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Binance and Splyt Team up to Provide Ridehailing Services on Binance Marketplace

Binance and Splyt Team up to Provide Ridehailing Services on Binance Marketplace

Users will be able to utilize cryptocurrencies as one of the payment methods to pay for various Splyt services.

On June 14, Binance, the world’s biggest crypto exchange, and Splyt, the leading B2B global lifestyle services network, formed a partnership to provide more access to experiences on Binance Marketplace.

According to the official statement, more than 90 million Binance users in over 150 countries will have the ability to book and pay for ridehalling services in various cryptocurrencies, such as Bitcoin (BTC) and Ether (ETH).

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In addition, users will be able to pay for "bikesharing, scooters, airport transfers, public transport and even food delivery” services.

Binance Ceo Changpeng Zhao (CZ) shared the news on his Twitter account and encouraged users to join the crypto exchange.

The announcement comes after Binance issued a statement regarding the temporary pause of Bitcoin (BTC) withdrawals. However, after several hours, the crypto exchange stated that “withdrawals on the Bitcoin (BTC) network have now resumed.”

CEO and co-founder of Splyt Phillip Mintchin implied that this is the first collaboration between such companies in the crypto environment that will pave the way for a broader customer base. He added:

“We're thrilled to partner with Binance, the world's leading cryptocurrency exchange, as it pioneers the integration of ridehailing and experiences, and evolves into a true superapp. Furthermore, Binance's 90 million users will become an incredibly strong demand partner for our network of ridehailing and experience providers.”

In other news, earlier in June, Binance stopped supporting Litecoin (LTC) transactions that are sent through the MimbleWimble Extension Blocks (MWEB) function.

Aaron S. , Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
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