March 29, 2024

Binance allows you to buy cryptocurrency with Visa card

Binance allows you to buy cryptocurrency with Visa card

Binance, the largest crypto exchange, has launched an option to buy digital assets using a Visa card.

According tothe exchange announcement of December 26, now with a Visa payment system card you can pay for the purchase of four cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB) and XRP.

A new option allows you to link Visa cards to your account and purchase crypto assets directly on Binance.com.

At the moment, the platform works only with Visa cards issued within the European Union.Accordingly, two fiat currencies are supported – the euro (EUR) and the British pound(GBP).

Binance representatives noted that the list of currencies for purchase through cards should expand soon. In addition, the platform plans toadd support for Mastercard. 

It is worth noting that the exchange already makes it possible to buy cryptocurrencies using debit and credit cardsthrough third-party payment processors such as Simplex. 

As reported, yesterday the platform opened trading for the Turkish lira and the Russian ruble in tandem with such cryptocurrencies: Ethereum (ETH), Ripple (XRP) and Tether (USDT).