Crypto derivatives exchange BTSE, announced today it now supports Faster Payments (FPS) for GBP users. In addition to SWIFT transfers, users can now opt to use Faster Payments for bank transfers.
Faster Payments guarantees the delivery of funds within 2 hours, though most payments are virtually instant, with a transaction time of around 15 seconds.
“BTSE already supports SWIFT transfers for multiple countries, making it easy for our users to deposit and withdraw their local currencies. With the addition of the new UK payments system, we’re excited to be bringing even more selection to our users.”
– The BTSE team
Last month, BTSE announced a move of its business operations to the British Virgin Islands (BVI). The exchange also held a token sale for its native token on the Liquid Network.