Coinomat Launch Digital Currency Withdrawal Service to Visa & Mastercard

Cryptocurrency Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term service Coinomat are now supporting crypto coin withdrawals, allowing customers to transfer them to their Visa or Mastercard debit cards.

Launched back in November last year, Coinomat gave clients the ability to almost instantly exchange their Bitcoins to Litecoins and vice versa.

Their new withdrawal service currently supports three coins, namely Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term, Litecoin and Peercoin, but other digital currencies will be supported later on. However, the transfer will only be made in US Dollars, so if you haven't got a Dollar based bank account, you're at the mercy of your bank's exchange rate.

Coinomat on their website mention,

"Dear clients, now you are able to withdraw your cryptocurrency to your VISA or Master card through our service. We support all VISA and Mastercards worldwide... If we are unable to transfer funds to your card your exchange is refunded."

The transfer will take between two to four days to complete.