Binance expands deposit options with bank cards

Posted 26 September, 2019

The Binance cryptocurrency exchange has added another channel to its fiat network gateway, giving users more opportunities to buy cryptocurrencies. The platform announced a partnership with the London-based service Koinal. 

As the company source commented, this cooperation will enable Binance users to buy five cryptocurrencies: BTC, BCH, ETH, LTC and XRP using Visa and MasterCard debit and credit cards.

“Freedom to convert easily between fiat and cryptocurrency is key to bringing crypto further mainstream. As the blockchain industry matures, there is more demand to bridge the two worlds than ever before.” - said Binance CEO Changpeng Zhao.

Note that Binance is actively developing its international business and announced plans to enter the Chinese OTC market. Earlier, the exchange collaborated with Simplex, Paxos and TrustToken to create fiat-crypto gateways, and Koinal will become the fourth partner to simplify the cryptocurrency purchase process. 

The exchange also pays attention to the issue of security. The marketplace recently received a certificate of compliance with the information security management standard ISO / IEC 27001.

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