their wallets with bitcoin near instantaneously. Blockchain and Coinify Enable In-Wallet Bitcoin Purchasing. Bitcoin company Blockchain has continuously been progressing as a reputable platform for the....

A First In Denmark: Miner Buys House With Bitcoin Using Coinify

Coinify APS, a Denmark-based blockchain currency payment provider, is facilitating the first real estate purchase in Denmark using bitcoin. Coinify processed a transaction worth 117 BTC (290,000DKK, $50,000 USD). The Just-Sold group real estate agency signed up for a Coinify merchant account at the buyer’s request to accept the blockchain payment. The purchase was in process at this report, according to Coinify. The buyer of the residential property, who requested to remain anonymous, acquired the bitcoins from bitcoin mining over an extended period. The purchased property is in the town....

Coinify Expands to 34 European Countries

Coinify, a Danish bitcoin exchange and bitcoin payment processing platform is expanding its platform to all 36 EU member states under the Single Euro Payments Area (SEPA) including Monaco, Malta, Iceland and Croatia. The SEPA project was initiated in February of 2014, with an aim to make cross-border Euro transfers equivalent to a domestic transfer in a country. Exact description of the project is "To improve the efficiency of cross-border payments and turn the fragmented national markets for euro payments into a single domestic one." Coinify plans to expand its services to the countries....