Despite a turbulent few days for Binance global, its American unit has finally pushed the big red button on its 'Pay' feature for US customers.
United States crypto exchange Binance US has finally rolled out its Binance Pay service — some 22 months after the feature was launched by the global exchange to its customers outside the U.S. in 2021.globally in Feb. 2021 for peer-to-peer payments which was expanded to include merchant transactions on Mar. 12, allows mobile users of the Binance app to instantly transact nearly 150 supported cryptocurrencies without fees.
Meanwhile, amid the recent FUD against Binance global, Binance CEO Changpeng Zhao applauded the Binance American unit, saying to “Keep building!”To access the new features, Binance.US users would need to update to the latest version of the app, and go through identity verification as well as loading their Pay wallet.
However, the service only facilitates transactions between users on the Binance US mobile app. Users can receive up to $1 million in crypto every 24 hours.At the time of writing Binance’s Bitcoin (
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