Mobile app Spend now allows crypto users to buy, sell, and pay with Binance and TRON at over 40 million locations. Users of the application can also now store and spend Binance and TRON by using the Spend Visa Card, which instantly converts crypto into fiat.
The addition of two new cryptocurrencies happened this week after the project announced a new version of the popular mobile application a week ago. TRON and Binance join 16 other popular cryptocurrencies supported by the popular VISA app.
The addition of two new cryptocurrencies happened this week after the project announced a new version of the popular mobile application a week ago. TRON and Binance join 16 other popular cryptocurrencies supported by the popular VISA app.
Spend has included a variety of new features to their mobile iOS and Android apps in recent updates. Now users have the ability to set up contacts, asset analytics, referrals, rewards, in-app exchanges and biometric security options.
The platform operates by allowing mobile users to access a multi-currency digital wallet on their smartphones by linking to a bank account. As well as the two new additions, the Spend app also allows users to buy or sell 16 other well-known cryptocurrencies and transfer funds to over 180 countries worldwide.
Binance and TRON See Immense Growth Despite Bear Market
Binance and TRON are both seeing immense growth in regards to adoption despite the bear market. In a phone interview Wednesday, Binance CFO Wei Zhou told CNBC that the exchange is still profitable despite the longest bear run in cryptocurrency history.
To date, even in this bear market, we still run a profitable business,
Wei Zhou, Binance CFO
Binance Coin, the native cryptocurrency of the Binance exchange is currently sitting pretty on a massive 75% gain in the past month while most other cryptocurrencies suffer huge losses and low prices.
TRON has also seen massive adoption and positive price action in recent times. Before the projects addition to the Spend App, TRON just held probably the most successful ICO in 2019 for its biggest acquisition BitTorrent.
Momentum continues to build for TRON’s price as the issuance of tokens by BitTorrent on its blockchain has brought several eyes to the project.