Deribit, a popular bitcoin & crypto derivatives exchange platform, announced today a new partnership with Banxa, an Australia-headquartered cryptocurrency-based payment service provider (PSP).
This integration will offer Deribit users more options for deposit methods, allowing Deribit customers to purchase cryptocurrencies directly through the Deribit user interface with fiat currencies.
Banxa supports 16 of the most mainstream currencies such as USD, EUR, CAD, and AUD. Other than Visa and Mastercard, Banxa also provides multiple local payment methods in various countries.
Fees will be included in the spread price offered and will consist of a Banxa fee and potential credit card fees depending on the gateway chosen. Deribit will not charge any fees for this service.
Lastly, to celebrate the new integration, Derbit is offering a two-week fee-free holiday on Banxa deposits.