The popular cryptocurrency platform Xcoins.com announced the launch of an instant cashout function for the users living in the EU and United Kingdom.
The EU and UK customers will be able to cash out their cryptocurrency to their debit or credit card in a matter of minutes for absolutely no additional fee using the Instant Cashout feature.
Users of Xcoins.com will be able to access their funds immediately, as opposed to typical bank account transfers, which can take days to process.
Furthermore, with Instant Cashout users will no longer be required to link their bank account to Xcoins.com, while maintaining the best security requirements.
Based on the Payment Card Industry Data Security Standard, money transfers are made immediately by an acquiring bank, directly to the user’s credit or debit card.
Xcoins.com users may now spend crypto directly from their credit card by routing transactions via card numbers, making it even easier to use.
The platform already provides payment methods that include Visa or Mastercard debit/credit cards, SEPA for EU customers and Faster Payments for UK customers.
Yesterday US-based crypto company Bitrefill launched a new bill payments service that enables US citizens to pay their bills and taxes with cryptocurrency. They can use it to pay their credit card bills, healthcare, utilities, mortgage payments and 20,000 other various bills with cryptocurrency.
