Binance now allows adding Visa cards directly on its platform to buy crypto, including XRP

Cryptocurrency • December 26, 2019, 7:36AM EST
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Cryptocurrency exchange Binance now has an option to directly add Visa debit and credit cards on its platform.

The feature allows buying four cryptocurrencies - bitcoin (BTC), ether (ETH), Binance’s native token (BNB) and XRP - directly with Visa cards, according to an announcement Thursday.

The exchange already supports the buying of crypto via debit and credit cards through third-party payment processors, such as Simplex. This option is a direct integration.

At present, Visa cards issued within the 31 countries of the European Economic Area are supported, including the U.K., Germany, France, Greece, and Malta. Accordingly, two fiat currencies - euro (EUR) and British pound (GBP) - are supported.

Binance said support for Mastercard cards and additional currencies will be added “in the near future.”

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Yogita Khatri profile picture Yogita Khatri

Yogita Khatri is a senior reporter at The Block and the author of The Funding newsletter. As our longest-serving editorial member, Yogita has been instrumental in breaking numerous stories, exclusives and scoops. With over 3,000 articles to her name, Yogita is The Block's most-published and most-read author of all time. Before joining The Block, Yogita wrote for CoinDesk and The Economic Times. You can reach her at [email protected] or follow her latest updates on X at @Yogita_Khatri5.

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