Binance Users Can Now Buy Crypto Using Debit Cards in 5 New Fiat Currencies
Binance Users Can Now Purchase Crypto Using Debit Cards in 5 New Fiat Currencies
Crypto commutation Binance is enabling citizens in five further countries to buy crypto using Visa cards with their national fiat currencies.
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Cryptocurrency exchange Binance is enabling citizens in five further countries to purchase cryptocurrency using Visa debit and credit cards with their national fiat currencies.
The new service, appear April x, will extend card support for the Colombian peso, the South Korean won, the Kenyan shilling, the Kazakhstani tenge and Peru's neuvo sol.
At launch, a total of five cryptocurrencies are available for purchase: Bitcoin (BTC), Ether (ETH), Binance Coin (BNB), XRP, Binance USD (BUSD) and Tether (USDT).
A decorated calendar month
Binance's announcement — evidently a positive footstep for its international user base — follows shortly after the exchange was yesterday prompted to respond to allegations by 1 of its users that the exchange had illegitimately blocked access to his account containing shut to $1 million in crypto.
The allegation, framed as alleged embezzlement on behalf of the substitution, was rebuffed by Binance. It clarified that South Korean regime had chosen for the user's assets to be frozen as they had allegedly received iii,995 Ether (ETH) through a listing fee scam. The commutation later shared evidence with Cointelegraph that appears to contradict the user'southward claims.
Binance has also this month appear its acquisition of stalwart crypto information site CoinMarketCap. The exchange'due south CEO, Changpeng Zhao, stressed that the site will continue to maintain its independence under the terms of the deal.
Source: https://cointelegraph.com/news/binance-users-can-now-buy-crypto-using-debit-cards-in-5-new-fiat-currencies
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