Binance, the largest cryptocurrency exchange by trading volume, has just announced the decision to enable its users to bind Visa cards to their respective accounts, using the same card to buy any form of cryptocurrency directly from the exchange.
After following the above link, you can then chose an amount of EUR or GBP, and proceed by clicking next, followed by “Add Card”. This is meant for users to bind their Visa cards.
The successful addition of Visa cards will enable the concerned users to buy digital tokens like Bitcoin (BTC), XRP, Ethereum (ETH), Binance Coin (BNB)
However, the exchange averred that the Visa credit and debit cards issued within the European economic confinement are backed on the platform for now.
Binance also listed the European countries that will benefit from the new development. See the list of the countries involved below.
“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.”
According to the information made available by Binance, Mastercard and some other currencies will receive support at a later time.
Binance Supports Paxful to Widen Users’ Options in Crypto Purchase
Some days ago, Binance sealed a strategic partnership with Paxful, a marketplace where digital currency can be bought using national currencies. A few days later, the exchange announced its support for the fiat to crypto trading platform, in order to widen the options of its users in purchasing cryptocurrency with fiat currency.
Going by the available report, interested users can visit Buy Crypto page on the Binance trading platform as once mentioned in the report above. From there, users can make selection of their choice currencies, followed by clicking “Paxful”.
Once the concerned users properly follow the above steps, they will be opened to select from over 300 methods of payment. The success of this procedure will make the Binance trading account of the involved users credited automatically and dully with no added fees.