Coinimal, a Bitcoin exchange site based out of Vienna, Austria, announced today that they have signed a partnership agreement with one of the world’s leading online wallet systems Neteller. The agreement is the first of its kind with Neteller and allows users to instantly deposit with the wallet system and buy Bitcoins, Litecoins and NXT coins.
Neteller announced recently that they now allowed for Bitcoins to be deposited into their wallet, turning the Bitcoins into fiat-money at the market rate. The news was huge for the industry as several million users could now deposit with Bitcoins without having to pay any sort of deposit fee.
“The development is a natural one for Coinimal, enabling customers to buy bitcoin with the speed and security of an established global partner. NETELLER has a series of payment options including credit cards, prepaid cards and bank transfers, and accepts bitcoin payments as a way to fund cash accounts – opening all of these to Coinimal’s customers via their fully-automated platform.” A press release from Coinimal stated.
‘In my opinion NETELLER decided to do this pilot project with us because they feel that we are the most sophisticated, serious bitcoin gateway in the world, and our compliance is stellar,’ commented Coinimal CEO Paul Klanschek. ‘We are extremely proud to be the first crypto merchant in the world to accept NETELLER officially.’ Chief Executive Officer at Coinimal, Eric Demuth said.