Rajarshi Mitra
Independent Analyst
- Blockgeeks is a Toronto-based crypto and blockchain education website
- People will be able to buy Bitcoin, Bitcoin cash, Ether and Litecoin via their credit card.
Bitbuy, a cryptocurrency exchange based in Canada, announced that it is collaborating with crypto and blockchain education site, Blockgeeks. The partnership will enable Blockgeeks’ users to buy crypto from the company’s website directly. As of now, Bitbuy will allow Blockgeeks’ users to purchase Bitcoin, Bitcoin cash, Ether and Litecoin.
Bitbuy president and co-founder Adam Goldman said:
“We’re excited to partner with Blockgeeks and extend our services to an international audience. We see this as a stepping stone to a full-scale international offering. We look forward to servicing the international community to continue to drive adoption.”
Customer support services over email or via telephone will be provided for anyone who plans to buys cryptocurrency via Blockgeeks. Individuals can also use their credit cards to pay for any digital assets, with payments firm Simplex facilitating those transactions. Payments will only be accepted in euros or dollars, but Bitbuy stated that they are hoping to expand the number of fiat offerings it has soon.
Ameer Rosic, the co-founder of Blockgeeks, said:
“It’s a natural progression to allow our user base to buy cryptocurrency, it goes hand in hand with the educational content Blockgeeks is known for. Every day, new cryptocurrency users come to Blockgeeks to learn the basics of cryptocurrency, and we believe allowing them to acquire digital currency on our website will enhance that experience. Partnering with Bitbuy, an established and trusted brand in the Canadian cryptocurrency space was important to provide this service.”
Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Recommended Content
Editors’ Picks
Uniswap nears $3 billion in daily trading volume despite Wells notice and fee hike
Uniswap's (UNI) price witnessed a double-fold crash in the past week after it received a Wells notice from the SEC and later due to the general crypto market crash over the weekend. In the past week, UNI has decreased more than 38%.
Arbitrum Price Prediction: 10% losses likely for holders ahead of $107 million worth of cliff token unlocks
Token unlocks are considered bearish catalysts, particularly when recipients are likely to cash in for a quick profit. The event, which adds tokens to the project’s circulating supply without increasing demand, leaves an effective imbalance in favor of supply.
Ethereum recovers from dip as Hong Kong ETH ETF approval sparks whale buying spree
Ethereum's (ETH) price slightly improved on Monday after Hong Kong approved applications for a spot Bitcoin and Ethereum ETF. Whales have also been accumulating ETH after the market dip over the weekend.
Bitcoin price delays pre-halving rally as US and China battle for BTC supremacy ahead of halving
Bitcoin has failed to showcase an enticing pre-halving rally. As the event remains less than a week out, traders and investors remain at the edge of their seats, with thoughts on whether the impact of the fourth cycle will be different than what has been seen before.
Bitcoin: BTC’s rangebound movement leaves traders confused
Bitcoin (BTC) price has been hovering around the $70,000 psychological level for a few weeks, resulting in a rangebound movement. This development could lead to a massive liquidation on either side before a directional move is established.