Binance.com adds Debit and Credit Card payments

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With the recent launch of Binance Jersey which let's you withdraw EUR and GBP by trading ETH and BTC for it, they now come with even bigger news of allowing their users on Binance.com to buy crypto with Debit and Credit Cards.

Compared to Coinbase the fees are a bit steep, as Coinbase uses SEPA and Bank transfers. Binance are working together with Simplex which is a Fintech company that offers fraudless payment processing solutions through AI-tech which allows them a 100% guarantee for the merchant. The fees are going to be 3.5% or $10 which is still lower than Coinbase's Debit & Credit Cards at 3.99%.

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Binance.com adds Debit and Credit Card payments | Ecency