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Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

CEX.IO: For the Most Simplified Bitcoin Buying Experience

Yashu Gola
Yashu Gola
7 years ago
1 min read
CEX.IO Now Enables You to Buy Bitcoin With Credit Cards Anywhere. newsbtc bitcoin news

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It takes more than just technical features to influence an individual to enter Bitcoin market, believes CEX.IO.

The global Bitcoin exchange — known to be among the firsts in the industry — has been lately focusing on one specific problem that has hampered the growth of Bitcoin trading in recent times — the inflexibility users face while purchasing the digital currency. According to CEX.IO, a trader always fears of losing out during the choppy market scenarios.

“Bitcoin, as one of the most volatile trading assets, brings enough intraday opportunities for traders to churn out the maximum profits,” stated Jeffrey Smith, Chief Information Officer. “But a sluggish buying experience keeps these speculators from entering the market on a right time. Every second is important when it comes to trading Bitcoin.”

He added: “As one of the oldest running Bitcoin exchanges around, we have always believed in simplifying traders’ experience while depositing funds. We are constantly working with our partners to offer the best conditions for buying digital currency with payment cards.”

CEX.IO has recently announced that it is lowering the fees for payment card deposits in USD and EUR to 3.5% + $0.25/€0.20 respectively. It is the second time in three-months when CEX has scaled down its deposit fees. Prior to that, the exchange had also partnered with payment solution provider AstroPay to enable local currency cash deposits and withdrawals in Latin America.

“Apart from extending payment methods, we are planning to present the long-awaited original CEX.IO mobile app for Android and iOS shortly,” said Helga Danova, Communications Officer. “The app will enable users track up-to-date Bitcoin price and control their trades wherever they are.”

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Yashu Gola
Yashu Gola

Yashu Gola

Yashu Gola is a Mumbai-based finance journalist. He is profoundly active in the bitcoin space since 2014 – and has contributed to several cryptocurrency media outlets, including NewsBTC, FxDailyReport, Bitcoinist, and CCN.

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Academically, Yashu holds a bachelor's in information technology, with majors in data structures and C++ programming language. He has also won the 'Atulya Award' for his efforts towards raising $100,000 for an India-based farming project.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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