Digital assets exchange platform Binance has partnered with Simplex, a provider of online payment processing solutions, according to the exchange’s press release.
The collaboration has allowed Binance users to purchase cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and XRP using their debit and credit cards.
The new payment system will also enable the purchased cryptocurrencies of Binance users to reach their wallets within 10 to 30 minutes.
Binance now accepts payments through Visa and MasterCard and charges 3.5 percent per transaction or $10.
The new payment process in partnership with Simplex will still depend on local bank policies.
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