Binance has resumed allowing crypto purchases using Visa and Mastercard for its exchange users. Does this signal the end of Binance’s regulatory troubles?
Binance, the world’s largest cryptocurrency exchange, will once again allow its customers to purchase cryptocurrencies using Visa and Mastercard.
Binance has resumed cryptocurrency purchases via bank transfers using Visa, Mastercard, and SEPA transfers for “smooth transactions,” according to a June 6 X post.
On the Binance platform, the “buy crypto” options via Visa and Mastercard have been reenabled, with a maximum one-time purchase of up to 5,000 euro, worth approximately $5,440 for euro-based transactions, and up to $20,000 for U.S. dollar-based purchases.