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The Payments Industry is big business, and within the daily spin of Fintech, there is a difference between revision and innovation. Cryptocurrency has already been a Fintech disruptor; however, now -- through Jubiter.com -- it is poised to become a payments disruptor as well because they are about to offer a Jubiter debit card.
Bitcoin and Litecoin have never been more readily accessible than it is through the Jubiter exchange. Since the company's inception, purchases have been honored using a credit card or a secure wallet. Now, Jubiter is offering purchases of Bitcoin by wire transfer.
WhoIs Jubiter Technologies?
Jubiter, is a unique new blockchain-based, cryptocurrency exchange platform, and they offer the tightest security in the business. In addition, the Estonian financial authority regulates Jubiter technologies which include buying, selling, cold-storage, and crypto-to-crypto exchange.
What makes Jubiter Technologies different
Customer service is a 16/6/313 assurance (8am-midnight M-Sat) by phone, by email, or by live chat. Also, real-time, liquid use of cryptocurrency assets are available, using a virtual currency wallet service for P2P and goods and services requiring fiat money. Transaction fees with Jubiter are low, and they regularly offer unique opportunities to save through referrals and other means. Jupiter Technologies is fully compliant concerning all regulations.
Equally important is the fact that buying and selling with Jubiter is possible using a variety of currencies -- USD, Euro, and GBP --- to name a few. Furthermore, instant purchases of Bitcoin or Litecoin can also be made by credit card using Visa, MasterCard, VisaElectron, or Maestro. Purchases by debit-card, secure wallet, and now -- by wire transfer ($200 minimum and a $50k maximum) are also possible.
Additionally, all customer data is encrypted, leaving no possibility for it to be compromised by hackers, and bitcoin at rest -- or in cold storage with Jubiter enjoys safety through additional layers of storage.
What is a bitcoin wallet
A bitcoin wallet is an application or a piece of software, called an app, which runs on any mobile device or computer -- but is not connected to the device or computer. The wallet is secure because there is no way malware can locate it. Therefore, funds are stored on a secure, independent wallet, with an enjoyable, user-friendly interface. Regardless if the wallet owner is a new cryptocurrency user or has been trading for some time -- it is safe.
Jubiter's commitment to being the best
Jubiter spent its first year in the business setting up a secure, financial fortress to ensure their goal of making it easy for all customers to enjoy using cryptocurrency as a regular, medium of exchange. Their financial licensing provides for a virtual currency wallet service, services of exchanging a virtual currency against a FIAT currency and qualifying for their SB status in FinCen.
Wire Transfer Explained
Wire transfers are made possible through the electronic transfer of money -- usually from one bank or credit union to another using SWIFT, CHIPS, or Fedwire. Domestic wire transfers typically take 24 hours. Jubiter is able when the customer is ready to purchase by wire-transfer; however, the bank determines the time frame.
Using a wire transfer to buy bitcoin
There are many reasons customers prefer to purchase bitcoin using a wire transfer:
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Fees that are available for US and EU customers are very low and also Canada
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There are a large number of regions and countries offering this service
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In some cases -- it is possible to purchase bitcoin for no fee
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It is the most trustworthy regarding regulated exchanges
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New buyers find it easier to establish bitcoin accounts
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Banks work well with well-financed, trusted exchanges like Jubiter
Why Consider Investing in Bitcoin
Bitcoin is an open-source, decentralized, cryptocurrency. Litecoin is an open-source, peer-to-peer (P2P), decentralized, cryptocurrency. The derived value of any cryptocurrency is much like that of precious metal. The value of gold, for example, is grounded on what people are willing to accept--based on scarceness. Gold is a scarce (or perceived as scarce), precious metal often used to back real currency. Cryptocurrency is a limited digital form of currency. In each case, the value is anchored in scarcity. Bitcoin has a limit of 21M coins. Litecoin has a limit of 84M marks.
Almost every country on the planet has their own fiat money, with the U.S. dollar setting the global exchange value. Liquidity is vital to expedite commerce -- and everything today is vying to move almost at the speed of light.
Until recent years, there have not been real-time options to use digital currency as a form of payment or fiat money. Now; however, the opportunity is wide open, and it will not be long before cryptocurrency is common.
The venture into this virtual, decentralized world should carry one word when we think of getting in -- security! Ensure, in every way possible, that safety is a priority, and then enjoy!
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.