Binance Preparing to Buy Majority Stake in Crypto Startup Swipe Amid Plans

[Lorix]

Binance is reportedly finalizing a deal to buy a majority stake in the digital currency payment platform Swipe.io. The move sets the stage for the crypto exchange to roll out its own debit card.

Binance could announce the deal within the week, according to The Block.

The crypto exchange announced in April that it is working on a Binance Card that will allow users to pay for goods and services with their Bitcoin (BTC) or Binance Coin (BNB) balance in their Binance account.
More info: https://dailyhodl.com/2020/06/30/binance-preparing-to-buy-majority-stake-in-crypto-startup-swipe-amid-plans-to-roll-out-debit-card/

[masterrex]

Binance is employing more strategies to drive growth in the entire ecosystem. as a Binance user, I admired this hard work with a twist of innovation that giving Binance a wide edge from its competitors.