CZ, the CEO of Binance has once again paid attention to users and added a feature that allows the purchase of XRP directly through credit cards via Binance.
Binance added the feature of buying cryptocurrencies via credit cards on January 31, 2019, but the feature was limited to cryptocurrencies like Bitcoin [BTC], Ethereum [ETH], and Litecoin [LTC]. However, the community of users on Binance requested CZ for including XRP with the newly released feature.
CZ pulled through and added the feature to Binance and users can now purchase XRP via credit cards. The much-awaited feature is a result of Binance’s partnership with a payment processing company called “Simplex”.
This will help users to directly buy cryptocurrencies without going through the hassle of buying from a different exchange and then transferring it to the required exchange.
A Twitter user, @XRPcryptonation tweeted:
“A friend of mine tried to buy xrp on Binance with a credit card last night and it wasn’t available yet. Checked this morning and it is now live. You can purchase XRP with your debit or credit card. 3 for $1 but not for long baby! #xrparmy #xrpcommmunity”
CZ retweeted the same with a comment:
“XRP purchasing using a credit card is working now. Slowly but surely.”
This is not the first time CZ has surprised users by abiding by their wishes with respect to the addition of new features to Binance exchange. XRP was added as a quote pair after a Twitter user had tweeted CZ.
CZ replied to the above saying “careful what you wish for” and surely enough, the cryptocurrency was added as a quote pair on Binance as a Christmas gift to the XRP community.
@sixinbrian, a Twitter used commented,
“Might as well max all the credit cards for when the bubble pops right?”
On the other hand, a user @projectsunltd had some strong words for the feature and said,
“Sorry Binance, I usually recommend your exchange. I cannot recommend your direct purchases with credit card. The fee is ungodly. That same BTC if purchased $4000 would yield $140 in fees! VS.. @UpholdInc at the same purchase and market rate would yield $42 in fees.”