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Deythere > News > News > Binance Takes a Bold Step! Convert Your Crypto to Cash Instantly!
News

Binance Takes a Bold Step! Convert Your Crypto to Cash Instantly!

representing Binances new service allowing users to sell crypto directly to credit and debit cards. The image should feature Binance
Ezeudo Nwosu
Last updated: October 24, 2024 3:40 pm
By
Ezeudo Nwosu
Published October 24, 2024
2 Min Read
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As part of its efforts to streamline services, Binance has taken a significant step by partnering with Paymonade, a crypto payment technology provider. Through this collaboration, users can now sell their crypto directly to their credit or debit cards, making the process of converting digital assets to cash more seamless.

Contents
  • Simplifying Crypto Sales
  • Global Expansion

Simplifying Crypto Sales

On October 24, Binance announced the launch of a new service that allows users to sell their crypto directly to VISA and Mastercard cards. This service is designed to enable users to quickly and easily convert their digital assets into cash.

With this new system, users can convert their crypto into their local currency and have it deposited directly onto their cards. This makes the transaction process faster and improves the overall user experience. However, users will need to complete account verification and pass Paymonade’s verification process to access this service.

Binances new service that enables users to sell crypto directly to credit and debit cards. The image should feature the

Global Expansion

Binance has confirmed that this service will be rolled out globally in stages. Users can access the service via the ‘Sell Crypto’ page and select the Paymonade option to complete the transaction. Once the security checks are done, funds will be directly transferred to the users’ cards.

This development strengthens Binance’s position in the global market. By offering a wider variety of crypto assets, the company continues to attract a growing user base.

A Binance spokesperson commented, “This partnership makes selling crypto faster and more secure.”

In conclusion, Binance’s collaboration with Paymonade will simplify the process of converting crypto to cash, making it easier for users to manage their digital assets.

For the latest updates on this and other crypto news, stay tuned to Dey There.

Binance, Paymonade, credit cards, crypto to cash, global market

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ByEzeudo Nwosu
Ezeudo Nwosu is a blockchain and cryptocurrency professional with over 8 years of experience in the industry. With a background in software engineering, Ezeudo has been at the forefront of developing innovative blockchain solutions that address key challenges in various sectors. His work includes leading blockchain integration projects and advising on the creation of decentralized applications (dApps). Ezeudo is recognized for his deep technical knowledge and his ability to translate complex blockchain concepts into practical applications. At DT NEWS, he offers expert insights into the latest developments in blockchain technology and cryptocurrencies, helping readers stay informed about the future of digital finance.
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