Binance Coin (BNB) Can Now be Purchased Using Visa and MasterCard Based Payment Options

  • As per a press release, the folks over at Binance claim that the addition of BNB with the Visa/MasterCard roster will allow for the crypto asset to experienced unparalleled growth in the coming few months.
  • This latest announcement has been received quite warmly by the masses at large — since this is one of the few times Mastercard and Visa had lent their services to a mainstream crypto organization.

It's no secret that 2019 has been an amazing year for Binance, with the premier crypto trading platform not only announcing a series of upgrades to its native UI but also witnessing the rise of its very own token— ‘the Binance Coin’ — which is currently placed in the 7th spot of all cryptocurrencies by total market capitalization.

In this regard, it has just come to light that interested investors can now purchase/ trade BNB coin using a host of Visa and MasterCard based payment avenues.

  • According to a number of analysts and experts, Binance’s latest move will most likely affect Coinbase in an adverse manner.
  • Earlier this year (April 2019 to be exact), Coinbase teamed up with Visa to its crypto credit/debit card service called ‘Coinbase Card’. In its core essence, the card is directly linked to a number of major cryptocurrency exchanges located within the UK and EU, thereby allowing owners to seamlessly spend their crypto holdings directly from their Coinbase wallets.

Final Take

In closing out this piece, it should be pointed out that over the past few weeks, Binance has been in the news due the launch of the BGBP — a cryptocoin backed by the Pound. It now remains to be seen what the future has in store for the company from here on out.

Get Free Email Updates!

*Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

Avatar
Shiraz J
Shiraz is a multi-year cryptocurrency analyst and blockchain journalist residing in Melbourne, Australia. When he is not writing about the bitcoin ecosystem, he enjoys the art of meditation, playing the blues and traveling the world.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

LEAVE A REPLY

Please enter your comment!
Please enter your name here

3,485FansLike
2,795FollowersFollow
4,262FollowersFollow

Live Bitcoin Price & Latest BTC Charts

Today's Latest Crypto News

VeChain Joins China Animal Health and Food Safety Alliance (CAFA)

VeChain has joined the China Animal Health and Food Safety Alliance (CAFA) as one of its council members and will be providing them technical...

Coinbase Pro to Pass the Rising Network Fees Onto The Customer During Withdrawals

The launch of UNI, the governance token of Uniswap DEX, is having a big impact on the Ethereum network. The good thing is the price...

Homeland Security Calls On Freelancers to Design A Digital Wallet Interface; $25k to Finalists

The Science and Technology Directorate (S&T) division of the US Department of Homeland Security has allocated up to $25,000 in prizes as an...

BoE Explores Negative Rates; Bitcoin Is A ‘Must' Because Fiat is a ‘Giant Ponzi Scheme'

The Bank of England (BoE) is exploring negative interest rates now and in response Sterling weakened sharply. The pound dropped 0.7% against the dollar after...

Nexus Mutual Sees Active Cover Growing 10x, Now Token Price ‘Directly Linked to Adoption'

“DeFi is developing faster than you can say ‘protect me from the risks in DeFi’,” said Kayleigh Petrie, Director of Engagement at Nexus Mutual,...

BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.

Start Using Crypto Today