The Binance cryptocurrency exchange and the London-based payment company Koinal have announced a partnership that will expand the ability to purchase digital currencies using bank cards.
The new service will be available in more than 175 countries and will allow you to make fiat deposits for the purchase of BTC, BCH, ETH, LTC, and XRP. At the same time, in comparison with other solutions supported by Binance, Koinal payment service will charge the lowest fees. Changpeng Zhao, CEO of Binance, said:
“Freedom to convert easily between fiat and cryptocurrency is key to bringing crypto further mainstream. As the blockchain industry matures, there is more demand for bridging the two worlds than ever before. At Binance, we want to provide users with the easiest way to enter and thrive in the crypto space. We will continue to build fiat-to-crypto gateways in our effort to increase accessibility and adoption of crypto.”
Let us recall that earlier this year, the Binance exchange entered into a partnership with the Israeli processing service Simplex, which added support for Visa and MasterCard bank cards.
Technical analysis of Bitcoin (BTC):
Over the past day, the price of bitcoin dropped to the support level of $7,700. This movement completely coincided with our forecast. But now, the price of bitcoin is $7,940. We assume that the price of bitcoin will test the support level of $7,500. The nearest resistance levels are $8,100, $8,300, $8,400. The nearest support levels are $7,900, $7,500.
Technical analysis of Ethereum (ETH):
Over the past day, the price of ethereum fell to the support level of $150. This movement completely coincided with our forecast. But now, the price of ethereum is $165. We are waiting for a further downward movement to the support level of $150. The nearest resistance levels are $165, $168, $173, $181. The nearest support levels are $158, $151.
Technical analysis of Ripple (XRP):
Over the past day, ripple fell to the mark of $0.2250. This movement fully coincided with our forecast. Now, the price of ripple is $0.2350. We expect the negative movement, but then, the rebound upwards is also possible. The nearest resistance levels are $0.2450, $0.25, $0.2520, $0.2560. The nearest support levels are $0.2170, $0.2280.
