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Xcoins Launches Instant Cashout to Credit/Debit Cards in EU and UK

2 mins
Updated by Shilpa Lama
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Leading cryptocurrency platform Xcoins has announced that all customers residing within the EU and the United Kingdom can now enjoy easy access to their cryptocurrencies.

Users are able to make use of a new instant cashout function that will allow them to instantly cash out their coins to their debit or credit card within a few minutes with almost no additional cost. 

This feature’s most remarkable asset is that it revolutionizes crypto users’ lifestyles, bringing their digital currency to the forefront in their everyday life.

“We are happy to be one of the few crypto exchanges that will offer instant cashout to all major credit or debit cards. Being a crypto user myself, I understand how important it is to gain access to your funds fast when you want to sell your crypto securely”, Rob Frye, Chief Executive Officer, said.

Using this feature will enable Xcoins clients to enjoy instant access to their funds as opposed to traditional bank account transfers that may take several days to be processed.  

Moreover, with instant cashout, crypto users will not be required to link their bank account to Xcoins while the highest security standards will still be maintained.

Money transfers are completed directly by an acquiring bank, straight to a customer’s credit or debit card based on the Payment Card Industry Data Security Standard (also known as PCI requirements). 

Customers of this licensed crypto platform can now also enjoy improved ease of use given that crypto can be spent directly from their credit card by routing transactions via card numbers.

Xcoins offer several other convenient payment methods for customers, including Visa or Mastercard debit/credit cards, SEPA for EU customers, and Faster Payments for UK clients.

Xcoins also accepts prepaid cards and virtual cards, as long as they have 3D Secure (Verified by Visa and MasterCard SecureCode). 

Founded in 2016, Xcoins is fully licensed under the Class 3 Virtual Financial Asset (VFA) License issued by the Malta Financial Services Authority (MFSA).

Impressively, this license makes the company one of the first cryptocurrency exchanges to receive such permissions. 

Xcoins provides instant transactions, accompanied by 24/7 support, and operates in 167 countries worldwide, offering Bitcoin and other cryptocurrencies to those who prefer paying via credit or debit cards.  

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