Author Topic: Binance announces Visa credit purchases for Bitcoin  (Read 15 times)

Offline Jet Cash

Binance announces Visa credit purchases for Bitcoin
« on: January 31, 2019, 05:56:07 PM »
Regarding fees, Simplex charges 3.5 percent of a transaction with a $10 minimum (flat fee). The daily limit is $20,000 per user, while the monthly max is $50,000 per user.
https://www.coindesk.com/binance-users-can-now-pay-for-crypto-with-credit-cards

I'm a bit ambivalent about this. We need more "on-ramps" for crypto, but buying crypto with a credit card for speculation has led to a number of suicides in the past.