Cryptocurrencies have been getting a lot of mainstream media attention lately. Good or bad no one can deny that this emerging asset class has once again captivated the minds of the general public. This could be the beginning of a new onboarding cycle for the next generation of crypto users.
Many players in the industry are making this onboarding process a whole lot easier. CryptoLocally is one of those players. Their latest update effectively made them one of the simplest and fastest venues for transitioning from fiat currencies to cryptocurrencies.
CryptoLocally recently announced that they have added credit cards and SEPA transfers to their payment options. This will allow their users to buy BTC, BNB, TRX, EOS, and ETH instantly without going through the usually complicated process of acquiring them.
This new update will be a welcome addition to the newly supported payment gateways they recently added. These include Google Pay, Skrill, Paytm, and Western Union. Users who wish to use credit cards will be required to undergo KYC verification for regulatory compliance.
Because credit cards are heavily regulated, some restrictions may apply depending on your jurisdiction. A list of unsupported countries and US states can be found here.
Since CryptoLocally’s inception, the development team has been hard at work developing its platform. Their strong desire to provide customers with the very best peer-to-peer trading experience has positioned them ahead of their competition.
They are notably quick when it comes to identifying and supporting relevant projects in the industry as well as in augmenting available payment channels within CryptoLocally’s ecosystem. CryptoLocally’s decision to support the use of credit cards and SEPA transfers on their platform is a classic example of how fast they react to market conditions to further enhance the trading experience.
Those who are interested in learning more about these exciting new service offerings can read CryptoLocally’s official announcement on Medium. The announcement also includes a step-by-step guide on how to conduct trades on their site. If you require further assistance, CryptoLocally’s support team is always available via the website’s live chat or their official Telegram channel.
Disclaimer: This is a paid post and should not be considered as news/advice.