Crypto enthusiasts all over the globe can now easily purchase cryptocurrencies such as XRP and Shiba Inu (SHIB) using multiple banking payment methods, thanks to a new partnership between BitPay and Banxa. This collaboration will enable BitPay users worldwide to conveniently acquire various crypto assets, including XRP and SHIB.
The availability of new payment methods on BitPay, the leading crypto payment processor, has significantly expanded the options for purchasing cryptocurrencies.
We’re thrilled to announce our partnership with @BanxaOfficial!
We’re introducing a range of international bankings payment methods, making it easy for our global customers to purchase crypto. https://t.co/PjzjB8djNs#BitPay #Banxa #crypto pic.twitter.com/JRF1ov4Yy9
— BitPay (@BitPay) October 25, 2023
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In addition to Shiba Inu and XRP, users can leverage these new methods to acquire other supported crypto assets such as Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Dogecoin (DOGE), Binance USD (BUSD), USD Coin (USDC), Cardano (ADA), and Litecoin (LTC).
New Payment Methods
The BitPay and Banxa partnership has introduced several payment methods on the BitPay platform, enabling users from different countries to purchase XRP, SHIB, and other cryptocurrencies seamlessly and securely.
- iDEAL: Crypto enthusiasts in the Netherlands can now purchase XRP, SHIB, and other supported cryptocurrencies through iDEAL using the BitPay wallet or website.
- SEPA (Instant & Standard): European users can utilize the SEPA banking payment method to easily purchase SHIB, XRP, and BTC on the BitPay platform.
- ACH (Instant & Standard): Users residing in the United States can now acquire XRP and SHIB using the ACH payment method via BitPay.
- Interac: Exclusively available for the crypto community in Canada, this payment method allows users to buy XRP, SHIB, and other supported crypto assets through the BitPay platform.
- Faster Payment System (FPS): UK residents now have the option to purchase XRP and SHIB with ease using the FPS payment method on the BitPay platform.
- PayID: Australians can conveniently buy XRP and SHIB directly from their bank accounts through the newly added PayID payment method on BitPay.
- POLi: New Zealand residents can now purchase XRP and SHIB directly from their bank accounts using the POLi payment method on BitPay.
- PIX: The crypto community in Brazil can now access the PIX payment method, allowing them to purchase XRP, SHIB, and other assets on the BitPay platform.
- Turkey Bank Transfer: Crypto enthusiasts in Turkey can buy all BitPay-supported crypto assets, including XRP and SHIB, within minutes using this convenient payment method.
Furthermore, other payment methods available on BitPay as a result of the Banxa partnership include South Africa Bank Transfer, SPEI, Khipu, PSE, and Thai QR.
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Impact and Potential
This partnership between BitPay and Banxa marks a significant milestone in the widespread adoption of SHIB and XRP. The availability of multiple banking payment methods for purchasing these cryptocurrencies will undoubtedly make them more accessible to people worldwide, further driving their popularity.
The expansion of banking payment options on BitPay represents a positive development for SHIB and XRP investors. It indicates a growing demand for these crypto assets and demonstrates that major financial institutions are increasingly embracing cryptocurrencies.
Although this development could potentially lead to increased prices for SHIB and XRP in the long run, it is important to note that the cryptocurrency market remains highly volatile, and there is no certainty regarding future price movements. Investors are advised to conduct thorough research before investing in any cryptocurrency.
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