UK-based cryptocurrency exchange Paybis has added a rare facility for users to purchase Bitcoin with a credit card.
Paybis, which also operates from Latvia and the US, developed the “Bitcoin with Credit Card” feature specifically to allow instant purchase, coins being released as soon as the transaction is processed.
Verified users can purchase up to $5,000 of BTC at once, subject to a $20,000 monthly limit.
While exchanges serving the UK market have traditionally been seen as somewhat poorer value due to banking regulations, charging around £10 for fiat withdrawal or deposit, Paybis looks set to circumvent the issue.
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