Bitcoin To Credit Card: 247exchange.com Makes Converting Bitcoin To Fiat Easy
International Bitcoin and cryptocurrency exchange 247exchange is pleased to announce the funding of credit and debit cards with Bitcoins and altcoins as a convenient withdrawal method. Bitcoin now buys anything, anywhere, worldwide.
BELIZE CITY, Belize, Feb. 11, 2015 /PRNewswire/ -- Bitcoin exchange platform 247exchange.com, managed by InterMoney Exchange™ has launched a new global feature – withdrawing Bitcoins directly to credit/debit card. It works with both Visa and MasterCard providers. Credit and debit cards of different types including prepaid are supported. Users can also choose the currency to load their cards with (for example USD or Euro).
"It's always been a headache for everyone to exchange Bitcoin to fiat money with minimal losses. If you look at the market, you'll see that only a few companies offer such services as withdrawing cryptocurrencies to credit cards. Maybe we're not the pioneers, but we're among the first ones. With our service Bitcoin becomes one step closer to real money. It's never been so easy to transform Bitcoin into USD, Euro or another fiat currency," says 247exchange.com CEO Alexey Maximenko.
At the end of last year 247exchange integrated credit/debit cards for buying cryptocurrencies and is now pleased to also offer this service for selling Bitcoin. In fact, this innovation of 247exchange not only offers smooth Bitcoin to fiat conversion; clients can also pay bills such as common utility bills with Bitcoin. The option can also be used by customers to make loan repayments.
Goods and services worldwide previously payable only with USD, EUR and other fiat can now be easily purchased with cryptocurrencies such as Bitcoin, Litecoin, Peercoin, and Namecoin. With unprecedented flexibility Bitcoin users anywhere can now make online and offline purchases with crypto linked credit and debit cards. No bank account required. Also, they can receive cash for Bitcoin in over 3 million ATMs around the globe.
247exchange's card solutions are also extremely useful for "unbanked" populations in developing nations and regions.
For small and medium payments the fees will be less than in the case of using bank wire transfer as a withdrawal instrument. This feature is convenient for miners, traders, freelancers, and everyone else who regularly withdraws amounts of Bitcoin into fiat for their current needs and expenses. Also, it allows the crypto user to transfer money to his friends and relatives.
To withdraw Bitcoin or another cryptocurrency to credit/debit card, the user simply submits an order in the sell section of 247exchange.com to initiate the verification process. 24/7 support is always on hand to assist customers via live chat or by phone.
About 247exchange.com:
247exchange is run by InterMoney Exchange™, a group of financial companies. The innovative platform has many withdrawal methods: bank wire, SEPA transfer, local bank transfer in Australia and Europe, e-wallets, and now – credit and debit cards.
"We already offered our customers a solid choice of how to pay for Bitcoin. And now we're also expanding our withdrawal options, because our mission is to create and provide the new standard for digital currency exchange services all over the world – fast, convenient, secure and available for everyone," Andrey Vereshchagin, InterMoney Exchange™ marketing director explains.
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To learn more please go to: http://247exchange.com
Twitter: @247exchange_com
SOURCE 247exchange
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