Some forex brokers offer MyBitWallet as a method to fund trading accounts. This is a service that makes it easier for forex brokers to accept cryptocurrencies as payments by letting traders pay in using credit or debit cards, while still making the transfer to the broker in the form of a cryptocurrency. This makes transfers across borders far faster and cheaper than it would be using traditional international bank wire transfers.
MyBitWallet works with several Japanese and Singaporean banks as well as a range of payment card operators to facilitate transactions. Both forex brokers and traders can therefore be sure to find a way to fund their MyBitWallet account. Transfers between MyBitWallet users can be made for a fixed fee of as little as 1 USD.