Binance, one of the worlds largest crypto exchanges based in Malta, has announced today, that they will be accepting payments in credit and debit cards. It is now possible to buy Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), and Ripple (XRP) via Mastercard and Visa on the exchange. This new payment service that Binance is providing is in partnership with Simplex.
In a statement, the CEO of Binance, Changpeng Zhao said;
We want to provide Binance traders with fast and easy access to crypto, in the most secure way possibleBinance CEO
The benefits of using a debit or credit card on Binance is the following:
- Fast: 10-30 mins for cryptocurrency to reach your wallet
- Low Fees: 3.5% per transaction or 10 USD, the higher of the two options
- Convenient: Visa and MasterCard now accepted