Topic: [2015-07-20]CEX.IO Adds Deposit and Withdrawal Options via AstroPay, Enables Buy (Read 409 times)

We are glad to announce extending options for funding accounts and withdrawing money through partnership with AstroPay, which enables payments in local currency in the LATAM region, China and Turkey.

“Our decision to choose AstroPay as a partner is based on a thorough research of the LATAM region and multiple requests from CEX.IO users,” Jeffrey Smith, Chief Information Officer, CEX.IO. “Literally, our users will be able to buy Bitcoin for cash in their local currency. And that is incredible.”

AstroPay enables two alternative ways of depositing funds to CEX.IO account — via online bank transfer or with cash. In the first case, a user logs in to their online banking cabinet and confirms the payment. When choosing a cash payment method, a user gets an electronic document with a unique bar code, which should be used to pay with cash in local currency at one of the terminals. Withdrawals are available via bank transfer only.

With a tangibly low commission of 2.5%, deposits via AstroPay online banking takes a few minutes till several hours, and withdrawals — about 1-2 business days. Notably, only users who have completed identity verification according to CEX.IO AML/KYC policy will be able to use AstroPay payment solutions, which are fully compliant with each country’s banking regulations.

The full list of countries allowed for AstroPay payments includes: Argentina, Brazil, Chile, China, Colombia, Peru, Mexico, Uruguay, and Turkey.