James Atkins
Editor
Editor
Binance launches a new payment platform that offers seamless and secure transactions across multiple platforms in the US.
With Binance Pay, users can quickly and easily send and receive funds, make purchases and payments; and manage their Binance account from a single app. Here are some key points to note:
On Tuesday, December 13th, Binance, the largest cryptocurrency exchange in the world, announced that its customers in the United States can now use Binance Pay.
The crypto exchange elaborated that Binance Pay is a cryptocurrency payment technology that is borderless, contactless, and secure. With Binance Pay, users can send and receive cryptocurrency payments from their friends and family all over the world.
This new feature will be a huge boon for US Binance customers. Who will now have access to the same fast and easy payment technology, that Binance users in other countries have been enjoying for months.
Binance remains the world’s leading crypto exchange, with more than 10 million users worldwide and trading volumes regularly exceeding $1 billion.
Since Binance Pay’s launch in February 2021, it has been available to users globally. At the time of its release, CEO Changpeng Zhao (CZ) stated that payments is one of cryptocurrencies’ most obvious use cases. Binance states that;
“Pay makes it easy to transfer crypto to contacts by doing away with the need for a deposit or withdrawal address, gas fees, or waiting for transactions to settle.”
Binance told its users they could use the feature immediately after this latest cryptocurrency news. That the exchange is also working on releasing a web version.
Binance is the world’s leading cryptocurrency exchange when it comes to daily trading volume. The company processes an astounding $16 billion daily, which is nearly 10 times more than what Coinbase, its closest competitor, processes.
Binance has now launched Binance Pay for its US clients, giving them a faster and simpler way to send and receive cryptocurrency.
Binance Pay was created to make it simpler for users to connect with the Binance exchange. With this, they don’t need to enter long deposits or withdrawal addresses or pay gas fees. Or wonder how long it will take for their transaction to process- saving time and frustration.
Binance Pay streamlines the entire process, making it faster and more convenient to use your Binance account.
With Binance’s continued growth and popularity in the US market. We believe that Binance Pay will help further attract new users and enable a smoother experience for existing ones.
Whether you’re an experienced crypto investor or just getting started. Binance Pay is an essential tool for anyone looking to make the most of their Binance account.
The crypto exchange, Binance, has been working to appeal to more users in the United States recently. By getting rid of trading fees for both bitcoin (BTC) and ether (ETH), they may bring in more business.
Although Binance has had its issues. The United States Department of Justice is now deciding whether or not to press criminal charges against Binance CEO Changpeng Zhao.
Binance Pay is Binance’s new digital wallet that allows users to easily buy, sell, and manage their Binance account from anywhere. With Binance Pay, you’ll enjoy a simple and streamlined experience that makes it easy to stay on top of your finances.
Whether you’re looking for real-time trading data or the ability to quickly send funds to friends. Binance Pay makes it easy to manage your Binance account from anywhere.
I have been writing copy for blockchain-related projects since 2017. I understand the importance of being able to communicate clearly and effectively with both technical and non-technical audiences. By leveraging my understanding of the crypto industry trends, I can help increase adoption in this rapidly evolving landscape.
