Binance- the world’s major crypto-asset platform is on the continuous progression whether by making new partnerships or by launching new developments.
On July 10, Binance CEO Changpeng Zhao (CZ) showed his excitement while tweeting on the demonstration of Binance cryptocurrency debit card which is powered by Swipe.
The debit card is on beta testing. As per the information, people can take almost maximum benefits of fiat to crypto from “99% to 100% crypto-.”
“All real transactions. Audible/Amzn, Grab (Uber replacement), Lazada (Amzn replacement). Merchants accept fiat, I paid in #BNB, direct from my Binance account.” CZ said while taking part in the beta testing phase.
On April 1, Binance via official blog announced an update on the imminent launch of Binance debit card through which people can shop and pay with cryptocurrency globally as a regular payment card does.
On July 7, Binance acquired SWIPE the crypto wallet app and a provider of crypto Visa debit card. Both the companies also listed their native tokens on each platform.
Purportedly, Binance’s global debit card can be a part of the strategic partnership with SWIPE.
The comprehensive updates are yet to be revealed by the global crypto exchange. KoinpPost will keep on updating the story for the readers.