Binance now allows using credit cards to buy Ripple (XRP), the third crypto in the Coinmarketcap ranking.
XRP purchasing using a credit card is working now. Slowly but surely. https://t.co/vm3bA5rv8o
— CZ Binance (@cz_binance) February 12, 2019
Referring to the case posted by a user, in which he explained the inability to purchase on the night of February 11th, Changpeng Zhao, CEO of Binance, said:
“XRP purchasing using a credit card is working now. Slowly but surely“.
The announcement of this option was published exactly two weeks ago directly on the official Binance blog, in honour of the new partnership between Binance and Simplex, a fintech company that provides credit and debit card payment processing solutions.
So, after two weeks and even though slowly, here’s the confirmation of the possibility to use credit and debit cards on Binance to buy not only XRP but also the main cryptocurrencies like BTC, LTC and ETH.
Staying on the subject of XRP, it seems that the news does not end here.
AnalyseAsia, in an interview with Molly Shea, general manager of Global Money Transfers at Western Union, reported updates on the situation of the global transfer services giant, Western Union in relation to Ripple and the crypto and blockchain world in general.
“We are piloting some settlement tests with Ripple on certain corridors, the US dollar and the Mexican peso is one example. The options we choose must be legitimate and widely acceptable for consumer use”.
In essence, Western Union continues to carry out tests on Ripple and according to Shea’s statements, the way forward will be a real implementation of crypto, as it seems to be obvious that the physical currency “is not going anywhere”. Shea continues:
“We have made an investment in a group of digital currencies. It is a fund that finds industry-leading insights into the blockchain and cryptocurrency space”.