What is Binance Pay?

2021-02-02 06:10

Binance Pay is a contactless, borderless, and secure crypto payment technology designed by Binance. Spend with crypto at merchants or send crypto your friends and family worldwide.

How to access Binance Pay on the Binance app?

With just a few taps, you can access Binance Pay easily from the Binance app.

Here are ways to access Binance Pay on your mobile:

  • Tap the Binance Pay icon on the app homepage.
  • Tap on the QR code scanner from the app homepage and scan your recipient's Binance Pay QR code.
  • Long-press the Binance app icon from your mobile home screen and tap [Scan] to open up the QR code scanner. Then scan your recipient's Binance Pay QR code.

You can also find detailed guides on other popular topics, such as:

  1. How to Send Cryptocurrency to an Individual with Binance Pay?
  2. How to Receive Cryptocurrency Payments in Binance Pay?
  3. How to Make Payment to A Merchant with Binance Pay via QR Code?
  4. How to Set Your Payment Priority Order on Binance Pay?
  5. What Is Binance Marketplace and the Hot Deals Campaign?
  6. What Is Binance Pay Red Packet Giveaway and How to Participate?

Frequently Asked Questions

1. Is Binance Pay available for all users?

Binance Pay is currently only available to eligible users in supported countries on Binance.com. To start using Binance Pay, please register on Binance.com and complete identity verification for your account.

2. What cryptocurrencies does Binance Pay support?

Binance Pay currently supports more than 300 cryptocurrencies for transfers to friends and family and 80+ cryptocurrencies for merchant payments.

Certain currencies may be restricted in your jurisdiction. Please check the Binance app for the most updated list of currencies.

3. How long does it take for a Binance Pay transaction to be completed?

Binance Pay transactions are usually confirmed instantly.

4. What are the fees associated with Binance Pay features?

To learn more about Binance Pay, visit the Binance Pay FAQs page.

Disclaimer: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Please fund your wallet and perform your transactions cautiously. Not financial advice. For more information, see our Terms of Use, Binance Pay Terms of Use and Risk Warning.