Bibox, one of the top 20 cryptocurrency exchanges, rolled out another key feature to its recently launched digital asset exchange platform BiboxEurope.
BiboxEurope, released the new feature, Insta-Buy, allowing customers to purchase Bitcoin and Ethereum with EUR and GBP.
The platform accepts MasterCard and VISA credit cards, and the purchased cryptocurrency will be delivered to the user’s account within 10 minutes of the payment being processed.
That’s pretty impressive, considering the time it usually takes to get your fiat deposited on any exchange to make the purchase. While Coinbase charges 3.99% and Binance 3,5% in fees, BiboxEurope promises the lowest fees at 2.9%.
It’s definitely a good development in the European crypto markets, as there’s plenty of room to improve the adoption and ease of access to cryptocurrencies.
At the time of writing, Bibox is the 15th largest cryptocurrency exchange in the world according to the Coinmarketcap.com rankings. Bibox is also a holder of an Estonian exchange and e-wallet license.