Cryptonit to Launch Anonymous Debit Cards by the End of 2015 -
Bitcoin Debit Card

Cryptonit to Launch Anonymous Debit Cards by the End of 2015


In an exclusive interview with Bitcoinist, Mr. Brandon from Cryptonit, an organization that promises to offer the most secure platform to trade traditional fiat money such as USD and EUR for cryptocurrencies like Bitcoin, litecoin, Peercoin, Namecoin, etc. says that they are going to launch anonymous debit cards by the end of 2015. Coming from a company that is registered with the relevant authorities in the UK, the anonymous debit cards are expected to gain trust among the cryptocurrency users.

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Registered Bitcoin Exchange, Complies with the Existing Money Laundering Laws

Cryptonit understands that reliable banking is a cornerstone of every cryptocurrency exchange and following this dictum it has a policy for transparent transactions so that neither the customers not the company faces any trouble from the regulatory authorities. Cryptonit is registered with the UK Companies House agency and acts in close collaboration with FCA (Financial Conduct Authority of UK). It has been successfully registered at HM Revenue & Customs as a Money Service Business with a status “BUREAU DE CHANGE”.

Thus, it is in complete compliance of the Money Laundering Regulations (MLR) that requires that money service businesses register with HMRC. The company claims that it has obtained an official letter from FCA stating that Cryptonit is exempted from licensing. The letter is available upon request from traders.

Credit Card Deposits in Offer for the Customers

Though the anonymous debit cards are to be launched by the end of the year, Cryptonit has moved faster while launching credit card deposits. Buying cryptocoins with credit card has never been so easy and cheap as customers can now buy some Bitcoins with a credit card within a minute. In the official website Mr. Brandon from the company announced that they are glad to announce credit card deposits. In the post published on 17th of this month he says that during the following month this feature is enabled by request for any verified member.

However, he added that after that all verified members will have it by default; therefore, if some user is already a verified member then he just writes to support asking to enable Credit Card deposits. He clarified that users can use any VISA or MASTERCARD card with or without 3Dsecure. The company has also brought in exclusive offer for the users as from Monday Saturday 19th deposit fee is only 4.9%. This promotional offer according to him last until winter.

Buying and Selling Bitcoin and Other Cryptocurrencies Made Easy by Cryptonit

Being an old and reliable Bitcoin exchange that has been offering the services since 2012 without any complains, Cryptonit is trusted by traders. Safety and security of the funds is a major concern for traders after the collapse of Bitcoin exchange Mt. Gox the last year; however, at Cryptonit, the traders not just get a trade platform, like dozens of exchanges offer out there, but a full cycle cryptocurrency experience. For instance, traders can choose the level of security which they think suits them the best. Thus, at Cryptonit the traders not just get smooth funds withdrawal but complete and comprehensive security.

The traders get the lowest possible trading fee on the market, just 0.15% per transaction and a wide range of deposit and withdrawal methods including Wire, SEPA, Cash transfers, PayPal and many more. Cryptonit has a bank account in a trusted German bank and enables the traders to transfer the money to the Cryptonit account from their bank account by means of SOFORT, AstroPay Direct or TrustPay; however, the speed of transactions depends on the bank region.

Thus, Cryptonit not just brings secure transactional experience but also provides professional and attentive customer support via tickets/phone. The most interesting part about the International Wire and SEPA deposits is that there is 0% fee.

Exciting Affiliate Programs

Not just cryptocurrency trading but Cryptonit offers the most flexible and generous affiliate program where the affiliates get 33% of the commission it charge a trader. The company credits the earnings to the affiliates twice a month which they can withdraw without any delays. Currently, there are 3 options for affiliation for affiliates.  There are some perquisites for affiliate program advanced options; for instance, the affiliates must be a verified and have some correspondent experience because the organization has strict norms for security. The interested parties may register at Cryptonit and go to Affiliate zone.

Will you get a Cryptonit bitcoin debit card? Let us know in the comments below!

Featured image courtesy of Cryptonit 

Deepak Tiwari

Deepak Tiwari, though a lawyer, working as a journalist for six+ years now. An avid Bitcoin supporter, he currently writes on Bitcoin and other crypto-currencies for, a portal that offers exclusive news and reviews for readers, traders and brokers. His other specialties/interests include writing on law & governance, finance, internet marketing, careers, politics, international relations & diplomacy, etc. Follow Deepak Tiwari in Twitter