The Binance cryptographic exchange house offers credit cards with credit cards on Thursday, January 31. In the first phase, operators can access through three cryptographers through this payment method: bitcoin (BTC), ether (ETH) and lithoin (LTC).
Through a press release, Binance declares that Visa and MasterCard are making payments available worldwide, with a Simplex startup that maintains operations around the world.
Despite the fact that the services indicate to the entire international market, There are restrictions in some states or territories in the United States. "Some US and US states are limited, but they are not limited to Simplex, nor Binance," said spokesman for digital home exchange.
Countries that you can not buy with crypto assets with credit cards are: Afghanistan, China (local banks do not offer support), Congo, Cuba, North Korea, Eritrea, Iran, Iraq, Cote d'Ivoire, Kyrgyzstan, Lebanon, Libya and Sudan. The United States will be limited to New York, Georgia, Connecticut, New Mexico, Hawaii and Washington (WA).
As mentioned above, cryptography purchase, on this platform with credit cards, It can be done in almost all Latin American countries, except Cuba. CriptoNoticias certifies independently that the service is running.
At this point, it is important to remember to process payment, with this type of tool, with local banking policies. In fact, some "refuse to take up their positions", even in the case of operations.
Rates and limits
The purchase of a co-financed portion of the subsidy is paid 3.5% or US $ 10 in each transaction, in greater cases. In addition, they calculate the funds available between 10 and 30 minutes after confirming the operation.
The exchange company also set limits for obtaining credit cards. The daily cap is 20,000 euros per user; The monthly limit amount is USD50,000 for each user and the minimum transaction is USD50.
Changpeng Zhao, Managing Director of Binance, has stated that using credit cards to buy cryptography is quick, easy and secure to get these assets.
Purchase of credit card credit cards has been reported in the past. Last July, US investment services allowed Abra to buy bitcoins with Visa or MasterCard. Similar to the announcement This credit purchased by MyEtherWallet (MEW) developers in 2018 bought this ether with this instrument.
Historically, cryptography purchases, credit cards, were the party that weakened the large financial sector companies, and cryptoconferences are seen as regulated or volatile areas.
A remarkable image of Björn Wylezich / stock.adobe.com