The U.S. exchange's customers now have the option of buying stablecoin USDT using their debit or credit cards, Apple Pay and Google Pay and converting it into crypto tokens.
Binance.US customers now have access to MoonPay to allow them to buy crypto and withdraw fiat from the crypto exchange.
Binance.US was forced to suspend U.S. dollar deposits in June after losing ties with various banking partners. Payment startup MoonPay is allowing Binance.US customers to convert dollars into crypto after the exchange suspended U.S. dollar deposits in June,Customers have the option of buying stablecoin tether using debit cards, credit cards, Apple Pay or Google Pay and then converting it into crypto tokens, Bloomberg said, citing a Monday email to customers.
“We obviously perform KYC; we follow all the regulatory rules across every single jurisdiction in which we operate, and so we can make it easy for them to top up their wallets,” MoonPay CEO Ivan Soto-Wright said in an interview with Bloomberg TV on Tuesday, referring to know-your-customer verification.
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