Binance Android Users Can Now Use Debit/Credit Card Payments For BTC, ETH, XRP, BCH And LTC

Binance Announcement For Android Users

Binance released an announcement on Twitter for Android users. The announcement reads, “Credit card payments for; $BTC, $ETH, $XRP, $LTC & $BCHABC are now possible through the #Binance Android App care of update (1.5.8.0.)” This is significant, especially because Binance has achieved a place as a leading exchange by trading volume. With this feature, users can access Bitcoin and four altcoins.

Those who are interested in purchasing any of the coins listed above with their credit card must ensure that their Binance Android App is updated to the latest version – 1.5.8.0. Upon updating the application, a “credit card” button will appear on the right end of the toolbar. Then, designate a specific cryptocurrency and confirm the transaction. Thereafter, users are redirected to Simplex.com to insert personal data and credit card details.

The transactions do entail fees. For instance, each transaction has a 3.5 percent flat fee or a $10 flat fee, whichever is higher. Upon completing the transaction, the money will be deposited shortly.