Binance continues to embrace the cryptocurrency. Entertix, one of the largest ticketing platforms in Romania, has started accepting crypto as an alternative payment. For this, it has partnered with the world’s largest crypto exchange Binance. Users can now pay with cryptocurrencies such as ETH, XRP, BTC, DOGE. Here are the details…
Cryptocurrencies such as DOGE, XRP, ADA can be used for payments.
According to the announcement made by Binance founder Changpeng Zhao (CZ), Entertix will use Binance Pay. Thus, it will accept payments made with Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), Binance Coin (BNB), Ethereum (ETH), Ripple (XRP), DOGE and other crypto assets. “Binance Pay is now available on Entertix, the largest ticketing platform in Romania,” CZ said in a tweet. It encouraged cryptocurrency holders to use the solution to purchase tickets for various Romania-based events, including Rapid Bucharest match tickets.
“You can buy tickets for the team we sponsored [FC Rapid Bucharest] and many other events,” Binance CEO added. Entertix is a Romania-based ticket sales and event management platform. The company offers ticket sales for various events in Romania, including movie and sports tickets.
Binance provides crypto acceptance
The development is part of Binance’s unending efforts to adopt cryptocurrency around the world. Like other cryptocurrency payment providers, Binance is striving for wide acceptance of the nascent asset class as an alternative payment solution. One of the ways the exchange is promoting wide acceptance of cryptocurrency payments is through Binance Pay.
Binance Pay is a contactless payment system designed by the world’s largest cryptocurrency exchange. With this solution, users can spend, pay and send cryptocurrencies anywhere in the world in seconds. Currently, Binance Pay, 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 supports.
Binance Pay offers solutions to traditional payment systems such as fast and cheap transactions. There seems to be endless benefits associated with this service. For example, leading businesses have adopted the system, including the leading Ukrainian food chain retailer Varus. Binance pay also enables 29 Malls and 13 hotels in the UAE to accept cryptocurrencies. As we’ve also reported on cryptokoin.com, Binance launched Binance Pay in February 2021.