BitMart Exchange, a premier global digital asset trading platform, recently announced their partnership with an EU authorized financial institution to offer credit/debit card deposit service. An individual investor can use either VISA or Mastercard to purchase Bitcoin (BTC) and Ethereum (ETH).
BitMart’s financial partner enables merchants to accept debit or credit card payments, with zero exposure to fraud chargeback risk. By integrating its credit card processing solution, users can buy and deposit funds on BitMart Exchange while benefiting from a smooth e-commerce experience. The service currently supports multiple currencies and is available in over 100 countries.
Earlier this year, BitMart Exchange U.S. office was officially registered as a money service business (MSB) with the U.S. Financial Crimes Enforcement Network (FinCEN). This ensures BitMart can perform crypto-to-crypto trading in most U.S. states and territories. Now, with the fiat deposit available, BitMart is confident to further offer fiat trading service in the very near future.
“BitMart’s mission is to offer convenient and secure financial services in the crypto trading market,” said Sheldon Xia, Founder & CEO of BitMart. “Not only will this help cryptocurrencies in gaining higher adoption rates, but it would also further bridge the gap between traditional finance and digital currency.”
In addition to providing fiat service, BitMart also aims to incorporate new features including future contract trading, whole-network trading and decentralized trading by early 2019.
BitMart Exchange is a premier global digital asset trading platform in the cryptocurrency market with over 509,000 users worldwide and ranked among the top 20 crypto exchanges on CoinMarketCap. BitMart currently offers 100 trading pairs with one of the lowest trading fees in the market. BitMart’s daily trading volume ranges from $70,000,000 to $112,000,000 USD and total trading volume has reached over $2,730,000,000 USD since launching in March.