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MOSCOW, RUSSIA, April 17, 2014 /24-7PressRelease/ -- Currently Bitcoin, Litecoin, and Peercoin are supported and can be transferred to VISA/Master cards. The transfer service is offered for bank cards issued by any bank worldwide, for the exception of certain types of virtual credit cards and Visa Electron/Maestro cards.
The funds are transferred in US dollars, and may be subject to conversion to the card currency by the recipient bank. The transfer takes on average 2-4 business days.
With the launch of the service Coinomat.com hopes to reach out to customers who experience difficulties with cryptocurrency conversion due to banking restrictions and the absence of local exchange services.
Coinomat.com offers instant conversion between major crypto and e-currencies. The conversion is based on fixed exchanged rate as opposed to open-market type exchange services. The whole exchange process takes usually not longer than several minutes to complete which is in start contrast to usual procedure with open-market type exchange services.
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