Cryptocurrency exchange platform, Coinimal, now accepts Neteller as a payment option.
In a groundbreaking move, Coinimal, a Bitcoin exchange based in Vienna, Austria, has partnered with Neteller, a leading online wallet system. This partnership marks a significant step forward in the integration of Bitcoin into mainstream financial systems.
The agreement allows users to deposit with Neteller and instantly purchase Bitcoins, Litecoins, and NXT coins. Neteller's acceptance of Bitcoin deposits broadens the accessibility of Bitcoin transactions for its users, opening various payment options such as credit cards, prepaid cards, and bank transfers to Coinimal's customers.
This development is significant for the industry as it enables several million Neteller users to deposit with Bitcoins without paying deposit fees. The absence of deposit fees for Bitcoin transactions using Neteller is a notable advantage for users.
Coinimal is the first crypto merchant in the world to accept Neteller officially. Paul Klanschek, Coinimal CEO, stated that Neteller chose to do this pilot project with Coinimal due to their perceived sophistication, seriousness, and stellar compliance as a Bitcoin gateway.
Eric Demuth, Chief Executive Officer at Coinimal, expressed pride in this development. He noted that the partnership expands the options for Bitcoin transactions using Neteller, potentially increasing the adoption and use of Bitcoin and other cryptocurrencies.
Neteller now allows Bitcoin deposits, converting them into fiat-money at the market rate. This partnership between Coinimal and Neteller is the first of its kind for Neteller.
Interestingly, besides Neteller and Coinimal, the search results do not mention any other online wallet units offering direct payment options for Bitcoin, Litecoin, and NXT coins. This partnership could potentially revolutionise the way Bitcoin transactions are conducted, making them more accessible and convenient for millions of Neteller users worldwide.
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