Straits Financial Accepts Bitcoin Payments for US Futures

Straits Financial has partnered with BitPay and WB21, allowing users to fund their account with Bitcoin deposits. Bitcoin as a form of payment can’t be ignored anymore. Many online and offline stores have already started including Bitcoin as an alternative form of payment alongside conventional ones. Now, a futures trading company Straits Financial LLC has decided to include Bitcoin as one of the payment options. Straits Finanical LLC is a subsidiary of Singapore-based Straits Financial Group. By including Bitcoin payments, Straits Financial LLC has become the first US-based Futures....

Straits Financial now allows bitcoin holders to gain quick access to their futures trading platform. The ability to accept bitcoin payments was made possible by the introduction of digital bank WB21, which has integrated BitPay as a new payment option. BitPay believes their service can significantly reduce the amount of time it takes Straits customers to fund their accounts. “BitPay and WB21 will help customers to easily convert their bitcoin holdings into currencies that can be used to fund their futures trading accounts and will provide the bitcoin community easier access to an....

U.S.-based brokerage house Straits Financial LLC will accept bitcoin via payment processor BitPay to become the first U.S.-based Futures Commission Merchant (FCM) to do so. Straits users will now be able to fund their investment and trading accounts with bitcoin. A boutique brokerage house, Straits’ acceptance of bitcoin will allow users to trade assets such as energy, precious metals, agricultural commodities and stock indexes in the multi-trillion dollar commodities market. The move is intended to appeal to cryptocurrency enthusiasts, wherein bitcoin will be converted into currencies,....

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