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XRP: CZ surprises users by allowing purchase of token directly through credit cards via Binance

XRP: CZ surprises users by allowing purchase of token directly through credit cards via Binance

CZ, the CEO of Binance has once again paid attention to users and added a feature that allows the purchase of XRP directly through credit cards via Binance.

Binance added the feature of buying cryptocurrencies via credit cards on January 31, 2019, but the feature was limited to cryptocurrencies like bitcoin [BTC], Ethereum [ETH], and Litecoin [LTC]. However, the community of users on Binance requested CZ for including XRP with the newly released feature.

CZ pulled through and added the feature to Binance and users can now purchase XRP via credit cards. The much-awaited feature is a result of Binance’s partnership with a payment processing company called “Simplex”.

This will help users to directly buy cryptocurrencies without going through the hassle of buying from a different exchange and then transferring it to the required exchange.

A Twitter user, @XRPcryptonation tweeted:

“A friend of mine tried to buy xrp on Binance with a credit card last night and it wasn’t available yet. Checked this morning and it is now live. You can purchase XRP with your debit or credit card. 3 for $1 but not for long baby! #xrparmy #xrpcommmunity”

CZ retweeted the same with a comment:

“XRP purchasing using a credit card is working now. Slowly but surely.”

This is not the first time CZ has surprised users by abiding by their wishes with respect to the addition of new features to Binance exchange. XRP was added as a quote pair after a Twitter user had tweeted CZ.

CZ replied to the above saying “careful what you wish for” and surely enough, the cryptocurrency was added as a quote pair on Binance as a Christmas gift to the XRP community.

@sixinbrian, a Twitter used commented,

“Might as well max all the credit cards for when the bubble pops right?”

On the other hand, a user @projectsunltd had some strong words for the feature and said,

“Sorry Binance, I usually recommend your exchange. I cannot recommend your direct purchases with credit card. The fee is ungodly. That same BTC if purchased $4000 would yield $140 in fees! VS.. @UpholdInc at the same purchase and market rate would yield $42 in fees.”

The post XRP: CZ surprises users by allowing purchase of token directly through credit cards via Binance appeared first on AMBCrypto.

Published at Wed, 13 Feb 2019 17:03:44 +0000

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Alex Tapscott’s Nextblock Global Receives Major Backlash Prior to Public Offering

Things have gone from bad to worse for Alex Tapscott this past week. Several of his projects have received a lot of scrutiny. Moreover, there are some allegations which have to be rectified as well. Nextblock Global, the company owned by Alex Tapscott, will invest in companies and projects focusing on ICOs. However, the list of advisors for this company is mostly fake. Not a big surprise, but it is still rather worrisome.

Most people in the cryptocurrency world know the name Alex Tapscott. He is a well-known author and Canadian investors. However, his latest business venture raises a lot more questions than answers. Nextblock Global is a very dubious business model, to say the least. Not because of the investing angle, but everything else about it seems pretty fake. Especially the list of alleged advisors contains names which aren’t even associated with this venture.

Trouble Ahead for Nextblock Global

Some of those names include Andreas Antonopoulos and Dmitry Buterin. It is unclear why their names are on the list of advisors, to begin with. Neither of these gentlemen is even remotely connected to this new venture. There are some other names on the page which may also be completely fake, including Vinny Lingham and Kathryn Haun. It is disconcerting to see these names listed on a site they don’t even want to be associated with. It is a common tactic among semi-scammy ICO ventures, though.

The big question is why Alex Tapscott made such a grave mistake. It is evident these names were included to make the company more legitimate. However, it is unclear if this is his doing or someone else’s. The official explanation is how they were “listed in a draft version”. Even so, these names shouldn’t be there unless they agree to be a part of it. A weak explanation, to say the very least. This doesn’t bode well for the future of Nextblock Global either.

It is evident this whole ordeal will cause a lot of heated debate. The Canadian Imperial Bank of Commerce has rebuked its underwriting of the Nextblock Global public offering. This is the only logical decision as long as these “issues” are still being discussed. It is a very strange and potentially unfortunate turn of events. Whether or not there was any foul play involved, will always remain a question. It won’t do the reputation of Alex Tapscott any favors either right now. Then again, if this is an error, it should all blow over pretty soon.

Header image courtesy of Shutterstock

The post Alex Tapscott’s Nextblock Global Receives Major Backlash Prior to Public Offering appeared first on NEWSBTC.

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