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Binance users will now be able to access ride-hailing services through the platform. Changpeng Zhao, Binance CEO, broke the news of the partnership announcement with Splyt on Twitter.
A press release on Splyt’s website revealed details of the partnership. Splyt said the partnership would see Binance become the first-ever cryptocurrency company to offer ride-hailing on its platform.
The integration of Splyt on Binance takes the company closer to its goal of cryptocurrency integration in the payments space. Further, users can make payments seamlessly for these services using their preferred cryptocurrencies.
Splyt currently has partners in over 150 countries and offers over 300,000 trips, tickets, and things to do worldwide. Its on-demand network is already accessible to billions of global smartphone users through existing partnerships with Alipay, Grab, Booking.com, and other leading super-apps.
Increased accessibility
The Splyt integration on Binance means users can now access a range of services on the Binance marketplace. In addition, users will have access to a global customer support and a local language conversion function.
These services will be available to the platform’s 90 million users in over 150 countries.
Speaking on the development, Philipp Mintchin, Co-founder and CEO of Splyt, said:
“We’re thrilled to partner with Binance, the world’s leading cryptocurrency exchange, as it pioneers the integration of ride-hailing and evolves into a true super app. Furthermore, Binance’s 90 million users will become an incredibly strong demand partner for our network of ridehailing and experience providers.”
More strides in gloomy times
The bearish form of the crypto market has continued to hurt users and investors.
Currently, most cryptocurrency companies are cutting their workforce to stay afloat and remain profitable. However, Binance has continued to hit new strides despite the extreme downturn in the crypto market.
On Monday, the largest cryptocurrency exchange announced that it would be hiring for an additional 2000 roles.
Abdulrasaq is a blockchain maximalist who believes that technology is necessary for the future we are heading to. He is an ardent researcher, and writer who uses his writings to inform about the prospects in the blockchain space. He spends his free time writing movie scripts and combing the corners of Quora.