By r3xol
Binance Pay is a user-to-user crypto payment service, it is a contactless, borderless and secure Crypto currency payment technology designed by Binance.
As payment transactions are becoming less stressful around the globe, so is Binance also making life easy with Binance Pay.
How to set up a Binance Pay account
- In order to have access to Binance Pay, you have to complete KYC verification.
- Login to your Binance account>>> Profile>> click on Pay
- Click on Open Binance Pay
- Create a Nickname and tick the box of terms of use>>> click on next
- Set your pay pin and click next
- You can top your Binance Pay wallet from your spot wallet.
- You’re all set up for your Binance Pay.
How to use Binance Pay
Sending crypto currency to another Binance Pay user
- Scan the recipient’s Binance Pay QR code with your Binance app or paste the recipient’s Pay ID
2. Confirm Payment details>>> Add note if you wish>>> Click Confirm
3. To change Payment currency click funds to use to view available currencies for payment. You could also change the payment method to either your Binance Pay wallet or your Spot wallet>>> Click confirm
4. Enter your Pay PIN
5. You have successfully sent crypto currency through Binance Pay
Receiving crypto currency payments on Binance Pay
- Click receive>>> add amount
- Select the coin you wish to receive and enter amount
- Binance Pay would generate a unique QR code based on payment details
- Send the QR code or your Pay ID to the person paying you in order to receive payment.
- The funds will reflect in your Pay wallet once the payment is completed.
Benefits of using Binance Pay
- Fast payments: with Binance Pay, you could send crypto currencies to friends and family across the globe at lightening speed.
- Choice of Crypto currencies: with Binance Pay, there are over 40 crypto currencies from which you can choose from to send.
- Payment preferences: Binance Pay gives the opportunity for users to set their preferred payment crypto currency.
- Safety: Binance Pay offers maximum security for all assets that are kept in the Pay wallet as it is near difficult for scammers to gain unauthorized access to your funds.
- Zero fees: Yes, zero fees. You can pay, send and receive crypto currencies all at Zero fees.
So why don’t you make that smart decision today of making use of Binance Pay today https://pay.binance.com/en
Happy Trading! https://www.binance.com/en/buy-sell-crypto?ref=ZCF73TU7
