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Binance Allows Buying UNI & TLM with Credit/Debit Card

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You can now buy Uniswap Token UNI and Alien World token TLM on Binance using credit and debit cards. 

Binance supported fiat currencies are the EUR, USD, RUB, AUD, UAH, PHP, TRY, PLN, TWD, SAR, AED and HKD. 

Binance KYC verification is mandatory 

Before users can purchase tokens using debit or credit cards, users are expected to have verified their accounts to enable them to make fiat deposits and increase withdrawal limits. 

Uniswap is the leading decentralized exchange platform based on the ethereum network. Alien Worlds describes itself as “a game where you can earn Trilium (TLM) for mining and have a chance to mine an NFT game card each time you mine.” It’s a blockchain-based game and anyone can play.

Binance Recent Endeavours 

Binance has been in the news recently over regulatory crackdown by regulators in several countries and has also been sued by aggrieved users. Despite these, Binance has continued to grow immensely.

Some weeks ago, the Financial Conduct Authority (FCA) in the UK halted the operations of Binance in the nation and a few days ago, the FCA cleared Binance to operate in the UK. 

On the journey to be regulatory compliant, Binance hired former Chief Regulatory Officer of the Singapore Stock Exchange Richard Teng to head the Binance Singapore operations.

Richard Teng has also worked as CEO of Financial Services Regulatory Authority at Abu Dhabi Global Market.

Speaking on the new role, Richard Teng said

“I look forward to working with the talented team at Binance Singapore in furthering our business growth in a responsive and sustainable manner by meeting the needs of investors, adhering with best practices and complying with regulatory standards.” 

“We seek to work closely with industry leaders and policymakers to enhance understanding of this fast growing industry and support its sustainable growth,” Teng added. 

What do you think? Share your comments below. 

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