Coinsbit customers will be able to buy cryptocurrency via POS terminals

The Coinsbit cryptocurrency exchange, licensed for trading in the EU, reported on integration with 200,000 POS terminals, which will allow customers to purchase digital coins for Fiat without intermediaries. This was reported to BlockchainJournal by company representatives.

The terminals belong to the Cylcebit startup and are located around the world, including South Korea, Vietnam, China, India and other countries.

Available for purchase cryptocurrency, listed on the stock exchange and POS-terminals. According to the developers, in the future, this model will provide an opportunity to take Fiat during IEO.

Note that currently 24 pairs of cryptocurrencies are traded on the Coinsbit exchange. The most popular are BTC / USD, LTC / BTC, BNB / BTC, ETH / BTC, LTC / USD, LTC / ETH, ETH / USD, DOGE / BTC, ETC / BTC, BNB / ETH.

Thanks to CoinsbitCode technology, transactions within the exchange are carried out without commissions. The exchange is capable of processing up to 10 thousand trade operations per second.

The platform processes 1 million transactions monthly, the annual turnover of card payments is $ 1 billion.

Recall that in the fall of 2018, Coinsbit announced plans to issue loans in USD and USDT on the security of digital currency. It is expected that the new feature will be implemented later this year.

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