Binance Users In 19 Countries Can Use Mastercard To Buy Crypto

Binance, the major cryptocurrency exchange, has announced today that users in the 19 countries can now use Visa or Mastercard debit and credit cards to purchase a range of cryptocurrencies in seconds.


Buy #Crypto With Mastercard Now Available in 19 Countrieshttps://t.co/wt46p3YRwj pic.twitter.com/yv81xpvrvQ — Binance (@binance) April 3, 2020

The list of 19 countries is mentioned below:

  1. Brazil

  2. Colombia

  3. Czech Republic

  4. France

  5. Germany

  6. Indonesia

  7. Italy

  8. Latvia

  9. Mexico

  10. Netherlands

  11. Norway

  12. Poland

  13. Russia

  14. Slovenia

  15. Spain

  16. Switzerland

  17. Turkey

  18. UK

  19. Ukraine

The report says that to use this service, users can go to Buy Crypto and select “Pay with Bank Card”.

However, in December 2019,  Binance said that its users were able to directly purchase four cryptocurrencies after binding their accounts to Visa cards issued within the European Economic Area.

Also, in September 2019, it officially announced that its users were able to buy five cryptos including Bitcoin and Ether by using Visa and Mastercard through Koinal, a payment processing firm, for a 2.5% fee. 

Thus, Koinal was then unavailable in a number of major jurisdictions globally, including the United States, Russia, and mainland China. 

Source: binance.zendesk.com

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