Luno Bitcoin Exchange Opens Debit and Credit Card Purchasing Options

Luno the Bitcoin Exchange is Now Offering to Buy With Credit or Debit Card

A bitcoin and ether exchange, Luno, has just announced its expansion for the user accounts deposit option that was offered in Europe to include credit and also debit card transactions. What this means is that the European clients are now able to buy Ethereum and Bitcoin at a cheaper rate, made easier for them, and is much faster than they had experienced on the Luno platform.

With this new update in place, customers will be able to instantly deposit up to about 1,000 EUR in their Luno wallet. The only thing is that the platform has put a monthly limit of about 5,000 EUR.

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The regulators in the market have finally started taking the needed interest in cryptocurrencies, and also the high profile corporates are even climbing aboard this speeding ICO train. As there is increasing popularity taking place in the market, more and more people are looking for smoother transitions that will get them onto this ever-growing, the ever-changing financial system in the market.

Having all this in mind, the company went ahead to run an experiment that will help them gauge as to whether their customers would be interested with the introduction of a new method of funding their wallets. A new method that would ensure the users would cut down the time they took in just purchasing a Bitcoin.

From the company pool of customers who were given the option to either deposit funds by credit or debit card, the company was able to witness a 300 percent success rate; this is over those few customers who opted for the traditional bank transfer. From this experiment, it is clear it is an acceptable move for the company. Thus, they are going ahead to launch the new concept to their European customers.

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