MEXC Global Exchange Allows Card Payments For Crypto

MEXC Global – A new solution is expected to make it possible for cryptocurrency beginners from 180 different nations to start purchasing coins using standard payment methods.

MEXC Global partners with Visa and Mastercard

To enable the purchase of fiat cryptocurrency, MEXC Global partners with Visa and Mastercard. According to the press release shared by the MEXC Global team, its crypto exchange started supporting fiat-to-crypto payments on June 30, 2022.

As such, every user of MEXC can purchase cryptocurrencies in amounts up to $5,000 in equivalent with his/her debit and credit cards in a single transaction.

Anthony Guo, the head of payment at MEXC, highlights the critical importance of such integrations for the progress of global crypto adoption:

By enabling crypto purchase through Visa and MasterCard directly, MEXC is delivering a faster, simpler, and more connected experience for its users — making it easier for users to convert fiat into crypto assets, which opens up the ownership of cryptocurrency to millions of people where bank card is the dominant medium of transaction.

As Visa and MasterCard combined generated $8.46 trillion in payments processed in 2021 only, this collaboration unlocks amazing opportunities for all participants in digital assets trading markets.

Launch of MEXC’s Global Bank Transfer Program

The team at MEXC Global also emphasizes how this collaboration fosters a symbiotic business connection that can accelerate the development of crypto technology.

MEXC Global debuted its Global Bank Transfer Program option earlier this year. Users in North America and Europe can buy and sell cryptocurrency from their bank accounts through the SWIFT and FedWire networks when the Global Bank Transfer Program is activated.

Customers can use this instrument without paying any costs.

The two most well-known dog-themed memecoins have been added to MEXC Global’s collection of assets. Shiba Inu Coin (SHIB) and Dogecoin (DOGE) can be exchanged for Bitcoin (BTC), U.S. Dollar Tether (USDT), and other popular altcoins.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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