Fullerton Markets, a New Zealand-based brokerage company, has revealed that their clients now have the option to fund their accounts using Bitcoin.
After obtaining numerous requests from clients asking for crypto options to be incorporated, Fullerton have now decided to offer clients a different method of payment to fiat currencies. Chief Executive of Fullerton Markets, Mario Singh, explained that the requests to accept Bitcoin have remained high despite its falling price in the last month. Experts have also commented that while cryptocurrencies have experienced challenges in the last few months, most of the top digital tokens are actually valued higher than they were in 2017.
News surrounding the price increases in December led many investors to enter the market, many of whom have since experienced large losses. However, despite the plummeting in prices, Bitcoin still remains the centre of attention and is viewed as an interesting investment. What’s more, it seems that more companies are exploring the ways in which cryptocurrencies could be used in everyday processes.
Singh further addressed the advantages of using Bitcoin and explained the deposit procedure is immediate. In addition to this, all transactions would be verified by Blockchain tech, adding to the security of both personal data and payments.
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