Binance continues to drive cryptocurrency adoption.
Entertix, one of the biggest ticketing platforms in Romania, has partnered with the world’s largest cryptocurrency exchange, Binance, to accept crypto as an alternative payment.
According to an announcement made by Binance founder Changpeng Zhao (CZ), Entertix will use Binance Pay to accept payment in various cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), Binance Coin (BNB), Ethereum (ETH), Ripple (XRP) among other crypto assets.
“Binance Pay is now available on the biggest ticketing platform in Romania – Entertix,” CZ said in a tweet.
He encouraged cryptocurrency holders to use the solution to purchase tickets for several Romania-based events, including match game tickets of FC Rapid București.
“You can buy tickets for the team we sponsor [FC Rapid București] and many other events,” the Binance boss added.
#Binance Pay is now available on the biggest ticketing platform in Romania🇷🇴 – Entertix. You can buy tickets for the team we sponsor @RapidFC1923 and many other events. Pushing adoption. pic.twitter.com/MHeFCmRD8k
— CZ 🔶 Binance (@cz_binance) October 13, 2022
Entertix is a Romania-based ticket sales and event management platform. The company offers sales of tickets for various events within Romania, including movie and sports tickets.
Binance Drives Crypto Adoption
The development is part of Binance’s unending efforts by Binance to drive cryptocurrency adoption across various parts of the world. Like other cryptocurrency payment providers, Binance is also at the forefront of pushing for wide acceptance of the nascent asset class as an alternative payment solution.
One of the ways the exchange fosters 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 to any part of the world in seconds.
At the moment, Binance Pay supports over 45 cryptocurrencies, such as 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.
Binance Pay proffers solutions to traditional payment systems, such as fast and cheap transactions. With the unending benefits associated with Binance Pay, top businesses have adopted the system, including a top Ukrainian food chain retailer, Varus.
Binance pay also allowed 29 Shopping Malls and 13 hotels In UAE to accept crypto.
As reported by The Crypto Basic, Binance launched Binanace Pay in Feb 2021.