Changpeng Zhao Allows Users To Buy Ripple’s XRP With Credit Cards Via Binance – XRP’s Price Expected To Surge
Binance’s CEO Changpeng Zhao (CZ) made the day for Ripple and XRP fans with this latest announcement.
He listened to the community feedback, and he decided to add a new feature to Binance that allows buying XRP with credit cards via the crypto exchange.
It’s useless to say how much this will support the XRP adoption. Binance added this feature of buying crypto with credit cards from Binance back in January but it was only for Bitcoin (BTC), Litecoin (LTC) and Ethereum (ETH).
The community of Binance users has asked CZ to make this available for XRP as well, and now he did it.
This much-awaited feature is a result of Binance’s partnership with a payment processing company that is called Simplex.
It will help users buy crypto without having to deal with the considerable hassle of buying from a different exchange and then transferring funds to the required exchange.
CZ made Ripple fans happy again for Christmas when he made their wish come true and added XRP as a quote pair on Binance.
Ripple’s latest achievements could trigger a surge in price for XRP
Ripple’s partner SendFriend just revealed the exciting news that they managed to raise $1.7 million from giant names such as MIT Media Lab, MasterCard Foundation, Barclays, and Ripple itself.
They said that they would launch the payment service in the first quarter of the year, and the great thing is that they’ll be using XRP for cross-border transactions.
Another important achievement is that Western Union is testing Ripple’s xRapid for cross-border transactions.
Western Union just announced that they are preparing for crypto to see mass adoption and they seem to support XRP in this regard.
As you can see, there are a lot of catalysts that can lead XRP towards mainstream adoptions sooner than expected. This can also lead to a rise in the price of XRP.
Eduard Watson Author
An experienced finance writer for more than 10 years, active industry watcher, and gadget enthusiast.