Never knew they had credit card purchases available on their exchange. Only thought coinbase was the one and only but they were having peoples banks banning those cards from being used in most cases so it was hard for people to obtain bitcoin in this way.
Binance has a wider customer base and it will make buying bitcoin more accessible to the masses.
Good on them for fighting the banking system and overturning their ruling on deciding what people use their funds for.
There are some exchanges that allows this, there was a thread somewhere that he purchased BTC from changely using his creditcard. Coinbase is the common go to for someone who is looking to invest in crypto though. Have to congratulate Binance for having it back, this exchange has really made an extra ordinary achievement while some exchange are now out of business.
But changelly isnt a full blown exchange per se such as coinbase and binance are. They do not require you to submit any personal information or pass kyc/aml verification so they can deny you buying cryptocurrency any time they want.
With the exchanges you are basically guaranteed a purchase when you request to make a payment using your credit card since these exchanges require you to pass their verification process upto a certain level before you are allowed to purchase or transfer cryptocurrency off their platforms up to a certain amount.