By Bitcoin.com - 1 tau ki muri - Wā Pānui: 2 meneti
Binance and Mastercard Launch Crypto Prepaid Card in Brazil as Part of Latam Expansion
Ko te whakawhiti crypto matua Binance and credit card giant Mastercard have partnered to launch a prepaid crypto-linked card in Brazil as part of Binance’s expansion plans in Latam. The Binance card features 8% cashback for eligible purchases and supports on-the-fly conversion of 13 cryptocurrencies to make payments to local merchants.
Brazil Receives Binance Kāri ka utua
Binance, a leading cryptocurrency exchange by volume traded, kauwhautia on Jan. 30 the launch of its Binance card in brazil, a product that will allow crypto users to make payments in crypto to legacy merchants. The card, which is backed by Mastercard, will enable registered customers of the exchange from all over Brazil to make crypto payments with 13 supported cryptocurrencies, including on-the-fly conversions to the Brazilian real.
The release of this product comes as no surprise to some, as Matthew Shroder, global vice president and regional director at Binance, kī i te marama o Hepetema ko Brazil tetahi o nga maakete e haere ake nei mo te whakarewanga o te kaari utu-mua i Latam.
Ko nga utu ka mahia me te moni fiat ma te whakamahi i te kaari utu-mua ka kore he utu. Engari, ko nga utu e uru ana ki nga huringa crypto-ki-fiat ka whai utu 0.9%. Ano, kei roto i te kaari te 8% cashback i roto i te crypto e pa ana ki nga hoko e tika ana.
This move is part of the efforts that the exchange is making to expand its footprint in Latam. Brazil is the second market in which the instrument will be launched. Binance whakarewahia he hua rite i Argentina tuatahi, i Akuhata i tera tau.
Te Whakatata i te Crypto me nga Utu
hoki Binance, there is room for crypto to keep growing in the payments area, and being Brazil is one of the biggest payments hubs on the continent, the interest in bringing these services to the country is clear. About the goals that Binance wants to achieve, Guilherme Nazar, general manager at Binance for Brazil, stated:
Payments is one of the first and most obvious use cases for crypto, yet adoption has a lot of room to grow. We believe the Binance Card is a significant step in encouraging wider crypto use and global adoption, and the openness of Brazilians to innovation makes the country a great market for this release.
I whakamarama a Nazar ko Brazil tetahi o nga maakete e tino whai kiko ana mo te whakawhiti i te rohe, a ka whakapau moni te kamupene ki te kawe mai i nga ratonga hou me te whai waahi ki te tango i te poraka me te crypto i te whenua.
Binance hopes to expand this product to more markets but did not make specific announcements on this matter.
What do you think about the launch of the Binance card in Brazil? Tell us in the comments section below.
Kuputuhi taketake: Bitcoin.com