Netagio Adds Credit/Debit Card Option for Funding Bitcoin Trading Accounts

Bitcoin trading and storage service Netagio now allows credit and debit card Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term for funding your account.

Since launching its gold-inspired storage service just over one year ago, the company has shifted more focus onto its trading offering. Late last year, it got out of the gold business and added USD and EUR order books to its existing GBP-based market.

The company has not published statistics for its trading offering. Judging by the spread of £29.50 (21%) for its euro order book, volumes and Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term are likely fairly low.

The addition of the payment options, which are not found on most bitcoin exchanges, may give some traders incentive to make the switch. However, there are fees: 3.8% for cards registered in the European Economic Area (EEA) and 4.8% for cards that are not.

For traders that don't mind acting as market makers, trading fees are only 0.1%. Such rates are better than average for the industry, albeit not so well known. Market takers removing liquidity from the market pay 0.5%.

The credit and debit card payments are being facilitated through WalPay, an Isle of Man-based payment processor which reportedly has strong banking relationships.