The team behind the Binance Trust Wallet official cryptocurrency repository, made a serious statement – now that the wallet will allow users to make purchases using credit and debit cards.
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This is due to a new partnership with the Simplex, Israeli payment processing firm, which will also provide technology for Trust Wallet users with the same functionality.
Victor Radchenko, founder of Trust Wallet: "We want to expand access to crypto and decentralized applications for all users. (...) Adding credit card payments is one of the steps to further implementing cryptocurrency and realizing our broader vision in promoting freedom of money, we will continue to integrate more blockchains and functions into the Trust."
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Binance Trust Wallet declared the possibility of buying with credit and debit cards. Trust Wallet has not yet indicated which cards will be compatible with this new system. The company was first acquired by Binance in July 2018 and expanded the range of supported tokens, including XRP, BCH, LTC, ETH and BTC.
Editor: Yuliya Soroka