- By selecting telephone contacts from within the Binance app, users can transfer more than 300 Cryptocurrencies directly to friends and family.
- Binance Pay makes Cryptocurrency transfers as simple as contacting a friend with broadcast via contact.
Send via contact and send on-chain are two new capacities added to Binance Pay is sent by BinanceThe global blockchain ecosystem that runs the largest Cryptocurrency exchange in the world in terms of both trade volume and user base. When combined, these improvements give customers more practical and customizable options for sending cryptocurrency.
By selecting telephone contacts from within the Binance app, users can transfer more than 300 Cryptocurrencies directly to friends and family without having to manually enter receiver information as e -mail addresses, phone numbers or binance -ID. There are no gas fees and all transactions are completed immediately.
Binance Salary Make cryptocurrency transfers as simple as contacting a friend with broadcast through contact, who streamlines user-to-user transfers, lowers human input errors and improves transaction accuracy. Users can invite the recipient to create a binance account if they do not already have one.
In addition, the transfer on the chain eliminates the need to manually write long wallet strings by enabling users to transfer Cryptocurrency to external wallet addresses by either uploading an image or using Binance Pay’s Scan function to scan a QR code. Accuracy and security are improved through built -in protection such character Liquidity detection and confirmation. This facilitates wider acceptance for daily use by making payments on the chain more accessible, especially for Stablecoin users.
Jonathan Lim, Global Manager of Binance Pay pronounced:
With the launch of ‘Send via contact’ and ‘Send on-chain’ Binance Pay makes crypto even more intuitive and available by merging Offchain and on the chain transfers to a single platform. These features are part of our broader mission to bring everyday tools to digital assets and simplify how people connect, pay and transfer value globally. “
This upgrade to Binance Pay shows Binan’s continued commitment to improve the practical applications of Cryptocurrency with safe, available tools.