Thursday February 25, 2021
Bitcoin (BTC) $51,983.00   Ether (ETH) $1,669.67
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
NEWSLETTER SIGNUP
EXCHANGE 300+ COINS
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
No Result
View All Result
Home Services

Cryptocurrency exchange BitMart opens fiat deposit service

Published by CryptoNinjas.net
11/06/2018
Cryptocurrency exchange BitMart opens fiat deposit service

BitMart Exchange, a premier global digital asset trading platform, recently announced their partnership with the EU authorized financial institution – Simplex to offer credit/debit card deposit service. This move will ensure a more convenient and smoother digital asset investment experience for BitMart users.

In 1989, a digital currency company called DigiCash was created by David Chaum, an American computer scientist and cryptographer. DigiCash utilized a digital currency called “cyberbucks” that provided both anonymity to the users and security to the merchants. However, it fell prey to a mixture of internal strife and centralized infrastructure, which stopped it from becoming a widespread online payment mechanism. Until the invention of Bitcoin, a new electronic cash system that uses a peer-to-peer network to prevent double spending, the fundamental security problem in trading process was more effectively solved.

“It is completely decentralized with no server or central authority,” said Satoshi Nakamoto, the unknown inventor of Bitcoin. Decentralized Bitcoin uses a distributed database to record all the transactions according to a specific algorithm, and the cryptographic design also reduces the credit risk in the transaction process. As a result, the Bitcoin dominated digital currency market has been growing exponentially over the past 10 years.

“The anonymity, low transfer cost and borderless nature of digital currency make Bitcoin an important member of world’s mainstream currencies.” said Sheldon Xia, Founder & CEO of BitMart. More importantly, the financial innovation driven by the blockchain technology behind Bitcoin has had a far-reaching impact on the way we live, making cryptocurrencies thrilling and fascinating. “Foreseeably, the digital assets dominated by Bitcoin will continue to become a mainstream investment in the next few years.”

Individual investor can now use either Visa or Mastercard to purchase Bitcoin (BTC) on BitMart Exchange. “The aim of the partnership between BitMart and Simplex is to offer our users with convenient and secure fiat deposit service, lowering the barriers to entry for new adopters of digital currency investment.” said Sheldon Xia, Founder & CEO of BitMart. This service currently supports BTC/ETH and is available in over 100 countries.

In addition, BitMart recently listed stablecoins GUSD and USDC on its platform.

FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Crypto exchange BitMart begins new set of yield producing subscriptions
Crypto Exchanges

Crypto exchange BitMart begins new set of yield producing subscriptions

01/17/2020
Crypto exchange BitMart adds new fiat gateway
Crypto Exchanges

Crypto exchange BitMart adds new fiat gateway

08/26/2019
Bitmart Exchange
Capital Raising

Crypto exchange BitMart receives investment from Fenbushi Capital

08/08/2019
BitMart lists Neo Name Credit (NNC) token
Token Offerings/Listings

BitMart lists Neo Name Credit (NNC) token

04/17/2019
Bicoin Token (BCT) Sale Sold Out in 20 Seconds on BitMart
Altcoins/Investments

Bicoin Token (BCT) Sale Sold Out in 20 Seconds on BitMart

04/15/2019
Load More
Leave Comment

Where to Exchange

Bit2MeLeading Spanish Bitcoin ExchangeVisit
BL3P
European Bitcoin ExchangeVisit
ChangellyExchange & Buy 150+ CryptocurrenciesVisit
itBitAmerica's First Regulated Bitcoin ExchangeVisit
  • Trending
  • Latest
Bitcoin ATM company Lamassu unveils brand new operator admin system

Bitcoin ATM company Lamassu unveils brand new operator admin system

02/23/2021
DeFi fund manager yAxis launches v2 to make earning interest on crypto more accessible

DeFi fund manager yAxis launches v2 to make earning interest on crypto more accessible

02/22/2021
Tendermint invests in Tgrade to bolster Cosmos' growing DeFi ecosystem

Tendermint invests in Tgrade to bolster Cosmos’ growing DeFi ecosystem

02/24/2021
ZelaaPayAE deploys Pundi X's merchant crypto payment solutions for UAE

ZelaaPayAE deploys Pundi X’s merchant crypto payment solutions for UAE

02/24/2021
Crypto exchange technology platform HollaEx gets upgraded suite

Crypto exchange technology platform HollaEx gets upgraded suite

02/18/2021
Chainstack publishes report looking at development data on Eth2 clients

Chainstack publishes report looking at development data on Eth2 clients

02/25/2021
ZelaaPayAE deploys Pundi X's merchant crypto payment solutions for UAE

ZelaaPayAE deploys Pundi X’s merchant crypto payment solutions for UAE

02/24/2021
Tatum helps donation-based betting app Fandona complete its blockchain MVP

Tatum helps donation-based betting app Fandona complete its blockchain MVP

02/24/2021
Modulus launches blockchain-as-a-service platform for product authenticity & tracking

Modulus launches blockchain-as-a-service platform for product authenticity & tracking

02/24/2021
BitMEX adding six new perpetual contacts: ADA, DOT, EOS, YFI, UNI, and XLM

BitMEX adding six new perpetual contacts: ADA, DOT, EOS, YFI, UNI, and XLM

02/24/2021
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy


Go to mobile version