Users Can Now Make Payment With Shiba Inu And Bitcoin In Argentina Via Binance Card
The Bitcoin and Shiba Inu holders can now make use of their tokens as a mode of payment as the Binance Card pilot commences in Argentina.
The update was brought via the Twitter handle of the CEO of MasterCard, Michael Miebach, that the firm has formed a partnership with Binance to launch the Binance prepaid card in the Latin American giant.
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It is worth noting that Argentina will be the first Latin American country and one of the countries outside Europe where the Binance Card is rolled out to.
The Binance Card Support Is A Big Catch For Shiba Inu And Crypto Sphere At Large
The Shiba Inu’s partnership with the Binance Card is a big platform for the Shiba Inu and the crypto sphere at large particularly this time when the Card is cutting across various regions.
For instance, the Binance Card is supported in various parts of Europe supported by Visa and also the recent extension to the Latin America, Argentina is supported by 90+ million merchants globally.
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The implication of this to Shiba Inu and the Crypto world is that it will increase the use case of the various coins and drive various adoption towards Shiba Inu.
As stated by Maximiliano Hinz, general director of Binance in Latin America, on the official website of MasterCard:
“Payments is one of the first and most obvious use cases for crypto, yet adoption has a lot of room to grow. By using the Binance Card, merchants continue to receive fiat and the users pay in the cryptocurrency they choose. We believe the Binance Card is a significant step in encouraging wider crypto use and global adoption and now it is available for users from Argentina,”
Binance Card Adds Support On Shiba Inu
As previously reported by Cryptolifedgital, the Binance Card added support to Shiba Inu on the 5th of August. This partnership created a platform for the Shiba Inu holders in any European country where Binance Card is available to make transactions across the world with over 56o million merchants.
Getting the card requires Users;
- Must be a Binance user residing in Argentina
- Users must have completed identity verification with a national ID
- In case the user has completed his or her identity verification with a driving license or passport, the user is asked to reset it here with a National ID.
- To order the Card visit the Binance Card official website
Shiba Inu is currently trading at the $0.00001318 price point, a 19.41% price drop in the last seven days.
Cryptolifedigital is a cryptocurrency blogger and analyst known for providing insightful analysis and commentary on the ever-changing digital currency landscape. With a keen eye for market trends and a deep understanding of blockchain technology, Cryptolifedigital helps readers navigate the complexities of the crypto world, making informed investment decisions. Whether you’re a seasoned investor or just starting out, Cryptolifedigital’s analysis offers valuable insights into the world of cryptocurrency.
