- With support for more than 100 crypto courses, this launch means Binance Pay’s integration with Brasil’s popular national Pix payment network.
- Transactions are carried out within seconds and the value of digital asset is immediately converted to Brazilian sale.
In order to facilitate immediate payments in local currency with the help of Cryptocurrencies and transfers to any individual or merchant in the largest country in Latin America, Binance, the largest Cryptocurrency platform in the world through trading volume and user bill, integrated its payment solution, Binance Pay, with Brasil’s Pix system.
To integrate, Brazilian Binance users can now immediately transfer funds to all bank accounts or pay PIX-ACCEPTERING Merchants directly from their Binance Exchange accounts. Transactions are carried out within seconds and the value of digital asset is immediately converted to Brazilian sale.
With support for more than 100 Cryptocurrencies, this launch Binance Pay’s integration with Brasil’s popular national Pix payment network, integrates Cryptocurrency into daily life and facilitates consumer use of digital assets in real transactions.
Richard Teng, CEO of Binance, says:
“Integrate PIX, a remarkable development of the government in Brazil, with Binance wage brands a revolutionary step forward, combines the speed and accessibility of Brasil’s immediate payment system with the global reach and innovation of Binance. This synergy gives users in real time, in real-time transactions, improves the cryptocation of the cryptocurvation.
Guilherme Nazar, Binance’s regional vice president of Latin America, adds:
“This is a significant milestone as it is the first time Binance Pay has been integrated into a national payment system in the world. It allows our users in Brazil to use their crypto courses for any commercial establishment and to anyone in the country, quickly, safely and easily, use a system that they are already familiar with. Our local users.”
Since its debut 2020, the Central Bank in Brasil’s Pix Quick Payment Service has become more and more popular with Brazilians. According to statistics The authorities are used by over 174 million individuals and many organizations across the country and carry out almost 6 billion transactions each month.
Nazar added:
“Payments are one of the most obvious uses of Cryptocurrencies. The integration of binance salary with Pix makes Cryptocurrency payments more intuitive and acquaintances for Brazilians who are already used to the central bank’s tools and consequently increases the growth of digital asset adoption in the country.”
Click here To find out how to use pix with Binance Pay.
