Binance, Paxful partner to bring bitcoin to masses as the latter supports over 300 payment methods
Binance has partnered with peer-to-peer Bitcoin exchange Paxful which supports over 300 payment options and is known for aiding the unbanked through creative solutions such as bitcoin to gift card purchases. Paxful has been steadily growing in importance trading over $100 million per month.
Why it matters:
- While crypto exchange volumes have decreased as prices have dropped, Paxful has seen steady increases since its inception. This highlights that bitcoin is used outside of speculation and will continue to grow as it serves the needs of its customers.
- As one of the most prominent exchanges in the world, Binance will bring a large, global audience to Paxful’s platform helping expand its customer base.
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