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Bit.Store Partners with Conflux Network to Expand CFX Spending with CryptoCard

19 November 2024
in Business, News
Reading Time: 2 mins read
104 4
Home Business

Crypto payment service provider Bit.Store has announced a strategic partnership with Conflux Network, a blockchain platform known for its high-performance decentralised technology. 

This collaboration aims to enhance the real-world use of Conflux’s native token, CFX, by integrating it into Bit.Store’s Web3 CryptoCard product, which offers multiple payment options such as virtual, physical, and gift cards. Notably, the card is designed to offer a seamless payment experience, similar to traditional debit or credit cards, while maintaining the flexibility and security that cryptocurrency users expect.

The partnership will allow Conflux users to make secure and convenient crypto payments globally, expanding CFX’s applications in everyday transactions like shopping, dining, and travel. 

Nataly, CMO of Bit.Store, expressed excitement about the collaboration, noting that Conflux’s robust technology and extensive user base present a strong opportunity to extend CFX’s real-world utility. She added that the CryptoCard would offer CFX users a practical and convenient way to use their tokens, helping drive the broader adoption of cryptocurrency for everyday purchases.

A representative from Conflux Network shared similar enthusiasm, emphasising the partnership’s role in increasing CFX’s utility and furthering the integration of blockchain technology into daily life. Both parties expressed optimism about expanding their collaboration in the future and advancing the growth of the blockchain ecosystem.

Bit.Store has been actively entering partnerships, and earlier this year, it announced a strategic collaboration with Gate Pay, one of the world’s leading cryptocurrency exchanges. The partnership introduces the Gate MiniApp on Gate.io, allowing users to seamlessly apply for Bit.Store’s Virtual Cards within the Gate Pay ecosystem. This integration simplifies card applications and enhances the user experience with features such as quick top-ups, withdrawals, and access to Bit.Store’s full range of card functionalities, streamlining the management of crypto finances for Gate.io users.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

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Jewel Buddy

Buddy Jewel is a finance writer specializing in cryptocurrency news. With a keen eye on the latest developments in the digital asset space, I provides insightful and timely updates on the ever-evolving world of crypto.

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