April 25, 2024

Binance added the ability to purchase cryptocurrencies for rubles with Visa

Binance added the ability to purchase cryptocurrencies for rubles with Visa

Starting today, users of the largest cryptocurrency exchange Binance can buy cryptocurrency forRussian rubles directly, without the need to first replenish the exchange wallet on your account.

While this feature is available for four cryptocurrencies:

  • Bitcoin (BTC),
  • Ethereum (ETH),
  • Ripple (XRP),
  • Binance coin (BNB).

All you need is to have a Visa card tied to your account, money is debited directly from it, bypassing the need for an intermediate deposit of funds to your account.

Binance added the ability to purchase cryptocurrencies for rubles with Visa

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For the first time, such an opportunity for users of the exchange became available in December last year, however, it worked only with cards that were issued on the territory of the EEC. Now this restriction is removed.

In the near future, the exchange plans to connect to thisMasterCard card system, as well as expanding the list of cryptocurrencies available for purchase directly for rubles. Such news shows the exchange’s serious mood to increase the number of users, including from Russia.

Earlier, trading pairs USDT / RUB, BUSD / RUB, BNB / RUB, BTC / RUB, ETH / RUB and XRP / RUB were launched at Binance.

Also, Russian users still have the opportunity to withdraw fiat funds to their Visa, Mastercard and World bank cards through the AdvCash payment system.

From October 2019, users can contributedeposits in rubles through the AdvCash system for subsequent exchange in accessible trading pairs. The commission for a deposit from a credit card in this case is 3%.

CEO Binance Changpen Zhao during a visit to MoscowIn October, he spoke about Russia as one of the most active markets in the space of blockchain and cryptocurrencies and promised that his company would expand its local presence.

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