Bread Wallet Enables International Bitcoin Purchases with Credit Cards

The timing of the rollout couldn’t be better. Zug, Switzerland-based bitcoin wallet startup Bread unveiled plans to accept international bitcoin purchases via credit card. Bread is boasting features such as “high limits” and same-day delivery for bitcoin purchases, both of which are often missing from cryptocurrency exchanges. By allowing this service, which is a product of a relationship with Simplex, investors can bypass cryptocurrency exchanges, which incidentally top US banks have taken aim at of late. Bread tweeted – While Bread is making it easier for investors to get their hand on bitcoin, banks are making it more difficult. JPMorgan Chase, Bank of America, Citigroup and Lloyd’s in recent days placed a ban on bitcoin purchases via credit card. Cryptocurrency exchanges appear to be tops on banks’ radar for credit card bitcoin purchases.

Reference: https://www.ccn.com/bread-app-to-get-a-slice-of-the-bitcoin-credit-card-pie/

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