This function was able to realize thanks to the cooperation with the processing service Simplex.
Leading cryptocurrency exchange Binance announced on Thursday, January 31, now users have the ability to make deposits using Visa and MasterCard Bank cards. This function was able to realize thanks to the cooperation with the processing service Simplex, informs Rus.Media.
“We want to provide traders with Binance fast and easy access to the cryptocurrency, making it as safely as possible. Partnership with Simplex enabled us at the global level to bridge the gap between payments using credit cards and cryptocurrencies,” said CEO Binance Chanpen Zhao.
In the message exchange also said that it is able to handle 1.4 million orders per second, being not only the largest trading platform for trading volume, but also the fastest on the market.
“Simple and fast card payments for ordinary users is a key factor in the broader adoption of cryptocurrencies. We are delighted to be partnering with Binance and opportunities together to deliver better user experience,” said co-founder and CEO of Simplex Nimrod, Leave.
Chanpen Zhao added that the cryptocurrency industry is still at an early stage of development and that most of the money in the world, it is still a Fiat. According to him, the creation of such payment gateways are necessary for the growth of the ecosystem and the spread of the cryptocurrency on more users.