Binance now lets users purchase crypto with credit card through Binance app

25 Apr, 2019 | Updated: 25 Apr, 2019
Exchange
Binance now lets users purchase crypto with credit card through Binance app

Binance has announced the ability for users to purchase cryptocurrencies through the Binance mobile application. 

Not only is it possible to purchase cryptocurrencies with a credit card through the Binance exchange, it is now also possible to purchase cryptocurrencies through the Binance application.

Binance announced in a recent tweet that users can now make use of the application to purchase cryptos including BTC, ETH,XRP ,LTC and BCHABC are now possible through the Binance Android app.

The new addition comes just months after the exchange added the ability to buy cryptos on the Binance website. In an attempt to make widespread adoption easier, Binance believes giving users the opportunity to buy directly from the exchange will help expand user growth.

Binance has previously been condemned for the ability to offer cryptocurrencies with credit cards because some users believe the transaction fees are too high and that new investors should not be using credit cards to purchase cryptocurrencies, but rather money they can afford to lose.

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