The CEX.io bitcoin exchange has recently launched support ofr ether trading, allowing customers to buy and sell the token used to power the popular Ethereum platform. The exchange supports exchanging ether for both bitcoin and US dollars.
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This news comes after the recent ether price explosion. Even after the drop following the initial rally, ether’s market capitalization is still over $600,000,000 USD at press time, placing it in second place under Bitcoin.
By adding support for ether trading, the exchange will provide ether traders with their famous user-friendly service, allowing them to trade ether for bitcoin as well as buying ether with Visa or MasterCard.
In a press release, the exchange’s CEO Oleksandr Lutskevych stated:
“Ethereum is a unique and one of the most promising projects within blockchain industry.As the Ethereum market develops, we found it extremely important to support innovations and launch Ether trading on CEX.IO.”
According to the exchange, “ether is crucial for developers who want to build apps using the Ethereum blockchain.” They also believe that people wanting to utilize smart contracts will come to rely on ether and the Ethereum platform. By adding trading support for ether, the exchange aims to make the Ethereum platform more available to a broader section of the cryptocurrency ecosystem.
CEX.IO is a UK-based Bitcoin exchange established in 2013. CEX.IO claims to provide the best experience of buying Bitcoins with credit cards and debit cards. The assertion is based on the exchange’s ideal conditions for quick and successful processing of card payments, the wide range of acceptable payment cards, and numerous positive feedbacks from users. CEX.IO provides steady services backed by cold cryptocurrency storage, financial viability, and profound legal compliance.
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Images courtesy of CEX.io
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