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Crypto Payment Card to Be Launched by Banking Platform: XRP, XLM, BTC Supported

  • Yuri Molchan
    📰 News

    A banking startup is about to launch a debit card which crypto enthusiasts will be able to use to pay for goods with crypto


Crypto Payment Card to Be Launched by Banking Platform: XRP, XLM, BTC Supported
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In a recent press release, the banking startup 2gether promises that its new prepaid Visa card will allow the firm’s customers to use either fiat currency or seven crypto coins to pay for things: BTC, XRP, EOS, XLM and a few others.

A shortcut for crypto payments

The card helps people by changing digital assets into fiat (EUR) and will be accepted in almost 20 EU countries.


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2gether explains that their new Visa crypto card will be a solution for issues that prevent direct crypto payments – at the moment, if you want to pay for something with crypto, you need to work with private keys, exchanges and time-consuming transactions, as per a 2gether rep.

Regulatory compliance procedures

The company has also integrated know-your-customer (KYC) measures that users have to pass on their Android and iOS apps – only this way can they conduct transactions with crypto or simply store it. Besides, the startup claims that customers can buy crypto without the extra charges that are typical of exchanges.

Thus, the startup is going in line with international regulatory policy and is trying to protect its users.

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Beta testing phase

So far, the platform has been launched in beta in Spain. 2gether is now conducting a rollout in the Euro area. No exact dates have been provided for the official launch of the

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, but customers can so far download the app for using the card to take part in the beta testing phase.

The company’s native token

At the end of March, 2gether will also begin a pre-sale of its own coin, 2GT, through the app. The company hopes to attract around $5.65 mln. Users from all EU areas are eligible to partake, the statement says.

Cover image via u.today
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Crypto Wonders: Binance Coin (BNB) Hits Its New ATH, Surpassing Its January 2018's Peak

  • Alex Morris
    📰 News

    Binance Coin is so far the second cryptocurrency (after EOS) that managed to rebound after January 2018's drawdown


Crypto Wonders: Binance Coin (BNB) Hits Its New ATH, Surpassing Its January 2018's Peak
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After surging by more than 14 percent over the last 24 hours, Binance Coin has managed to surpass its previous ATH that was recorded during the peak of the bull market in January 2018, according to the data provided by CoinMarketCap (CMC). The historic rally was triggered by numerous recent developments inside the exchange’s ecosystem.  

Binance Coin, CoinMarketCap
Binance Coin continues to register double-digit gains, image by CoinMarketCap

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BNB makes history

At the time of writing this article, the price of the BNB token is at $24.65, rising above its previous ATH of $24.46 that was recorded on Jan. 12. Hence, Binance Coin, the seventh largest cryptocurrency by market capitalization, becomes only the second asset to reach a new price peak after the crash of the speculation-driven bull market. EOS, which is sitting one spot above BNB on CMC, achieved a similar feat in May 2018.

‘Binance Coin is outpacing the overall crypto market. While Bitcoin is off 75% from its all-time-high, Binance Coin has recovered. There is fundamental growth and synergy taking place that is contributing to the rising price of Binance Coin,’ says BitBull Capital CEO Joe DiPasquale.

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Pumping other coins

On Apr. 18, Binance launched the mainnet of its custom Blockchain Binance Chain. The migration of BNB tokens from Ethereum to Binance Chain is scheduled to take place on Apr. 23. This is going to be the second largest token swap in history.

Binance, which is now completed with Ethereum, has already on-boarded some Blockchain projects, including Mithril (MITH) that experienced a 70 percent price pump after its launch on Binance Chain.

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