Alfacash is already offering the trading of 30+ cryptocurrencies for fiat (and vice versa) in a fully non-custodial and automatic process. Several payment methods, including credit cards, are available. Now, the users will enjoy a wider offer when using this payment, thanks to the new partnership between Alfacash, Coinify, and Mercuryo.
Founded in 2014, the Denmark-based Coinify is a global virtual currency player offering two-way virtual currency to fiat conversion services. They take care of all the hurdles (KYC, AML, Source of Funds, etc.) to offer seamless trading for the users.
For its part, Mercuryo offers a cross-border payment network, including fiat and crypto payments. It was founded in 2018, and already has offices in Estonia and the United Kingdom. Last January, they expanded their services to the United States as well. Mercuryo promises “to manage crypto without handling compliance” to their customers.
By partnering with Alfacash, the users of this exchange will have the chance to select the best option to pay for their cryptocurrencies with a credit card.
How does it work?
- Select “Buy with card” on the Alfacash website.
- Set the currencies and the amount to buy. You’ll also need to type a cryptocurrencyA digital currency running on a blockchain and built with cryptography. Contrary to central-bank issued currency, cryptocurrency issuance rules are... addressAn address is a blockchain equivalent to a bank account number in the traditional financial system, or an email address.... More under your full control. If you don’t have one yet, we’ve prepared a useful guide for you!
- Choose between Coinify or Mercuryo. Both of them will offer you fast transactions with competitive rates in different countries.
- Next, you’ll be redirected to the checkout. You’ll need to share your card data (Mastercard or Visa) and accept the terms to finish the transactionA cryptocurrency transaction is an entry on the blockchain ledger, noting sender, receiver and number of coins transacted..
- That’s it. Check your cryptocurrency walletA crypto wallet is a user-friendly software or hardware used to manage private keys. There are software wallets for desktop... to discover your new coins!
Advantages of buying cryptos with credit card
- Very easy process. The steps are intuitive and anyone can do it from any part of the world.
- Instant transactions. While other payment methods, like bank transfers, can be delayed for several factors, this one is immediate.
- Without security risks. The credit card is under your control, and also your cryptocurrency address.
- You can pay later with your earnings! It’s a credit card, after all.
Next for Alfacash
- Support for international bank cards worldwide (pay-in/pay-out features)
- Our own card program for 2021
- Discounts, special programs, and more exciting blog posts and videos on our YouTube channel
- Find the full list of supported cryptocurrencies and rates here. They also include BitcoinBitcoin is the first decentralized digital currency. It was created in 2009, by an anonymous founder or group of founders... More (BTCAn abbreviation for Bitcoin.), Bitcoin Cash (BCH), Ethereum (ETH), Monero (XMR), and XRP
To join the conversation, you can follow Alfacash on Telegram and Twitter.
Cheers from the Alfacash team!
