Bitcoin Startup E-Coin’s User Base Grows To 100,000

E-Coin, the London-based Bitcoin debit card provider, recently announced that it reached 100,000th user mark exactly a year after its launch.

“Our user base grew consistently over the past 7 months. Currently, we process over $2 Million in monthly transaction volume”, the company said via blog post.

E-Coin enables users to use both physical and virtual debit card for all of their Bitcoin spending needs, even at places that don’t accept Bitcoin. It currently supports three currencies: USD, GBP, and EUR. The company has issued over 15,000 E-Coin debit cards so far to more than 130 countries with recent addition of Azerbaijan, Ecuador, Nepal, Kosovo, Solomon Islands and Colombia.

Speaking of the future plans, the company said, “In Year Two, you can expect us to keep getting better at what we do. We are already working on E-Coin’s next features and products, so look forward to the best Bitcoin debit card you can get in the market.”

Inspired by the blockchain decentralised technology, E-Coin aims to boost popularity and usability of cryptocurrency trying to make the transactions simple, safe and hassle free.