Binance has Signed an Agreement with Apple Pay and Google Pay for Crypto Payment Options!
Binance has Signed an Agreement with Apple Pay and Google Pay for Crypto Payment Options! In order to provide consumers with a variety of trading options, Binance, the world’s largest currency exchange, has decided to offer users multiple crypto payment options. Following the platform update, customers can buy cryptocurrencies on Binance Build using Apple Pay and Google Pay.
Binance offers a new crypto payment option
Binance’s decision is a big step in the right direction to improve the service and encourage people to start investing in cryptocurrencies. Users can easily buy cryptocurrency using these popular payment methods. However, Binance’s action comes after Crypto.com introduced the Apple Pay payment system to its users on June 24, 2022.
In recent years, the value of financial institution payment instruments has increased significantly. Also, people are using these types of apps more regularly than before, and they have been gradually integrated into the cryptocurrency ecosystem.
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Access to digital resources for people
Thanks to the two mobile wallets, the Binance movement is actually giving a significant part of the trading market access to digital assets. In the market, it is one of the most popular payment options. According to Business.com, Apple Pay has 43.9 million users worldwide. In addition, Google Pay is the most widely used digital wallet, with 25 million users, making it the first.
However, the introduction of these mobile wallets represents a change in the availability of digital assets to a wider audience. Additionally, the evolution of these digital wallets can attract new investors to Binance and the cryptocurrency space. Binance is also making a concerted effort to comply with US regulators and law enforcement. The largest crypto exchange came to the US Chamber of Digital Commerce on December 21 to propose rules that promote and protect users.
