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You can now buy cryptocurrency through MEXC Global with Visa and MasterCard
06.07.2022
The cryptocurrency trading platform has made it easier and cheaper for users in at least 180 countries to purchase cryptocurrencies within $5,000 per transaction.
These changes are based on the desire to form a connected user experience and make it easier. E. Guo, the head of the payment department at MEXC, speaks about this. He also adds that by allowing users to purchase cryptocurrencies using Visa and MasterCard, it will be easier for them to convert fiat to cryptocurrencies. Thus, a huge number of people will have ownership of the cryptocurrency, provided that the bank card is a priority tool for making payment transactions.
Increasingly, the cryptocurrency trading platform is launching channels for those who own fiat and want to buy cryptocurrency, while using a simple and familiar payment method. Visa, MasterCard and other standard payment methods are used by those who own fiat. This is not affected by the gap in regards to cryptocurrencies, blockchain payment ramps and remittances.
Speaking about these payment systems, it should be noted that their improvement has been going on for a long time. They are characterized by a reliable global partner network (primarily in the financial sector). But it is also true that solutions related to cryptocurrency are still under development. MEXC is striving to bridge this gap. She wants to connect the 2 spaces in order to quickly start using digital assets. In addition, it takes into account the large superiority in terms of costs associated with the formation of digital assets.
Visa and MasterCard are now committed to stimulating the use of cryptocurrencies. It is beneficial not only for them, but also for users. In particular, thanks to the decision, there will be an increase in the profits of MEXC (from users), as well as Visa and MasterCard (from fees). Users will also have the ability to quickly move between the cryptocurrency and fiat spaces. Moreover, they will not have to learn the various nuances of interaction with complex systems.
This type of partnership was approved after the successful launch of the Global Bank Transfer Program (through which the SWIFT and FedWire networks can be used by US and European users of MEXC Global for deposits and withdrawals). Those who purchase cryptocurrencies through the program do not have to pay a trading fee. In addition, MEXC Global has other successes: P2P trading has begun to operate, an over-the-counter payment service has been opened. Users also have the right to use third-party sites if they are approved (Banxa, Simplex).
These changes are based on the desire to form a connected user experience and make it easier. E. Guo, the head of the payment department at MEXC, speaks about this. He also adds that by allowing users to purchase cryptocurrencies using Visa and MasterCard, it will be easier for them to convert fiat to cryptocurrencies. Thus, a huge number of people will have ownership of the cryptocurrency, provided that the bank card is a priority tool for making payment transactions.
Increasingly, the cryptocurrency trading platform is launching channels for those who own fiat and want to buy cryptocurrency, while using a simple and familiar payment method. Visa, MasterCard and other standard payment methods are used by those who own fiat. This is not affected by the gap in regards to cryptocurrencies, blockchain payment ramps and remittances.
Speaking about these payment systems, it should be noted that their improvement has been going on for a long time. They are characterized by a reliable global partner network (primarily in the financial sector). But it is also true that solutions related to cryptocurrency are still under development. MEXC is striving to bridge this gap. She wants to connect the 2 spaces in order to quickly start using digital assets. In addition, it takes into account the large superiority in terms of costs associated with the formation of digital assets.
Visa and MasterCard are now committed to stimulating the use of cryptocurrencies. It is beneficial not only for them, but also for users. In particular, thanks to the decision, there will be an increase in the profits of MEXC (from users), as well as Visa and MasterCard (from fees). Users will also have the ability to quickly move between the cryptocurrency and fiat spaces. Moreover, they will not have to learn the various nuances of interaction with complex systems.
This type of partnership was approved after the successful launch of the Global Bank Transfer Program (through which the SWIFT and FedWire networks can be used by US and European users of MEXC Global for deposits and withdrawals). Those who purchase cryptocurrencies through the program do not have to pay a trading fee. In addition, MEXC Global has other successes: P2P trading has begun to operate, an over-the-counter payment service has been opened. Users also have the right to use third-party sites if they are approved (Banxa, Simplex).
