Binance has undoubtedly won the major portion of the market traders and investors. In fact, the exchange is always on a run to excite its audience with new features and functionalities and this time, Binance is now enabling visa debit and credit cards on its platform to buy leading cryptocurrencies.
Binance Excites Visa Users
As per the announcement, users can enable visas with their binance account and buy leading cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Binance’s native token (BNB) and XRP. However, the platform is currently enabling users to buy crypto using debit and credit cards integrated with the third-party payment processors. But the new feature lets you do so directly via Binance.
“Binance will now allow users to bind their Visa cards to their accounts and purchase crypto using this card, directly on Binance.com. To access this service, users can visit the ‘Buy Crypto’ page, select an amount of EUR or GBP, click next, and then click “Add Card” to bind their Visa card.”Binance said in an announcement.
— Binance (@binance) December 26, 2019
More so, Binance notes that the support for Mastercard and other crypto tokens will be integrated “in the near future”. Per the announcement, exchange covers total of 31 countries of the European Economic area including United Kingdom, Germany, France, Netherlands, Poland, Sweden, Austria, Belgium, Bulgaria, Croatia, Republic of Cyprus, Czech Republic, Denmark, Estonia, Finland, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Portugal, Romania, Slovakia, Slovenia, Spain, Iceland, Liechtenstein, and Norway.
Despite the announcement, Binance’s native token Binance Coin (BNB) is trading with the red figures. At the time of reporting this, BNB is currently plunging by 0.14 percent within the past 24Hrs. As a result, the token is valued at $13.27 against USD which counts the market capitalization of $2,064,124,782.