Binance, the largest exchange for the daily trading volume, announced its cooperation with the Simplex platform, thanks to which users of the trading platform will be able to acquire cryptocurrency using a credit card.
Now, crypto traders will be able to add Visa and Mastercards cards to their accounts (additional fees will be charged for transfers from them), and, to use this functionality, you must go through the KYC procedure.
At the moment, the company did not make an official announcement about this, this information appeared in the FAQ section of the exchange.
In mid-January, the network reported that the Binance exchange will launch a platform in Russia, with the opportunity to trade the ruble. In fact, the Russian platform will be a separate legal entity.