Cryptocurrency exchanges will help the industry grow beyond its current capacity. Doing so requires accepting common payment methods, and Bittrex Global is doing exactly that.
It has been a while since Bittrex Global made news headlines.
Mastercard Funding for Bittrex Global Users
Not because the company isn’t working hard, but simply because altcoins haven’t had the most appeal since late 2017.
Changing that narrative was a matter of time for the company.
As of today, Bittrex Global will accept Mastercard transactions by users looking to fund their exchange accounts.
Credit and debit cards are the most common payment method globally.
Accepting them is, in this modern day and age, virtually necessary to play any role of significance.
For the time being, Bittrex Global will accept this payment method from users in 36 countries.
All transactions will be subject to a 3% processing fee.
Such a high fee is one of the reasons why companies accepting card payments want to find viable alternatives.
Increasing and improving cryptocurrency adoption will require lowering the barriers to entry.
Bittrex Global is setting the tone for other smaller trading platforms to follow in the near future.
Previously, the company already accepted Visa, debit cards, and USD wire transfers as payment methods.