Crypto.com, a global cryptocurrency exchange, has announced that users can now fund their Fiat Wallet using a US bank-issued debit card.
This marks a first in the US crypto market, providing users with a more convenient and rapid way to trade cryptocurrencies.
Buying crypto with a debit card
With the new feature, users can now transfer funds from their debit cards anytime, anywhere, and instantly, allowing for quicker and more efficient trading.
🇺🇸 Hello, America!
🎉 We’re rolling out a new feature to our U.S. users:
Instant card top-ups to your https://t.co/vCNztATSCO App Fiat Wallet1️⃣ Deposit USD using a debit card or Apple Pay / Google Pay
2️⃣ Instant transfers
3️⃣ Anytime anywhereLearn more 👉… pic.twitter.com/kz2Tdvrk1R
— Crypto.com (@cryptocom) May 14, 2024
Funding the Fiat Wallet is straightforward: After setting it up, users can choose to fund it with a US bank-issued debit card, Apple Pay, or Google Pay.
Of course, previously available funding methods such as Automated Clearing House (ACH), wire transfers, and direct deposits (including payroll deposits) are still available.
Derivative positions on Crypto.com
Users can now fund derivatives positions as well, such as UpDowns and Strikes Options, which offer the potential for profit based on crypto price movements without owning the underlying asset.
The announcement serves as a significant boon for crypto enthusiasts and traders, addressing a longstanding demand for swift and streamlined funding.
Moreover, it marks a significant advancement in Crypto.com’s mission to make cryptocurrency more accessible.
By blending cutting-edge technology with user-friendly design, Crypto.com continues to lead in innovation and convenience within the crypto industry, empowering users to easily take control of their finances.