Huobi has expanded its support for Visa and Mastercard credit and debit cards worldwide.
The new payment service is provided by Huobi Technology, DLT, which is regulated by the Gibraltar Financial Services Commission.
Prior to this integration, Huobi previously supported Visa and Mastercard transactions through other payment service providers, but the launch process required users to perform Know Your Customer (KYC) from a separate interface. Huobi Gibraltar conducts user registrations including KYC, but the new integration allows users to register and trade through a single interface. Huobi believes that this will enable users to participate in trading faster and easier.
Ciara Sun stated that Huobi creates a better user experience by eliminating unnecessary steps in the user’s journey, making it easier to buy cryptocurrencies without leaving the exchange.
Huobi Exchange is the third largest cryptocurrency exchange in terms of trading volume. Huobi said that with this payment integration, its users can now access fiat-to-crypto gateways through Visa and MasterCard payment services. Holders of Visa cards in a number of European countries, as well as Australia, have received the right to purchase BTC, ETH, XRP, LTC and other major cryptocurrencies. Mastercard holders can also use the payment service for cryptocurrency transactions in countries such as the UK, Gibraltar, France, Poland, Czech Republic, the Netherlands, and Australia.
Supported fiat currencies include ALL, BGN, CHF, CZK, DKK, EUR, GBP, HRK, HUF, MDL, MKD, NOK, PLN, RON, SEK, TRY, UAH, HKD, AUD, and USD.
The material was prepared by an anonymous author from open sources.