@Bitcoin Twitter Account Gets Temporarily Restricted

 Comment of the Day @TuurDemeester

Amidst the ceaseless twitter scams, one positive has emerged from crypto twitter recently. @Bitcoin has been reported by the bitcoin community so many times the account has been restricted and followers have been lost as a result.

Not only is this fraudulent but it actually has a very tangible negative consequence. The most obvious being the huge cases of investors sending Bitcoin to BCash wallets. Bitcoin.com even lists BCash wallets as defaults, needles to to say they are not refunding those who send Bitcoin to their BCash wallets. Coinbase even had to place an alert on their app as they were receiving so many support tickets.

Coinbase Bitcoin Cash warning

Roger Ver was an early investor in Bitcoin and has invested in many crypto focused companies. However, he has taken the minority side of the scaling debate and is in full support of BCash over Bitcoin. Despite storing a significant amount of his wealth in Bitcoin still. Unfortunately for the entire crypto space he is using his significant influence as the owner of Bitcoin.com and its twitter account to spread misinformation and outright lie.

Thankfully the account has been temporarily banned due to the numerous people that have reported the account for spam and fraud. 

The Bitcoin vs BCash debate has been all consuming and Rogers antics. Roger’s recentantics include; supporting the crackpot theory that Craig Wright is Satoshi, claiming Bitcoin.com wallets storing the mnemonic seed in plain text is not a vulnerability, paying for social media accounts to promote BCash, paying for models to have ‘BCHPLS’ drawn on their chests, attacking Andreas Antonopoulos’s financial decisions then taking the credit for making him a millionaire… This list only skims the surface of Roger’s questionable behaviour.

Perhaps the best solution would be to hand over control of @Bitcoin to one of the top crypto twitter shitposters @NeerajKA: 

You Can Now Buy Crypto With Visa and Mastercard via Binance App for Android

Siamak Masnavi

On Thursday (April 25), Binance announced that its mobile app for Android now lets you buy with Mastercard or Visa some of the most popular cryptocurrencies that are listed on Binance.com.

According to Binance, this support for cryptocurrency purchases via debit/credit cards, which is possible as a result of the partnership with Fintech startup Simplex that was announced on January 31, is available in version 1.5.8.0 or higher of the "Binance - Cryptocurrency Exchange" app for Android.

Since January 31, it is has been possible to buy on the main Binance website (Binance.com) Bitcoin (BTC), Bitcoin Cash (BCHABC), Ether (ETH), Litecoin (LTC), and XRP using debit/credit cards (Mastercard and Visa). Then, on March 12, it became possible to do the same on Trust Wallet (Binance's official non-custodial wallet app). And now, the Binance app for Android joins the party by offering the same feature.

 

Here is what you need to do to buy crypto via debit/credit cards on the Binance app for Android:

  • Tap on the "Credit Card" button, which is the last button on the toolbar you see in the middle of the "Home" screen. This takes you to the "Buy Bitcoin" screen.

Binance App for Android - Screenshot 1 - 25 Apr 2019.jpg

  • On the "Buy Bitcoin" screen, you can choose from a dropdown list the cryptocurrency you want to buy (BTC, XRP, ETH, LTC, or BCHABC), specify the quantity of a particular cryptocurrency that you want to buy, and choose the fiat currency (USD or EUR) you want to pay with.

Binance App for Android - Screenshot 2 - 25 Apr 2019.jpg

  • You will then be shown the total amount (including the fee) that you will get charged if you go ahead with the purchase.

Binance App for Android - Screenshot 3 - 25 Apr 2019.jpg

  • Once you tap on the "Buy Now" button on this screen, you will be shown a "Confirm Your Order" screen.

Binance App for Android - Screenshot 5 - 25 Apr 2019.jpg

  • If you then tap on the "Accept, go to payment" button on the confirmation screen, you will be taken to the checkout screen on Simplex.com, where you will be asked to enter into a form your personal details (email, phone number, date of birth) and your card details.

Binance App for Android - Screenshot 6 - 25 Apr 2019.jpg

Here are a few things you should be aware of:

  • "The crypto amount quoted is based on the current rate and is not final. If the rate changes by more than +/-2.5% you will be asked to reconfirm the transaction via email from Simplex"
  • The fee is "3.5% per transaction or 10 USD, whichever is higher."

Featured Image Credit: Photo via Pixabay.com. Screenshot Images Courtesy of Binance