Even though many customers are still struggling with the idea of purchasing Bitcoin from an exchange through bank transfer, there are other solutions available. Not just in the form of using Bitcoin ATMs, which are also a great way to buy Bitcoin. Bitcoin exchange 247Exchange is making the process of buying Bitcoin with a credit card even smoother than it was before.
Making The Bitcoin Buying Process More Consumer-friendly
In our latest article on how to buy Bitcoin, we mentioned that using a credit card is not possible when it comes to Bitcoin from most traditional exchanges. However, there is one emerging exchange that has integrated card payments for buying Bitcoin into their platform. 247Exchange.com is best known for allowing purchases and withdrawals through most major credit cards.
On top of that, 247exchange.com welcomes users from all over the world to buy and sell Bitcoin through their [prepaid] credit or debit cards, as the platform works with various local currencies. Even though customers still have to go through a verification process, the overall procedure time has been improved. Furthermore, the list of accepted card providers has been recently increased.
“We integrated the feature of instant buying Bitcoin with credit/debit cards in the end of 2014. It quickly became demanded, but the process seemed little complicated for our clients. We studied all the feedback and decided to make some upgrades, because we take care of our customers. So, we made limits bigger due to the numerous requests from our clients. As a result, now we have the fastest growing and highest card purchase limits on the whole market” – 247exchange.com Founder Anton Vershchagin told DigitalMoneyTimes.
Despite credit and debit cards being subject to high fraud and chargeback rates, 247exchange prides itself upon completing these orders within seconds. Doing so allows customers from anywhere in the world to buy Bitcoin in just a few clicks with their preferred online payment method [assuming they are verified].
Making Credit Card Purchases Even More Appealing
247exchange.com has taken the process of buying Bitcoin with a credit or debit card one step further, as customer limits will now rise faster than ever before. Furthermore, traders looking to buy large quantities of Bitcoin will now be able to do so by using card payments, without any difficulties or delays.
“For example, earlier it took over two months to get $250/day limit, but now – only one. We’ve also integrated the “custom limits” option for most trusted clients, so, if the client needs an increase – he just makes a request and we’ll see what we can do.” – 247exchange.com CEO Alexey Maximenko explained.
Additionally, the platform’s user interface has been tweaked and optimized to make the whole digital currency experience even smoother for novice users. To achieve that goal, 247exchange.com has added step-by-step video guides, detailing every aspect of buying and selling Bitcoins through the platform.
“We modified the whole procedure of limit calculation making it easier to understand. We also added the information about user’s current limits to “My cards” section and added reminders about availability of a new level. There’s no doubt that new increased credit card limits give much freedom for the crypto users all over the world and open new availabilities for them” – Alexey Maximenko concluded.
Source: Press Release via Email
Images courtesy of 247Exchange, Shutterstock