Credit-Cards.jpg

The largest volume of trading in the world of crypto currency exchange Binance opened for user purchase of cryptocurrencies through credit cards Visa and MasterCard.

Initially available direct purchase of bitcoins (BTC), Ethereum (ETH), Litecoin (LTC) and Ripple (XRP), it is planned to expand the list of available scriptaction.

A new option is implemented Binance in partnership with the Israeli FINTECH company Simplex.

“Cryptonote is still in the early stages, and most of the world’s money continues to be in Fiat. Building gateways to Fiat is what we need now to expand the ecosystem to accelerate the adoption and diffusion of cryptocurrencies for a large number of users”, — said General Director of Binance , Chanpen Zhao (Changpeng Zhao).

Previously the Simplex has helped to integrate the cryptocurrency payment with credit cards in Ethereum-wallet MyEtherWallet, provided such option to purchase LTC directly on the website Litecoin.com.

Binance which platform are traded only cryptocurrency pairs in recent months moving toward the use of Fiat currency. First cryptofauna exchange site of the company — Binance Uganda — was launched last year in Uganda (Africa). At the beginning of 2019 started cryptofauna exchange Binance Jersey for the British island of Jersey. It was reported that the company plans to open similar venues on all five inhabited continents. In 2019 must be running the branch Binance with the support of the Fiat currency in Singapore.

Source