Users on the crypto exchange Binance have received new goodies after the platform opened a fiat gateway for four currencies, namely EUR, UAH, RUB, and KZT. According to the official announcement made on its official website, Binance is collaborating with Advcash (Advanced Cash Limited) to provide its users with the opportunity to deposit and withdraw the said currencies to their Binance wallet. They will use their bank cards, credit cards, and Advcash wallet to facilitate transactions.
This opportunity will enable users to buy and sell digital currencies using their Binance wallet directly on the platform’s “Buy and Sell Crypto” page through the one-click buy/sell service.
Fiat Gateway Brings Many Benefits
With the new development on the Binance platform, users stand to enjoy various benefits. For example, it comes with zero deposit fees whereby users will incur no charge for depositing the four fiat currencies to their Binance account using their Advcash wallet. Besides, the process is fast, and every asset purchased will reach the Binance wallet quite faster.
Additionally, the fiat wallet will enable Binance users to buy and sell Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) directly using their Binance wallet balance. Importantly, the development allows easy access, as users can simply use their bank cards and Advcash wallet to deposit and withdraw.
Binance offers One-Click Buy/Sell option, which allows users to purchase cryptocurrency more conveniently and faster with no charts or complex order types involved. Besides, it gives users real-time price data to directly execute their trades. Users with EUR, UAH, KZT, and RUB in their Binance account can now buy crypto, such as BTC, XRP, and ETH at any time using the new One-Click function.
Binance chose Advcash for its ability to facilitate both fiat and crypto payments. The platform combines crypto, fiat, and prepaid card features. With e-wallets in multiple currencies, Advcash supports a range of deposit and withdrawal options both locally and internationally. The ADV-branded prepaid cards, which are loaded instantly from e-wallets, allow users to conduct easy international POS and ATM transactions. Importantly, Advcash allows merchants to choose the most suitable payment processing and payout system that meets their needs.
Featured Image Source: Binance.com