Open Sesame! We’ve opened the doors for fiat deposits!

TIOprime
4 min readMay 24, 2019

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Your one-stop shop for crypto trading

We know how difficult it can be to access the crypto market. Well, we just made your trading journey that much better! So, if you haven’t heard the good news by now, we are excited to announce that we have opened the doors to our new fiat service, providing a variety of deposit and withdrawal methods for users around the world.

That’s right folks. You can now deposit and trade the following pairs:

ETH/EUR
BTC/EUR
ETH/GBP
BTC/GBP
LTC/EUR
LTC/GBP
XLM/EUR
XLM/GBP
USDT/EUR
USDT/GBP

Our Chief Operations Officer, Roy Gutshall, is particularly excited about our spirited move into real-world adoption. He says:

“We’re thrilled to announce that traders can now make fiat deposits and withdrawals on our exchange. We are particularly excited to further enhance the utility of TIOx and hope crypto traders take advantage of all the benefits that TIOx has to offer.

TIOx unlocks significant discounts for fiat deposits. Combine this with the trade.io Exchange, which has some of the lowest transaction fees in the industry, and traders are able to maximize their crypto holdings.”

So, how do I make a deposit? Simply:

  • Get verified on trade.io. It usually takes less than 24 hours.
  • Deposit fiat currency using a variety of instant bank transfer or international bank wire transfer (SWIFT).
  • Use your funds to exchange fiat for crypto or vice versa!

Zero fees for lucky pool members

Wait, there’s more good news! We’re calling all loyal liquidity pool members

Do you have 2,500 TIOx or more locked in the liquidity pool? Great! It’s the perfect time to make a fiat deposit. Why? You’ll pay zero fees for the transaction.

That’s right, we’ve got the payment service provider (PSP) fee covered.

So, onto the finer details.

What fiat-crypto pairs can I trade?

We’re starting by offering fiat to crypto trades on BTC, ETH, LTC, XLM, and USDT.

What are the fees for depositing and trading fiat?

Fees for bank transfers are determined by your bank. You’ll get your funds minus the fee into your trade.io account.

Regardless of which payment method you use, the price and fees will be clearly shown at the time of your purchase. The price is based on exchange rates, so you can be sure it’s a fair price. Be sure to check out fee table on our site, it’s got all the info you need.

Can I deposit and trade from any country?

We offer a variety of convenient deposit and withdrawal methods for many countries in addition to a few local currencies. You can deposit fiat by wire transfer, SEPA, or through local bank transfers in Malaysia, Thailand, Vietnam, Indonesia, and soon in China and South Korea.

Deposits via credit card are already available but trade.io plans to improve this service by offering credit card deposits directly to the users’ fiat balance on the exchange thus allowing the trader to transact in any market that fiat pair is offered, instead of only purchasing BTC or ETH.

For a full list of excluded countries, check out this page: https://help.trade.io/excluded-countries

For any other questions, our FAQ page [https://help.trade.io] has got you covered.

This introduction of fiat purchases drastically minimizes any obstacles presented to current and potential clients on the trade.io Exchange, making the company a one-stop shop for purchasing and trading crypto. The new fiat on/off-ramps also helps users who are new to cryptocurrencies and looking for an entry into the market.

CMO Chris Psallidas also shares his excitement on our new fiat solution:

“It’s an exciting time to be part of both the trade.io team and the community. The new fiat deposit and withdrawal methods demonstrate our goal to develop a leading exchange in the space and we shall continue to implement innovative features to the platform, helping to establish our unique approach in the crypto-space and reaffirm our priority of serving users on the exchange.”

In true trade.io form, COO Roy Gustshall said, “As always, our goal is to offer our community members a diverse, convenient, and user-friendly platform, in a safe and trusted environment.”

This announcement comes right off the back that trade.io was recently listed as one of the top 20 rated exchanges on Coinintelligence, demonstrating our long term-vision to be one of the most reliable and trusted exchanges in the industry.

Our new fiat deposit system is a game changer, especially for the number of people gaining access to crypto every day. So what better time than to sign up to our exchange?

Join now to start buying and trading crypto. Stay tuned for more crypto and fiat currencies to be added in the very near future!

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TIOprime

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