Bitcoin, Crypto currency, Blockchain

Binance allows purchase of Bitcoin, Ethereum, Litecoin & XRP via credit card

fcfeb4a268882ac68a32eeca6dd1177f - Binance allows purchase of Bitcoin, Ethereum, Litecoin & XRP via credit card

Binance allows purchase of Bitcoin, Ethereum, Litecoin & XRP via credit card

Home News Binance allows purchase of Bitcoin, Ethereum, Litecoin & XRP via credit card

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Marcel Knobloch –
02.02.2019

One of the biggest crypto currency exchanges in the world, Binance, made possible by a new partnership with BTC, ETH, LTC and XRP to buy by credit card. This step has been, according to experts in the industry is long overdue, because the Community has already waited for a long time.

Binance has yesterday announced that they are working with the payment processing companies Simplex to user to handle the purchase of digital Assets with the help of your credit card. For the time being, users of the platform Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and XRP can buy with Visa and Mastercard.

CEO of Binance, Changpeng Zhao, sees in the partnership a major step forward, which will close a previously open gap (freely translated):

We want to allow the Binance traders a quick and easy access to crypto. The partnership with Simplex allows us to close the gap between credit card payments and crypto for traders around the world. On Binance.com you can buy crypto now with credit cards and within a few minutes to begin trading.

Binance gradually expands the possible Trading options, and stalking in new areas. So you want to occur, especially with major competitors such as Coinbase in the competition. Recently opened Binace under Binance.a new stock exchange, on the crypto-currencies directly with Fiat currencies such as the USD, Euro or CHF can be bought. Although this is good news, are excited, some banks don’t and have said their customers already for some time under, or prohibited, to buy crypto-currencies by credit card. Binance continues to expand and is setting a good example.

The Binance still in development, the decentralized stock exchange Binance DEX will support the direct use of hardware wallets, and no funds need to be sent on a circuitous route to the stock exchange. A first live version will be presented until the end of the first quarter of 2019.

Featured Image: Wit Olszewsk | Shutterstock.com

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