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Binance Launches Payments Service in US

Katie Lin

Summary: Binance recently launched its payments service, Binance Pay, in the US, according to a press release. The new service will allow users to send and receive nearly 150 different cryptocurrencies. “Pay eliminates the complexities of transferring crypto to contacts as users no longer need to enter a complex deposit or withdrawal address, pay gas fees, ...

Binance recently launched its payments service, Binance Pay, in the US, according to a press release.

The new service will allow users to send and receive nearly 150 different cryptocurrencies.

“Pay eliminates the complexities of transferring crypto to contacts as users no longer need to enter a complex deposit or withdrawal address, pay gas fees, or wait an unspecified amount of time for transactions to successfully settle,” the press release said.

The exchange is currently working on a web version of the payments service.

Author: Katie Lin

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