Until recently, Germany’s Federal Financial Supervisory Authority (BaFin) classified bitcoin as a financial instrument, but a subsequent court ruling disclaimed this categorization and decided that the cryptocurrency does not meet this definition…
German blockchain banking service Bitwala is set to launch the first-ever platform that will enable the management of both euro deposits and bitcoin funds within the same bank account. This system is planned to kick off by November with an estimated 30…
Bitwala, a crypto-to-SEPA service that allows fiat currency transfers towards settlements from users who pay in cryptocurrency, has been less than impressed by the public’s response to altcoins after embracing altcoins. While it plans to continue to support altcoins, Bitwala is planning to focus more on bitcoin, according to a recent blog posted on its website. The […]
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Bitwala, a crypto-to-SEPA service that allows fiat currency transfers towards settlements from users who pay in cryptocurrency, now offers the least expensive way to use altcoins for international transfers, providing an economical option for the unbanked who wish to send money across borders, the company announced on its website. Users can make SWIFT or SEPA […]
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Bitwala, a crypto-to-SEPA service that allows fiat currency transfers towards settlements from users who pay in bitcoin, ether and other crypto, has teamed with ShapeShift.io to allow customers to make payments, transfer funds and top up their debit cards using altcoins in addition to bitcoin. Customers will be able to send funds globally by paying the […]
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Update 16:30 GMT: Bitwala CEO Jörg von Minckwitz reached out to CCN and his comments about the seed-funding are included below. Netherlands-based Bitwala, a crypto-to-SEPA service that enables fiat-currency transfers toward settlements from users who pay in bitcoin has announced the closure of its first seed funding round, raising €800k in the process. Bitcoin startup […]
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Bitwala customers will receive fee-free bitcoin transactions for the next two weeks in celebration of the payment service having logged 2 million transactions in one year. Starting Monday, Bitwala will waive its 0.5% fee. Users can redeem Bitwala’s fee-free offer until March 28 with the code: THANKYOU. Pay Bills With Bitcoin Bitwala launched as […]
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Bitwala’s newest feature allows users to send Bitcoin to any PayPal account, anywhere in the world. Crypto-to-SEPA payments service platform Bitwala is now offering its users the means to send Bitcoin to any PayPal account with the simple requisite of a PayPal email address. The company charges a flat fee at 0.5% of the transacted amount. In a blog post today, Bitwala made the announcement along with launching the feature with immediate effect. Additional details revealed that the Euro is the accepted currency presently and all transfers made toward destination PayPal accounts will be done with EUR, with the exchange […]
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Bitwala has announced that it will begin process all Euro transfers via payment processor BitPay and with it – provide the best exchange rate in the market. Netherlands-based Bitwala, a crypto-to-SEPA service that uses its own bank account to make fiat-currency transfers to settle payments for its users who pay in bitcoin; has claimed to provide the best exchange rate for all Euro transfers. In a blog post, Jörg von Minckwitz, CEO of Bitwala said: We are now proud to announce that we have made one of our biggest steps since we were founded this past March. From today on, […]
The post Bitwala Stakes Claim as the Cheapest Bill Payment Service, Anywhere appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Bitwala, the Netherlands-based bitcoin payment service, has introduced a bitcoin email payment service called EmailPay. Registered users only need an email address to send a bitcoin payment using the service. Bitwala, which debuted about three months ago, settles payments in EUR in the European Commission’s Single Euro Payments Area (SEPA). To pay using EmailPay, the user only needs the email address of the recipient and the amount of money they wish to send. Users have to pay Bitwala’s 0.5 percent transaction fee. They can send payments up to whatever amount they are authorized. Fully-registered Bitwala users can transfer up to […]
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