Pundi X (PUNDIX) Signs With Binance Pay

Binance, the world’s largest cryptocurrency exchange by transaction volume, continues to lead the industry with the steps it takes. Altcoins supported by Binance can experience sharp rises even in bad market conditions.

The altcoin named Pundi X (PUNDIX) managed to sign an agreement with Binance Pay, the payment unit of Binance. Sharing the announcement on the official Twitter account, the Pundi X team conveyed the following words on the subject:

Zac Cheah, CEO of Pundi X, highlighted the following about this partnership:

“The partnership will enable us to deliver on our commitment to facilitate crypto transactions that are accessible to all. Binance’s influence in the crypto industry makes this partnership a great opportunity to bring more users and merchants to the blockchain ecosystem.”

Although this partnership of Pundi X Labs did not make a huge noise due to the declines of Bitcoin, PUNDIX started to rise after the partnership announcement. After the partnership announcement, PUNDIX, which managed to experience an increase of 30%, returned to its old levels with the depreciation of Bitcoin. At the time of writing, PUNDIX is priced at $0.57.