Individual investors can now use either VISA or Mastercard to buy Bitcoin (BTC) and Ethereum (ETH). BitMart Exchange, a global asset trading platform, announced their partnership with an EU-authorized financial institution to offer credit/debit card deposit service.
Merchants will now accept debit or credit card payments, without risk of exposure to fraud chargeback. Users will now be able to buy and deposit funds on BitMart Exchange while benefitting from a smooth e-commerce experience, by integrating BitMart’s financial partner’s credit card processing solution.
The U.S. office of BitMart Exchange was officially registered as a money service business (MSB), earlier this year, with the U.S. Financial Crimes Enforcement Network (FinCEN). BitMart can now perform crypto-to-crypto trading in most U.S. states and territories. With the availability of fiat deposit, BitMart will further offer fiat trading service in the near future.
Sheldon Xia, Founder & CEO of BitMart quoted, “BitMart’s mission is to offer convenient and secure financial services in the crypto trading market. 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.”
BitMart also aims to incorporate new features including future contract trading, whole-network trading and decentralized trading by early 2019, in addition to providing fiat service.