More

    Refundo Rolls Out Federal, State Tax Refund Payouts in BTC, BCH, ETH, and XRP

    According to a press release from tax service provider Refundo, American taxpayers will be able to receive their federal tax refunds in Bitcoin Cash (BCH), Ethereum (ETH) and XRP, aside from Bitcoin (BTC).

    Before these cryptocurrencies were added, 141 million Americans could receive their tax refund only in Bitcoin (BTC), so Refundo thought, it’s time to make some additions. In May 2019, it launched the CoinRT product that allows people to receive tax refunds in BTC, the product that was created in partnership with BitPay, the crypto payment processor.

    CoinRT Is Very Easy to Use

    Taxpayers just need to create their RefundoCoinRT account, after which they’re being given a unique account and routing number that they have to put on their tax return, together with the background details of the Know-Your-Customer (KYC) regulations and their BTC, XRP, BCH or ETH wallet address.

    As soon as the IRS or the state makes a direct deposit of the tax refund into their account, Refundo takes over to process the refund and to deposit cryptocurrency in the designated crypto wallet. This service costs only $34.95 and only needs to be paid once.

    Refundo Customers Will Be Allowed to Access Their Refunds Seamlessly

    The CEO of Refundo, Roger Chinchilla, says customers of his company will be able to access their refunds seamlessly. These were his exact words, as outlined in the press release:

    “We love new technology and we’re always looking for opportunities to help our customers get access to their tax refund in a seamless manner and however they see fit. When we launched support for Bitcoin last year, we knew we were just getting started. Cryptocurrencies are increasingly faster, lower cost, and fit the need of the underbanked. We are pleased to be able to support BCH, ETC, and XRP and look forward to adding other cryptocurrencies in the near future.”

    The other great news here is that other cryptocurrencies are going to be soon added to Refundo.

    Get Free Email Updates!

    *Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

    I will never give away, trade or sell your email address. You can unsubscribe at any time.

    Oana Ularu
    Oana Ularu
    Curious about what’s going on with all the money in the world, Oana is bringing you the latest news in the crypto world. She’s aware of the fact that you need to know everything that’s happening on the financial scene in order to play the cryptocurrency market, so you can count on her to share with you every little detail on what matters.

    [Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

    [Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    3,287FansLike
    2,765FollowersFollow
    4,135FollowersFollow

    Live Bitcoin Price & Latest BTC Charts

    Today's Latest Crypto News

    Litecoin (LTC) Price Analysis (February 21)

    • Moment to buy, not short! may reverse to the top of the channel soon. • Bulls are returning back gradually. LTC/USD Medium-term Trend: Bullish • Resistance...

    Bitcoin Cash Dev Proposes ‘BCH Node' To Avoid An Unwanted Chain Split, Roger Ver On Board

    The Bitcoin Cash (BCH) client upgrade scheduled for May, 2020 has raised heated arguments on some of its aspects. However, one BTC developer on...

    PAX Stablecoin Issuer Paxos Settles First US Equity Trade Using Blockchain

    The first blockchain-based settlement of US equities was claimed by Paxos, the New York-regulated cryptocurrency startup, Instinet, the broker dealer owned by Nomura, and...

    Ripple (XRP) Price Analysis (February 20)

    Key Highlights XRP's price strength has once again overpowered by the US dollar market worth. A fiercely breakthrough of a $0.30 mark will portend...

    Sweden's Riksbank Launches Its Central Bank Digital Currency (e-Krona) Testing

    Sweden is getting closer and closer to issuing its own central bank digital currency (CBDC), as it already started testing the e-krona. The pilot program...

    Australia’s National Stock Exchange Is Building A DLT-Based Real-Time Trading Platform

    Both companies listed publicly, NSX Ltd., which is the owner of the National Stock Exchange of Australia, and the financial institution known as iSignthis...

    BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.