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The payment processor CoinPayments has announced that it has integrated Binance Coin (BNB) into its platform. The information was released on November 16th in an official blog post. The platform also announced integration on Twitter.
#useBNB with 2,300,000 traders with this integration. It's spreading! https://t.co/Y0ZFei8Spv
– CZ Binance (@cz_binance) November 17, 2018
At the same time, Changpeng Zhao, CEO of Binance, said that there are 2.3 million merchants worldwide who will be able to accept Binance Coin as a means of payment. Binance Coin is the virtual currency created by the Binance cryptocurrency exchange. It can be used on its platform to pay cheaper taxes and to make transactions with other virtual currencies.
The company has decided to provide support for this virtual currency due to the fact that several Binance users are currently working with it to pay commissions and many other things. In addition, the BNB currency will also be used as a gas to fuel the imminent decentralized exchange developed by Binance.
With this integration in the CoinPayments platform, companies will have the opportunity to receive Binance coin payments through plugins and integrations with the service.
Binance is one of the largest exchanges of virtual currencies in the cryptocurrency market. According to CoinMarketCap, in the last 24 hours, Binance has handled $ 672 million in trading volume over the last 24 hours.
CoinPayments allows merchants all over the world to accept the most important virtual currencies in the market. The company uses plug-in, API and PoS (Point of Sale) interfaces, which connect over 2.3 million users in 182 countries around the world.
This company was one of the first payment companies in the market that started accepting altcoin and other virtual currencies rather than Bitcoin. At the same time, the company offers support for various banking options and additions with third-party companies in different jurisdictions.
At the time of writing, Binance Coin is the fourteenth largest virtual currency in the market with a market capitalization of $ 1.01 billion. Each BNB coin can be purchased for $ 7.7 dollars. This virtual currency has been one of the most resilient virtual currencies this year in a bear market.
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