Cryptocurrency trading platform PrimeXBT announced on Tuesday it has joined forces with CEX Direct, provided by London-based crypto firm, to allow users to buy Bitcoin directly from the platform. According to PrimeXBT, clients will now be able to purchase Bitcoin via the fiat on-ramp module integrated directly into the advanced trading platform using their VISA or Mastercard credit or debit cards.
“Any Bitcoin purchased is instantly transferred to a user’s private wallet in the PrimeXBT trading platform and is made available immediately for trading.”
PrimeXBT further explained that upon using the CEX Direct module, users will be required to complete a short identity verification check. The entire process from start to finish takes less than a few minutes. PrimeXBT also stated:
“The partnership with crypto industry pioneer CEX.IO (provider of CEX Direct module) is just the latest of many successful PrimeXBT B2B partnerships. PrimeXBT has also partnered with Europe-based financial software firm Covesting and Bitfury’s Crystal for blockchain analytics and AML compliance.”
PrimeXBT then added the CEX Direct module allowing its clients to buy Bitcoin directly is now available to all customers using the trading platform effective immediately.