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Binance today made its payment service Binance Pay available to users in the United States.
With the help of Binance Pay, users may instantly and for free send, request, and receive roughly 150 different crypto currencies from other users.
At a time when cryptocurrency trading volumes are at two-year lows, Binance has dropped trading fees for both bitcoin (BTC) and ethereum (ETH).
According to the press release, “Pay eliminates the complexities of transferring crypto to contacts as users no longer need to enter a complex deposit or withdrawal address, pay gas fees, or wait an unspecified amount of time for transactions to successfully settle.”
Users of Binance will be able to utilize the function right now while the exchange also develops a web version.
Binance clients outside the United States have already had access to the service since it was introduced in February 2021.