The most popular cryptocurrency exchange, Binance, continues to roll out new services on its platform. The latest to hit the list is its support for purchasing cryptocurrency via binding Visa cards. The announcement made earlier today stated that customers can buy cryptocurrencies such as Bitcoin, Ethereum, Binance Coin, and XRP directly once their Visa card has been linked to their Binance account.
The announcement read,
“Binance will now allow users to bind their Visa cards to their accounts and purchase crypto using this card, directly on Binance.com. To access this service, users can visit the ‘Buy Crypto’ page, select an amount of EUR or GBP, click next, and then click “Add Card” to bind their Visa card.”
While the new service acts as a boon to the exchange, this particular service is, however, limited to only Visa cards “issued within the European Economic Area” as of now, which applies to both Visa debit and credit card. Binance also stated that the platform would soon support Mastercard and more currencies soon.
At present, the countries that are covered under the Visa debit and credit card binding includes: United Kingdom, Malta, Romania, Spain, Iceland, Slovenia, Liechtenstein, Norway, Croatia, Republic of Cyprus, Czech Republic, Netherlands, France, Germany, Poland, Sweden, Belgium, Austria, Bulgaria, Denmark, Estonia, Greece, Hungary, Finland, Ireland, and Latvia.