The card will initially allow United States users to spend their cryptocurrencies anywhere, but the firm plans to expand the service globally in the future. Customers will be able to convert cryptocurrencies to USD, make purchases, get a checking account, and withdraw funds from any ATM worldwide.
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P2P Bitcoin exchange Paxful adds tether, more coins coming
Top peer-to-peer cryptocurrency exchange Paxful adds USDT stablecoin to allow customers to avoid price fluctuations, announces plans to add more cryptocurrencies
USDT support is meant to allow users to protect their funds from the volatility typical of nearly all crypto assets.
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Russia's Bitcoin markets seems to be booming as a bill to legalize it finally passes (Photo: Scopio)Crypto traders, scams grow in Russia
Peer-to-peer cryptocurrency exchange Paxful has seen tremendous growth in Russian users in the past year, while cybersecurity firms suggest the scam market is also blooming
According to peer-to-peer cryptocurrency exchange Paxful, new users grew 365% from May to May, with revenues up 350%. That hasn’t been hampered by the pandemic, with second quarter revenues up an average of 42% per month and July set to surpass that. At the same time cybersecurity provider Qrator Labs reported a spike in new cryptocurrency scams in Russia.
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Paxful and OKEx just joined forces to make it easier to buy Bitcoin without access to major fiat currencies (Photo: Philip Brewer/Flickr)Buying Bitcoin using fiat just got easier
A new partnership with Paxful means OKEx users can buy Bitcoin using 160 fiat currencies… or gift cards, if they prefer.
OKEx announced on June 15 that it has entered into a strategic partnership with the peer-to-peer Bitcoin marketplace Paxful. OKEx users will be able to purchase BTC using more than 160 fiat currencies, while Paxful users will be given direct access to the OKEx platform for trades, options and futures.
