A new tool developed by eCommerce merchants and experts is giving them a way to quickly buy cryptocurrencies into their portfolios without paying fees or selling them on exchanges.
eCommerce developers from CEX.io and CEX Group LLC.
announced today the eCommerce Crypto Currency Exchange (CECEX), a tool that allows for the rapid buying and selling of cryptocurrencies without paying or selling fees.
eCurrency exchanges typically charge traders fees, but the new CECEX tool aims to make the process seamless, with the hope that eCanceled tokens will eventually become a standard way for digital currencies to be traded.CECex allows merchants to exchange currencies such as Bitcoin, Ethereum, Litecoin and Dash for cryptocurrencies such as Litecoin, Ethereum Classic, Ripple and Dogecoin.
eTrade offers cryptocurrency exchanges, but most have fees for trading.
eMerchant, the leading platform for crypto-investing, announced in February that it was launching a platform to allow for quick and easy digital currency trading.
Since then, eMercher has raised $3.5 million in venture capital funding.
While eMerchants platform is currently available in the U.S. and Canada, eCancers is aiming to expand to Europe and Australia later this year.
eCash, the largest eCancer platform, also announced in August that it is launching an eCommerce platform to provide cryptocurrency trading services in the coming months.
“I’m excited to be able to expand our service to support cryptocurrency trading and the crypto economy,” eCocurrencies CEO and co-founder David P. O’Connor said in a statement.
“The crypto economy has exploded in popularity in recent years, and the cryptocurrency market will continue to explode.
We’ve seen tremendous growth and demand for trading digital currencies.
With our technology, we can give our customers a way into the digital economy for instant payment and easy access to cryptocurrencies.
I think the platform will become even more of a game changer in the digital currency market as we continue to gain momentum and become more and more of an important player in the cryptocurrency ecosystem.”eCurrency trading isn’t the only digital currency service offered by CEX that will be offered by eCuchers platform.
The eCumers platform also offers a secure eCommerce payment option for cryptocurrencies.
That service, called E-Cash, allows buyers and sellers to pay for digital goods and services using cryptocurrency.
CECex is a way for merchants to quickly get cryptocurrency into their eCommerce portfolios.
The eCurrencies platform has been working on the eCcash service since last year, and it will be available in mid-October.
CEX also announced a partnership with BitPay, the world’s largest cryptocurrency payment processor, to allow eCouriers to process payments using the company’s services.
Bitcoin, the cryptocurrency of choice for digital currency transactions, is currently trading around $2,900 per coin.