This is great news! it means that many people can easily enter the world of cryptocurrencies more easily. everything that simplifies increases adoption!
Yeah, this is good news for crypto community like us, especially for traders. They can buy crypto with their credit card and start trading as soon as possible.
Never knew they had credit card purchases available on their exchange.
It's new improvement from binance to make their users (traders) get fast and easy access to crypto trading. I think with this new update binance would be bigger more than before.
There are 3 advantages to buy crypto with credit cards by binance:
- Fast: Average 10-30 mins for cryptocurrency to reach your wallet
- Low Fees: only 3.5% per transaction or 10 USD, whichever is higher
- Convenient: Visa and MasterCard accepted
Source: Buy Bitcoin | Buy Bitcoin With Credit Card | Binance.com