Topic: $2.5 Million: Binance Invests in Aussie Crypto Payments Startup to Push Adoption - page 2. (Read 462 times)
March 25, 2019, 07:39:51 PM
good news, maybe this will affect the price of BNB tokens, but investment at startup is very risky and the same thing as trading crypto assets price fluctuations but those who like challenges of course the risk of investment is an exciting challenge, if this investment is successful I think the price BNB tokens will increase.
December 29, 2018, 11:04:13 PM
$2.5 Million: Binance Invests in Aussie Crypto Payments Startup to Push Adoption
Australian cryptocurrency payments startup Travelbybit has seen a cash injection of $2.5 million from a high-profile investor in Binance, the world’s largest cryptocurrency exchange.
Crypto unicorn Binance is investing AUD $3.48 million (approx. USD$2.5 million) in TravelbyBit to further expansion of the latter’s network of cryptocurrency payment terminals following a successful implementation in Brisbane earlier this year, Business Insider Australia reported on Wednesday.
The two companies will jointly collaborate in introducing a point-of-sale (POS) system – already developed by TravelbyBit – into “major airports around the world,” the report added. The objective is to propel cryptocurrency adoption among travelers who commonly see friction in currency conversion and other markup fees.
Binance chief executive Changpeng Zhao said:
“Let’s start with airports and go from there…Real, on-the-ground, just-when-you-need-it use case is the key to further crypto adoption. In this light, there is no better fit than being able to use your crypto when travelling, just after you land in a foreign country, where you may not have the local currency.”
https://www.ccn.com/2-5-million-binance-invests-in-aussie-crypto-payments-startup-to-push-adoption/
Why can't binance make their own crypto as payment for their mission to push on adoption. We all know that binance is one of the biggest exchange for cryptocurrency and for that they could influence clients or users to use their own crypto. THis will be a big start for cryptocurrency and it will be greater than it was happening. Australian cryptocurrency payments startup Travelbybit has seen a cash injection of $2.5 million from a high-profile investor in Binance, the world’s largest cryptocurrency exchange.
Crypto unicorn Binance is investing AUD $3.48 million (approx. USD$2.5 million) in TravelbyBit to further expansion of the latter’s network of cryptocurrency payment terminals following a successful implementation in Brisbane earlier this year, Business Insider Australia reported on Wednesday.
The two companies will jointly collaborate in introducing a point-of-sale (POS) system – already developed by TravelbyBit – into “major airports around the world,” the report added. The objective is to propel cryptocurrency adoption among travelers who commonly see friction in currency conversion and other markup fees.
Binance chief executive Changpeng Zhao said:
“Let’s start with airports and go from there…Real, on-the-ground, just-when-you-need-it use case is the key to further crypto adoption. In this light, there is no better fit than being able to use your crypto when travelling, just after you land in a foreign country, where you may not have the local currency.”
https://www.ccn.com/2-5-million-binance-invests-in-aussie-crypto-payments-startup-to-push-adoption/
December 29, 2018, 10:11:55 PM
I am believe with more company collaborate, it will make crypto adoption become more faster. I think in near future, we will used cryptocurrency for our daily activity and more people will join in this market. Hope the best for the real project and make peoples life more easier
December 29, 2018, 02:48:24 PM
Australia is one of the few countries that supports the development of blockchain and cryptocurrency technology in the national interest.
Today, several tokens are already supported by the government, so this is really good news.
The most famous coin on CMC Power Ladger-for the last year continues to hold good positions and this is not the only example. The contribution from the binance will bring success in this direction because it is the most popular exchange today that can succeed with its authority
Today, several tokens are already supported by the government, so this is really good news.
The most famous coin on CMC Power Ladger-for the last year continues to hold good positions and this is not the only example. The contribution from the binance will bring success in this direction because it is the most popular exchange today that can succeed with its authority
November 21, 2018, 05:33:08 AM
i heard few weeks back they started this program as well https://www.binancelabs.co/ but this seems something completely unrelated with it
Making bitcoin adoption faster doesn't happen in one night but payment gateaways are not the way to do that. I have always talked about how the bitcoin mobile payment apps are much better for this type of adoption than the ATM machines. You can have places people can go and buy/sell bitcoin whenever you want in EVERY street and it still wouldn't be as good as getting a decent payment mobile phone app that allows people to pay with bitcoin in places that doesn't even take bitcoin. Just make sure the app can pay the person in fiat if they prefer and you can spend your bitcoins anywhere you go just like your bank app on your phone. People need to realize that pos machines can take payments from mobile apps now and that is our way to get bitcoin more in the hands of spenders which will be our way of adoption.
November 19, 2018, 05:11:30 AM
$2.5 Million: Binance Invests in Aussie Crypto Payments Startup to Push Adoption
Australian cryptocurrency payments startup Travelbybit has seen a cash injection of $2.5 million from a high-profile investor in Binance, the world’s largest cryptocurrency exchange.
