The most important digital currency exchange in the world, Binance, will offer a new service for buying crypts with a Pay Market. With this new service, a total of 62 crypts are already offered by this platform based on Blockchain technology.
With this recent innovation, Binance is consolidated as the most important P2P platform. In addition to the services related to the exchange area between crypto-currencies, it also begins to cover other forms of commerce as in this case, Mercado Pago.
It must be taken into consideration that, with Binance, almost any fiat currency can be accessed. At the same time, the platform is in a process of expansion. All this is added to its service as a digital currency trading broker.
Binance will offer the service with an option to several crypts
Another important aspect highlighted by the Binance statement is that, through Mercado Pago, it will be possible to buy several cryptomonkets. Among them, Bitcoin (BTC), Binance Coin (BNB), EOS and Ethereum (ETH).
In addition to these, it will be possible to access the exchange of other stable digital currencies or stablecoins. Among these, Binance USD (BUSD) and Theter (USDT) stand out in the first place.
These two groups of crypto-currencies can be accessed with two modalities, with Mercado Pago on one hand, and with bank transfers on the other, explained the note.
With respect to this innovation, Maximiliano Hinz, director of operations of this company for Latin America, assured that the firm seeks to democratize the access to the cryptomoney. „We understand that sometimes users prefer certain payment methods and our task is to open the range of possibilities,“ he said.
Binance promotes Bitcoin with ads in London
Importance of Binance in the market
Binance’s importance in the crypto market is of the highest order. This Blockchain service house occupies the first places of preferences in a high diversity of services. The most popular of them are the exchange service, Binance Savings and the trading service.
Also, the firm has presence in practically every corner of the planet. Its services are provided in a wide variety of languages and it has tens of thousands of users around the world.
Another aspect that makes Binance attractive, is the great amount of fiduciary currencies that can be used to have access to the cryptom currencies. With this recent Mercado Pago service that will be offered, the list of options to access digital currencies is widened.