Binance Now Allows Users to Purchase Crypto with Visa Cards

Posted on Dec 27, 2019

Binance has launched an initiative which enables users to purchase four cryptocurrencies directly with Visa credit and debit cards. The cryptocurrency exchange announced that user accounts could be connected to their Visa cards, allowing them to buy Bitcoin (BTC), Ether (ETH), XRP and Binance Coin (BNB). Plans are in place to extend this service to also include Mastercard as a payment method. The new service will only be available to those within Europe, with the intention of bringing it to other global locations in the near future. The latest offering from Binance is an improvement to their prior effort in September, when it was announced that users could purchase crypto via Koinal, a payments processing firm that was unavailable in many countries and charged a 2.5% fee.