Crypto unicorn Binance is investing AUD $3.48 million (approx. USD$2.5 million) in TravelbyBit to further expansion of the latter’s network of cryptocurrency payment terminals following a successful implementation in Brisbane earlier this year, Business Insider Australia reported on Wednesday.
The two companies will jointly collaborate in introducing a point-of-sale (POS) system – already developed by TravelbyBit – into “major airports around the world,” the report added. The objective is to propel cryptocurrency adoption among travelers who commonly see friction in currency conversion and other markup fees.
Binance chief executive Changpeng Zhao said:
“Let’s start with airports and go from there…Real, on-the-ground, just-when-you-need-it use case is the key to further crypto adoption. In this light, there is no better fit than being able to use your crypto when travelling, just after you land in a foreign country, where you may not have the local currency.”
https://www.ccn.com/2-5-million-binance-invests-in-aussie-crypto-payments-startup-to-push-adoption/
Australian cryptocurrency payments startup Travelbybit has seen a cash injection of $2.5 million from a high-profile investor in Binance, the world’s largest cryptocurrency exchange.
Crypto unicorn Binance is investing AUD $3.48 million (approx. USD$2.5 million) in TravelbyBit to further expansion of the latter’s network of cryptocurrency payment terminals following a successful implementation in Brisbane earlier this year, Business Insider Australia reported on Wednesday.
The two companies will jointly collaborate in introducing a point-of-sale (POS) system – already developed by TravelbyBit – into “major airports around the world,” the report added. The objective is to propel cryptocurrency adoption among travelers who commonly see friction in currency conversion and other markup fees.
Binance chief executive Changpeng Zhao said:
“Let’s start with airports and go from there…Real, on-the-ground, just-when-you-need-it use case is the key to further crypto adoption. In this light, there is no better fit than being able to use your crypto when travelling, just after you land in a foreign country, where you may not have the local currency.”
https://www.ccn.com/2-5-million-binance-invests-in-aussie-crypto-payments-startup-to-push-adoption/
As time goes by Binance was getting better and better, this exchange platform has surpassed many exchange especially the old exchangers such Bittrex and poloniex, Bifinext and kraken, meaning Binance is doing the right things to their community and they embraced it more, so this therefore a good news again to all of us who this platform.
November 19, 2018, 03:47:01 AM
This is one of the positive outcomes from the Australian governments
decision last year to attract crypto startups to their country.
It is also great news for crypto with the backing of Binance, this is set
to be a hugh success. I like this comment.....
'lets start with airports'
decision last year to attract crypto startups to their country.
It is also great news for crypto with the backing of Binance, this is set
to be a hugh success. I like this comment.....
'lets start with airports'
November 18, 2018, 11:43:59 PM
Woah, huge money pumped into cryto currencies so it would be adopted is a good sign that people have huge expectations when it comes to crypto currencies and blockchains. I just hope that more and more countries push this move and finance Crypto currency so they could be adopted once and forall.
November 05, 2018, 03:11:52 AM
Well i hope that they can actually make it and be of use down under. That is progressive and if it becomes successful we can have a presidence that we can use to convince other nations to adopt crypto currency in their countries because apparently the help of crypto currency in Venezuela isn't enough yet.
October 11, 2018, 04:01:46 AM
Binance is investing AUD $3.48 million (approx. USD$2.5 million) in TravelbyBit to further expansion of the latter’s network of cryptocurrency payment terminals following a successful implementation in Brisbane earlier this year, Business Insider Australia reported on Wednesday.
It's great to see that an exchange cares about cryptocurrencies being used properly! I mean, they profit from cryptos being constantly traded as if that was the main purpose of their creation, but also care about developing ways to help people use cryptocurrencies to purchase goods and services! Terminals accepting payments in coins is like a dream to me! For now it is mainly as if owning btc wasn't the same as possessing money. One usually needs to convert it to 'real' money first. I hope more companies will try to help make crypto payments possible. October 11, 2018, 03:23:52 AM
I will look after the startup Travelbybit. Most likely, in the future Binance will list tokens on their exchange and will pump the price to get the maximum profit. If it is, then I will definitely take the chance.
October 09, 2018, 08:47:42 PM
the Binance market is pretty great, this news shows the Binance market is serious about wanting to remain the Best Crypto Market in the world and I think the Binance Market will be the best market for a long time, but I don't know what markets dare to compete with Binance market
October 06, 2018, 02:36:47 PM
i heard few weeks back they started this program as well https://www.binancelabs.co/ but this seems something completely unrelated with it
October 06, 2018, 01:28:40 PM
Binance is investing AUD $3.48 million (approx. USD$2.5 million) in TravelbyBit to further expansion of the latter’s network of cryptocurrency payment terminals following a successful implementation in Brisbane earlier this year, Business Insider Australia reported on Wednesday.
