April 21, 2024

Binance has added another way to deposit with bank cards

Cryptocurrency exchange Binance has added another payment channel for purchasing cryptocurrencies using bank accounts.Visa and Mastercard cards.

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Through Koinal processing, Binance users can buy Bitcoin, Litecoin, Ethereum, Bitcoin Cash and XRP.

The commission is 2.5% of the transaction amount, and the time for crediting assets is &#8212; 5-20 minutes.

Koinal operates in 175 countries, but does not support bank cards issued in the USA, Russia, China and some other countries.

Previously, Binance implemented a similar service in collaboration with the processing company Simplex.

In May, the exchange added the ability to purchase cryptocurrencies using bank cards through the application for the Android OS.