pundi x (PUNDIX) altcoin, According to his official Twitter account, he has established a partnership with Binance Pay.
PUNDIX Altcoin Price Suddenly Rises After Binance Announcement
After the partnership announcement, PUNDIX, which climbed from $ 0.55 to $ 0.74, lost some of its rise at the time of this writing and is traded at $ 0.62.
According to the company’s statement, the partnership will allow merchants in 30 countries to use Binance Pay on Pundi X’s XPOS devices. cryptocurrency It will enable them to accept payments made with their units more easily.
🎉 #PundiX has partnered with @Binance Pay to enable thousands of merchants across 30 countries to easily accept #cryptocurrency payments via #XPOS devices.
A major step towards mainstream #adoption! #BinancePayhttps://t.co/xeOUKFgrfp
— Pundi X Labs | We are hiring! (@PundiXLabs) February 24, 2023
According to Pundi X CEO Zac Cheah, the partnership demonstrates the company’s commitment to making crypto transactions accessible to everyone:
“Binance’s influence in the cryptocurrency industry makes this partnership a great opportunity to engage more users and merchants in the blockchain ecosystem.”
Pakning Luk, Regional BD President of Binance Pay, stated that the partnership will further increase the adoption of cryptocurrencies as a means of payment.
“Combining the efficiency, security and accessibility of both Binance Pay and XPOS will enable more widespread adoption of cryptocurrencies as a means of payment,” Luk said.
However, the PUNDIX altcoin is still trading well away from its April 2021 peak of $7.14.
The Pundi X project was founded in 2017 by Zac Cheah and Pitt Huang.
*Not investment advice.
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