August 6, 2020

Binance has added another way to deposit with bank cards

Binance cryptocurrency exchange has added another payment channel for buying cryptocurrencies using banking Visa and Mastercard cards.

</p>

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 of transfer of assets is 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.