onin, an Ethereum sidechain focused on gaming, is teaming up with Binance Pay. This partnership aims to simplify the process of funding Ronin crypto wallets for users. The collaboration with Binance, the world’s top crypto exchange by volume, was highlighted in a recent blog post by Ronin.
The choice of Binance Pay stems from its unique feature that allows users to transfer their funds from Binance for use elsewhere. Ronin’s team emphasized the recurring query from users about how to transfer funds to Ronin wallets. While the Ethereum bridge and Ramp partnership offered solutions, Binance Pay’s integration marks a new chapter in enhancing user accessibility.
This move comes as Ronin experiences a surge in daily active users, thanks to popular titles like Axie Classic and Pixels. Ronin, launched in 2021 by Sky Mavis – the creators of Axie Infinity (AXS), was designed to support a large user base. Despite a significant security breach in March 2022, where hackers linked to North Korea’s Lazarus Group stole assets worth $650 million, Ronin continues to evolve and expand its ecosystem.