Koinal, a self-described “brand known for providing safe, simple and fast cryptocurrency purchases using credit and debit cards,” has partnered with Huobi, a self-described “globally leading digital asset exchange serving professional users,” to integrate together, allowing for a “simpler and faster way of buying cryptocurrency,” according to a press release.
“This deal makes it possible for users to pay for cryptocurrency via Koinal using their credit or debit cards. Koinal’s system is accepting cards that are issued by Visa, MasterCard and China Union Pay,” the release continues.
The two are bringing out a “zero-fee promotion over $500 or more” for purchases made on Huobi via Koinal technology as a promotion, the release also notes.
However, it’s worth noting Koinal Cards will not be issued in the following countries:
Afghanistan, Anguilla, Antigua Barbuda, Aruba, Bangladesh, Benin, Botswana, Brazil, Burkina Faso, Burundi, Cabo Verde, Canada, Central African Republic, Cote D’Ivoire (Ivory Coast), the Democratic Republic of the Congo, Djibouti, Egypt, Equatorial Guinea, Eritrea, Eswatini, Gambia, Guinea, Guinea-Bissau, Iran, Iraq, Kenya, Kosovo, Lebanon, Lesotho, Liberia, Libya, Malawi, Mozambique, Myanmar (Burma), Namibia, Nicaragua, Nigeria, North Korea, Rwanda, Senegal, Somalia, South Sudan, Sudan, Syria, Tanzania, Togo, Uganda, USA, Vietnam, Virgin Islands, Yemen, Zambia, Zimbabwe