Binance Card users now have access to XRP, SHIB and AVAX

Binance Card users now have access to XRP, SHIB and AVAX



Binance announced on Friday that its Binance Card now supports three new altcoins. Card users can now access their holdings of Ripple (XRP), Shiba Inu (SHIB) and Avalanche (AVAX). 

The Binance Card allows its holders to “convert and spend cryptocurrencies in over 60 million online and physical stores.” However, the card is only available to European citizens and, according to the website, Ukrainian refugees. Prior to the escalation of the conflict in Ukraine, Binance had intentions of expanding its card reach into Ukraine by sometime this year. 

With the latest addition, the card now supports 14 cryptocurrencies, including Cardano (ADA), Avalanche (AVAX), BNB, Bitcoin (BTC), Binance USD (BUSD), Polkadot (DOT), Ether (ETH), S.S. Lazio Fan Token (LAZIO), FC Porto Fan Token (PORTO), Santos FC Fan Token (SANTOS), SHIB, Swipe (SXP), Tether (USDT) and Ripple (XRP).

New additions to the supported crypto do not change the current payment preferences for those already using the Binance Card.

okex

Related: Binance US will delist AMP following SEC claim token is a security

This development comes one day after Binance announced its partnership with Mastercard to bring prepaid cards to Argentina. The two financial service providers will team up in an effort to broaden payment possibilities to Binance users in the country.

Argentinian clients will be able to use BTC and BNB, among other cryptocurrencies, for purchases and withdrawals wherever Mastercard is accepted. 

Earlier this year, Wirex added AVAX to its already large list of currency offerings on its crypto card. The platform offers users the ability to pay in 61 different currencies, both fiat and cryptocurrencies.

Nexo also came out with a crypto card in partnership with Mastercard. Nexo announced the project back in 2019, though it finally manifested nearly three years later. Similar to the Binance Card, it is only available to residents within certain countries in Europe.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

You have not selected any currency to display

Pin It on Pinterest

Ico-Investor
Fiverr
Ico-Investor
Binance Card users now have access to XRP, SHIB and AVAX
okex
Ledger
Bitcoin Mining vs. AI Hosting: The Unexpected Parallels Unveiled
Bitcoin, Ethereum to See $1.62 Billion Options Expire: What It Means for Prices
A Wrapped Bitcoin Token Interoperable With Ethereum and OP Mainnet
Understanding Bitcoin Treasury Strategies: Insights From Public Bitcoin Miners Like MARA
Bitcoin (BTC) Rally Could Stretch to Eight Months
BlackRock's BTC ETF Filing Could 'Democratize Crypto,' CEO Larry Fink Says
Cex
Paxful
Network Activity Surges as Price Breaks Through $3,200 Resistance
TON Coin Erases Some Gains After Golden Visa Clarification
Coinpedia - Fintech & Cryptocurreny News Media
Elon Musk announces his
Russia’s Energy Ministry Launches Crypto Mining Register
Network Activity Surges as Price Breaks Through $3,200 Resistance
TON Coin Erases Some Gains After Golden Visa Clarification
Coinpedia - Fintech & Cryptocurreny News Media
Elon Musk announces his