Entertix, one of the biggest ticketing platforms in Romania, has partnered with Binance, the world’s largest crypto exchange by trading volume, to adopt crypto as an alternative payment method for event tickets.
The new development was announced on Twitter a couple of hours ago by Changpeng Zhao (CZ), the Chief Executive Officer of Binance.
Read Also: Binance Not Slowing Down Investment Spree, Plans to Spend Over $1 Billion before the End of 2022
It should be noted that the payment will be facilitated by Binance Pay, a contactless, borderless, secure crypto payment system, using a number of listed cryptocurrencies, including, Bitcoin (BTC), Ethereum (ETH), Ripple’s XRP, VeChain (VET), Cardano (ADA), and others.
According to CZ Binance in the announcement, this is one of the ways Binance has adopted to further push for the global adoption of cryptocurrency.
CZ tweeted, “Binance Pay is now available on the biggest ticketing platform in Romania – Entertix. You can buy tickets for the team we sponsor @RapidFC1923 and many other events. Pushing adoption.”
Since the beginning of the year, Binance has been making moves to boost the adoption of cryptocurrency globally like never before.
In terms of the adoption and regulation of crypto in various countries of the world, Binance is topping the rank compared to other top exchanges.
Read Also: XRP Ledger Has Processed Over 75 Million Blocks, Indicating Rapid Adoption of Ripple Solutions
One of the ways to make its efforts effective is by designing Binance Pay, which was earlier described as a contactless, borderless, secure crypto payment system.
Currently, Binance Pay supports a total of 47 digital currencies, including ADA, ATOM, AVA, BCH, BNB, BTC, BUSD, CTSI, DASH, DOGE, DOT, EGLD, EOS, ETC, ETH, FIL, FRONT, FTM, GRS, HBAR, IOTX, LINK, LTC, MANA, MATIC, NEO, OM, ONE, PAX, QTUM, STRAX, SXP, TRX, TUSD, UNI, USDC, USDT, VAI, VET, WRX, XLM, XMR, XRP, XTZ, XVS, ZEC, and ZIL.
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