Binance Partnership with P2P Exchange Paxful to Provide More Fiat Payments
Largest cryptocurrency exchange Binance partnerships with famous peer to peer exchange Paxful in order to provide more fiat currencies payments options to it’s users, reported on 12 December 2019.
Paxful is a Peer to Peer Bitcoin marketplace where buyers and sellers connecting together. It was launched in 2015 and has headquarters in Wilmington, Delaware.
The paxful provides its services throughout the world with more than 300 ways to pay for bitcoins that include
1. bank transfers (Bank of America, Wells Fargo, SEPA, wire transfer, and all other banks)
2. online wallets Transfers (PayPal, Serve to Serve transfer, Skrill, NetSpend, PerfectMoney, OkPay, and other major online wallets)
3. Gift Cards (OneVanilla VISA/MasterCard, Amazon, Target, GameStop, BestBuy, WalMart, and many more)
4. Cash(Western Union, MoneyGram, cash deposit to the bank teller, cash in person, cash by mail and any remittance options)
5. Debit/Credit Card ( VISA, MasterCard,
Amex debit and credit cards)
6. Cryptocurrencies (Ethereum, Litecoin, EOS, Tether, Cardano, Monero and including many new coins and tokens)
You will get your payment transfers into your account instantly within 1-2 minutes after BUY/SELL bitcoin on paxful
Paxful users also have direct access to the binance platform through their Paxful account dashboard.
Previously, Binance has added a new fiat payment option. Recently Binance has acquired the Indian exchange Wazrix to provide more liquidity to its users. Binance CEO Changpeng Zhao (aka CZ) has announced in a tweet that users can now add INR directly to their Binance account. The new INR payment option is available on binance platform.
This month, Binance justt launches the new feature by which binance users are allowed to transfer funds between binance accounts internally with no fee and no limit without doing the transaction on the blockchain, reported on 02 December 2019.
