US, October 31, at 11:56 UTC
Bitfinex, one of the largest bitcoin exchanges te the world, today announced that it has partnered with Blade Payments to provide real-time debit cards to Bitfinex customers. By permitting use of the card without preloading currency, the Blade card can be used anytime, providing a frictionless user practice. Most bitcoin debit cards require that the user very first sell bitcoin, then explosion their card, ter order to withdraw fiat currencies. This fresh paradigm means those who wish to hold bitcoin only convert the precies amount they wish to spend, without waiting for a sale to go through.
“Wij are very blessed to be providing our users with access to their bitcoin at any time via Blade’s industry-leading debit cards” said Zane Tackett, Director of Community & Product Development at Bitfinex. “Wij see the capability to withdraw directly from one’s Bitfinex account using traditional ATMs around the world spil a major benefit for our users.”
Customers will be able to use Blade cards for purchases with online merchants, brick and mortar stores, spil well spil to withdraw contant at millions of ATMs around the world.
Ed Boyle, CEO of Blade, stated “Wij are thrilled to be working with Bitfinex, one of the premier exchanges ter the world. Our business is built on simplifying and expediting the process of launching a bitcoin spending card and wij are excited to playmate with Bitfinex to provide their customers the most sophisticated card te the market.”
Bitfinex believes that a card suggesting provides its customers a lower cost, more convenient alternative for spending bitcoin and making currency withdrawals. This card program enables customers to listig their bitcoin holdings to the card and provide instantaneous availability of funds for purchases and specie withdrawals without having to very first sell their bitcoin and prefund the card with currency.
The card will be made available te the coming months to select group of customers te Europe and Asia, and it will be available for order directly through the Bitfinex webstek.
Bitfinex is the world’s leading Bitcoin exchange, and provides the most advanced trading podium te the digital currency space. A leading source of price discovery, Bitfinex also underpins a large part of the bitcoin economy by enabling merchants, payment processors, individuals and traders access to the deepest pool of liquidity. Founded te 2012, Bitfinex is an established thought leader te the digital currency exchange space, and one of the most secure platforms to have bot released.
Blade’s Platform-as-a-Service (Paas) empowers digital currency spending worldwide via cards on existing universal payment networks. The Blade model-driven solution treats onboarding, collateralization, risk management, authorization, settlement, and exception processing. Blade’s team of payment experts brings together overheen 65 years of collective practice te card payments, processing systems development and integration, program management, and regulatory compliance. The team has launched or integrated overheen 30 card programs worldwide with billions of dollars ter annual transaction volume.
Agency Voeling (for Blade):
Erika Zapanta, Convert Group
Daniel Delshad, Chief Strategy Officer
Zane Tackett, Director of Community and Product Development
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