Crypto.com, a global cryptocurrency exchange, announced that users can now deposit funds into their fiat wallets using US bank-issued debit cards.
This is a first for the US crypto market and provides users with a more convenient and faster way to trade cryptocurrencies.
Buy virtual currency with a debit card
This new feature allows users to instantly transfer funds from their debit cards anytime, anywhere, enabling faster and more efficient transactions.
Funding your fiat wallet is easy. After setup, users can choose to fund from a US bank-issued debit card, Apple Pay, or Google Pay.
Of course, you can still use the funding methods that were available to you previously, such as Automated Clearinghouse (ACH), wire transfer, and direct deposit (including payroll deposits).
Derivative positions on Crypto.com
Users can now also fund derivative positions such as up-down and strike options, which offer the potential to profit based on cryptocurrency price movements without owning the underlying asset.
This announcement is a huge boon for cryptocurrency enthusiasts and traders, fulfilling a long-standing demand for quick and streamlined funding.
Additionally, this marks a significant advancement in Crypto.com's mission to make cryptocurrencies more accessible.
Crypto.com continues to lead innovation and convenience in the cryptocurrency industry by blending cutting-edge technology with user-friendly design, making it easy for users to manage their finances.
