Large retailers, such as Microsoft and Starbucks, and small businesses have begun to accept crypto payments for their goods and services. It’s easy to forget that people use cryptocurrencies like BNB, BTC, and BUSD to transfer value.
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You can also order a free Binance Card if you prefer making payments with a credit or debit card.Īlthough crypto is famous for speculation and investment, it does have another use case: payments. Once you’re ready, you can begin making payments to any other Binance Pay user or supported retailer. The service is available to all Binance users with a crypto wallet and charges zero fees. You can start making crypto payments by using Binance Pay. On the other hand, a payment gateway provides less control, may charge fees, and takes longer to set up than a standard wallet. A payment service will often be more intuitive than a wallet and also have customer support. There’s no need to use local fiat currencies for international transfers. You can also use a crypto debit or credit card to make fiat payments with crypto you have in a linked account.Ĭrypto payments provide a cheap, quick, and fast way to transfer funds.
This saves you from manually copying addresses and making mistakes. While you can transfer funds manually, payment gateways provide a simpler way to accept crypto payments. Crypto payments are becoming more widely accepted by retailers, individuals, and businesses.
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