BinanceUS Partners with MoonPay and Others to Facilitate USD Deposits
Binance.US has made a groundbreaking transition by adopting Tether (USDT) as its base asset for transactions. Accompanying this transition is the launch of an upgraded Buy & Sell Crypto feature on the Binance.US mobile app, presenting users with an array of possibilities for seamless trading and investment.
This pivot positions Binance.US as an exclusively crypto-focused exchange, streamlining the process for users to access, buy, and sell over 150 different cryptocurrencies. The adoption of USDT as the base asset aims to streamline trading operations, enabling users to navigate the complex crypto landscape with greater ease.
One of the most remarkable aspects of this transition is the introduction of the enhanced Buy & Sell Crypto with USDT feature, accessible exclusively through the Binance.US mobile app. This feature empowers users to engage in real-time transactions, buying or selling a diverse range of cryptocurrencies using USDT. This offers traders and investors an unprecedented level of flexibility and accessibility in their cryptocurrency endeavors.
To facilitate the seamless acquisition of USDT, Binance.US has partnered with third-party payment providers like MoonPay. This partnership ensures users have various options to purchase USDT using debit cards, credit cards, Apple Pay, and Google Pay. This streamlined approach is designed to provide users with multiple avenues for obtaining USDT, which they can then use to trade across a diverse spectrum of supported cryptocurrencies.
For users looking to acquire USDT, the process is straightforward. By accessing the Binance.US app, individuals can effortlessly purchase USDT through integrated partner services like MoonPay. This user-friendly experience guides customers through the purchase process, supporting payment methods such as debit or credit cards, as well as mobile payments.
Following the acquisition of USDT, users can seamlessly transition to the Buy & Sell Crypto with USDT feature. This functionality empowers users to trade, convert, or purchase cryptocurrencies from a selection of over 150 supported options. The innovative integration of USDT as the base asset creates a frictionless trading experience, eliminating the need for users to repeatedly convert between USD and cryptocurrencies.
Binance.US doesn’t overlook the selling aspect of crypto trading. Users can conveniently convert their crypto holdings back to USD using the Buy & Sell Crypto feature. By partnering with providers like MoonPay, individuals can sell their crypto assets and withdraw the equivalent amount in USD to their bank accounts via the Automated Clearing House (ACH) system.
Binance.US’s transition to a crypto-only exchange and the incorporation of USDT as the base asset signifies a remarkable step towards making cryptocurrencies more accessible and user-friendly. By simplifying the process of acquiring and trading cryptocurrencies, the exchange empowers both seasoned traders and newcomers to navigate the crypto landscape with confidence.
The enhanced Buy & Sell Crypto with USDT feature is already available on the latest version of the Binance.US mobile app, with plans to extend the feature to the website in the near future. As the cryptocurrency market evolves, Binance.US is firmly positioned at the forefront of user-centric solutions, demonstrating its commitment to fostering a seamless journey into the realm of digital assets.
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