According to a press release issued on June 18, 2019, Bitbuy, one of Canada’s leading cryptocurrency exchange platforms has entered into a partnership with blockchain education website Blockgeeks to jointly develop a new platform to trade digital currencies.
Enabling the Purchase of Crypto Through Credit Cards
In a bid to make digital assets accessible to a larger audience, Canada-based Bitbuy has teamed with Blockgeeks to build a robust platform from where users can purchase major digital cryptocurrencies like bitcoin (BTC), ether (ETH), litecoin (LTC), and bitcoin cash (BCH) via their credit cards. Per the release, users will be able to buy these currencies in US dollars or Euros from Blockgeek’s website.
Major credit card company Simplex will aid the two firms with processing payments and filling purchase orders for cryptocurrencies.
Bitbuy, which has made quite a name for itself for its top-class customer care support service will provide email and phone support services to the platform, the release notes. The exchange recently also successfully completed a Proof of Reserve and Security Audit to strengthen its safety mechanism.
Adam Goldman, co-founder, and president of Bitbuy said:
“We’re excited to partner with Blockgeeks and extend our services to an international audience. We see this as a stepping stone to a full-scale international offering. We look forward to servicing the international community to continue to drive adoption.”
Similarly, educational website Blockgeeks currently attracts over 100,000 new blockchain and crypto curious every month with its large repository of critically-acclaimed content. Founded in 2016, the website is one of the most popular and trusted sources for information on anything blockchain and crypto and has also hosted several successful Ask-Me-Anything (AMA) sessions with noted personalities like Ethereum co-founder Vitalik Buterin and ShapeShift CEO Erik Voorhees.