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Binance Argentina Implements Shiba Inu Support On Its Cards

source-logo  cryptoknowmics.com 16 September 2022 14:30, UTC

A cryptocurrency debit card issued by Binance Argentina would now support users making online payments with the most popular meme token, SHIB. The verified Twitter handle of Shiba Inu (SHIB) posted the news early today. It stated that the SHIB token is now tenable for payment at more than 90 million merchant stores across the globe. https://twitter.com/Shibtoken/status/1570664638458765316

Promotional Offer By Binance Argentina

A promotional offer was launched by Binance Argentina to attract new card users to the platform. From September 12 to September 30, the company announced that the first 5,000 users who apply for their card and make a successful card transaction will qualify to receive a 5 BUSD voucher. Additionally, one qualified user would be selected by Binance's special regulations to receive 1 BTC through a token voucher. Cardholders can update their payment priority choice on the Binance app from the card panel to add, delete, or rank cryptocurrencies for spending by their preferences. In their payment priority list, users must have a minimum of six cryptocurrencies and a maximum of twelve.

Introduction Of Crypto Visa Card

Binance introduced the crypto Visa card in 2020 to reduce online payment friction, specifically for those who have invested in cryptocurrencies. A buyer can directly spend EUR from their Binance financing wallet using the Binance card, which facilitates real-time crypto exchange to EUR at the moment of transaction.

Strategic Investment In Aptos Labs

Today, Binance Labs, the venture capital and accelerator division of Binance, announced a strategic investment in the next-generation layer-1 blockchain created by Aptos Labs. Security and user experience were key considerations when building the blockchain. This investment supports Binance Labs' dedication to building infrastructure and expands the first round of funding, disclosed in March of this year.

cryptoknowmics.com