It's great to see that an exchange cares about cryptocurrencies being used properly! I mean, they profit from cryptos being constantly traded as if that was the main purpose of their creation, but also care about developing ways to help people use cryptocurrencies to purchase goods and services! Terminals accepting payments in coins is like a dream to me! For now it is mainly as if owning btc wasn't the same as possessing money. One usually needs to convert it to 'real' money first. I hope more companies will try to help make crypto payments possible. 
October 06, 2018, 12:35:12 PM
This CZ dude has been improving their brand insanely by purchasing new stuff and pushing forward their company.
Binance was a trading company but if it keeps going with this I think they could literally become a tech giant as well and I can see it getting bought of making CZ big. That is what the wall street people want to see, a company getting big quickly and than to keep that profit income steady buying other companies and making their value bigger and bigger, look at facebook, how many people use facebook anymore ?
It is not as big as it used to be, however they bought whatsapp and instagram, look at google they bought youtube and many others, binance is on the road to be crypto version of these companies.
Binance was a trading company but if it keeps going with this I think they could literally become a tech giant as well and I can see it getting bought of making CZ big. That is what the wall street people want to see, a company getting big quickly and than to keep that profit income steady buying other companies and making their value bigger and bigger, look at facebook, how many people use facebook anymore ?
It is not as big as it used to be, however they bought whatsapp and instagram, look at google they bought youtube and many others, binance is on the road to be crypto version of these companies.
October 06, 2018, 09:28:42 AM
I think that binance is wise in his investments ! This is one of the best exchanges that I know and ready to listen to their opinion !
October 06, 2018, 06:40:21 AM
$2.5 Million: Binance Invests in Aussie Crypto Payments Startup to Push Adoption
Australian cryptocurrency payments startup Travelbybit has seen a cash injection of $2.5 million from a high-profile investor in Binance, the world’s largest cryptocurrency exchange.
Crypto unicorn Binance is investing AUD $3.48 million (approx. USD$2.5 million) in TravelbyBit to further expansion of the latter’s network of cryptocurrency payment terminals following a successful implementation in Brisbane earlier this year, Business Insider Australia reported on Wednesday.
The two companies will jointly collaborate in introducing a point-of-sale (POS) system – already developed by TravelbyBit – into “major airports around the world,” the report added. The objective is to propel cryptocurrency adoption among travelers who commonly see friction in currency conversion and other markup fees.
Binance chief executive Changpeng Zhao said:
“Let’s start with airports and go from there…Real, on-the-ground, just-when-you-need-it use case is the key to further crypto adoption. In this light, there is no better fit than being able to use your crypto when travelling, just after you land in a foreign country, where you may not have the local currency.”
https://www.ccn.com/2-5-million-binance-invests-in-aussie-crypto-payments-startup-to-push-adoption/
Well, this is good but it is only for those that are already owning cryptocurrency. Not everyone owns cryptocurrency and those who don’t have it won’t be interested at all no matter how much you try to push them into. We all have choice and I’m not the kind of person that leaves much of my money in cryptocurrency cause I know what follows, price can fall at anytime or maybe rise. But whatever, like I said before s, it is good. Australian cryptocurrency payments startup Travelbybit has seen a cash injection of $2.5 million from a high-profile investor in Binance, the world’s largest cryptocurrency exchange.
Crypto unicorn Binance is investing AUD $3.48 million (approx. USD$2.5 million) in TravelbyBit to further expansion of the latter’s network of cryptocurrency payment terminals following a successful implementation in Brisbane earlier this year, Business Insider Australia reported on Wednesday.
The two companies will jointly collaborate in introducing a point-of-sale (POS) system – already developed by TravelbyBit – into “major airports around the world,” the report added. The objective is to propel cryptocurrency adoption among travelers who commonly see friction in currency conversion and other markup fees.
Binance chief executive Changpeng Zhao said:
“Let’s start with airports and go from there…Real, on-the-ground, just-when-you-need-it use case is the key to further crypto adoption. In this light, there is no better fit than being able to use your crypto when travelling, just after you land in a foreign country, where you may not have the local currency.”
https://www.ccn.com/2-5-million-binance-invests-in-aussie-crypto-payments-startup-to-push-adoption/
October 05, 2018, 06:27:31 PM
Binance is a great exchange, arguably the best in the space at the moment. I carry out over 80% of my trades on their platform. Their investment in Aussie crypto payments startup, Travelbybit is a huge development
October 05, 2018, 06:18:52 PM
I cam across the news days ago and i was very pleased by the news because Binance has been spending a lot of money spending their business so that they won't base their income solely on binance exchange. also they are building and have test their decentralized exchange which they will launch in the near future and I feel binance are ahead most of the exchange and i think they will continue with exchange with high volume.
October 05, 2018, 03:49:21 PM
I have always admire Binance and its contributions to cryptocurrency development. This is just another great stride from the company. No wonder it will remain the top cryptocurrency exchange in the world.
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