News

XRP, SHIB And AVAX Are Now Supported By Binance Card

Binance Card holders now have access to 14 supported cryptocurrencies, including XRP, AVAX, and SHIB.

Binance announced on Friday that its Binance Card now supports three new altcoins. Token users can now access their Ripple (XRP), Shiba Inu (SHIB), and Avalanche (AVAX) holdings.

The Binance Card allows its holders to “convert and spend crypto in over 60 million online and offline stores.” However, this card is only for European citizens and, according to the website, Ukrainian refugees.

In light of the escalation of the conflict in Ukraine, Binance had intended to expand its card operations to Ukraine at some point this year.

With the latest addition, the card now supports 14 cryptocurrencies, including Cardano (ADA), Avalanche (AVAX), BNB, Bitcoin (BTC), Binance USD (BUSD), Polkadot (DOT), Ether (ETH), SS Lazio Fan Token (LAZIO), FC Porto Fan Token (PORTO), Santos FC Fan Token (SANTOS), SHIB, Swipe (SXP), Tether (USDT) and Ripple (XRP).

The new additions to supported cryptocurrencies do not change existing payment options for those already using Binance Card.

This development comes a day after Binance announced a partnership with Mastercard to bring credit cards to Argentina. The two financial services providers will work together to expand the payment capabilities of Binance users in Argentina.

Argentinian customers can use BTC and BNB, among other cryptocurrencies, to buy and withdraw money anywhere that accepts Mastercard.

Earlier this year, Wirex added AVAX to its crypto card offering. The platform allows users to pay in 61 currencies, both fiat, and cryptocurrencies.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

Follow CoinCu Youtube Channel | Follow CoinCu Facebook page

Harold

CoinCu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.