The team of the popular exchange of digital assets Poloniex gave its users the opportunity to make the Deposit and withdrawal of funds through an account registered in a financial institution. Also, the platform offered to buy the cryptocurrency through a classic Bank cards.
New ways to buy crypto assets on Poloniex! Customers in 80+ countries can deposit or withdraw $USDC directly from their bank account. Customers in 60+ countries can now buy $BTC using their debit or credit card: https://t.co/WIhdScej5W
— Poloniex Exchange (@Poloniex) July 9, 2019
What has changed?
According to the data presented in this release update, the ability to make the Deposit and withdrawal of funds via Bank account available to users from more than 80 countries. This work will occur as follows:
the user makes replenishment from your Bank account;
the system automatically converts funds to stablon USD Coin (USDC);
the new value of balance is displayed in the account.
Further, on the basis of the converted funds, the user will be able to perform the necessary operations on the site.
It is noteworthy that the input and output means provided in a way set the limits. So, in a week, users must meet the $50 million (with completion) and $25 million (the output). The organizers of the project said that in case of necessary, the limits can be adjusted.
Maybe the updates will have a positive impact on the popularity of the platform. At present the share of the Poloniex market as follows:
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Another update was realised through the launch of the partnership with Simplex. Poloniex users suggested buying bitcoins using traditional Bank cards.
It is known that the Commission will be 3.5% or $10 (the final value depends on the amount of purchase).
We will remind, in the autumn it became known
that Poloniex has decided on the termination of margin trading on the exchange.