July 2, 2022

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.

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.