What is Binance Pay?
As mentioned, Binance Pay is a borderless, contactless, and fully secure payment method devised by Binance, especially for crypto users. You can use this technology to pay for your purchased regardless of your physical location, using the features of decentralization at the same time.
Binance Pay ensures that all the payments you make are completed in a secure, convenient, and easy manner. In order to provide these features of Binance Coinsbee has finally integrated Binance Pay to solve all the limitations and problems associated with traditional payment methods.
Is Binance Pay on Coinsbee Available for all users?
The best thing about Binance Pay integration is that any user (who can access Coinsbee) can utilize this payment method regardless of his/her demographics and nationality. The Binance Pay integration is just another step towards the long-term development of Coinsbee in order to continue its crypto journey. Coinsbee understands that digital payment methods, especially those that involve crypto, have become an integral part of our lives.
What Currencies Can I Use to Make Payments Using Binance Pay?
Currently, Binance Pay supports over 35 different digital currencies, and you can select the one that suits you the best.
The supported cryptocurrencies are BNB, BTC, ETH, BUSD, ATOM, DASH, ADA, BCH, ETC, EOS, DOT, DOGE, MATIC, LTC, LINK, HBAR, FIL, TRX, QTUM, PAX, NEO, CMR, CLM, WRX, VET, USDC, UNI, TUSD, ZEC, XTZ, XRP, XMR, XLM, SXP, EGLD, ONE, STRAX, FRONT, and USDT.
If the cryptocurrency that you use is not listed in the list, then there’s nothing to worry about. Most probably, you’ll be able to use the crypto payment method that Coinsbee offers for that. That’s because Coinsbee supports more than 50 different types of digital currencies, including all the famous coins that most people use.
Can I Change My Preferred Currency Using Binance Coins?
Another great feature that you can use on Coinsbee while making payments using Binance Pay is that you can change your payment currencies as desired. The platform allows you to select your preferred cryptocurrency while checking out make payments.
How Much Time Binance Pay Takes to Complete the Transactions?
It’s probably the best benefit of Binance Pay integration on Coinsbee that you can enjoy. The transactions that you make are mostly confirmed instantly. Whether you choose to buy e-commerce gift cards such as Amazon Coinsbee gift cards, or eBay gift cards, you’ll immediately receive your products after making a successful payment.
Is There Any Fee for Using Coinsbee Binance Pay?
No, there is no fee charged to use the Binance Pay functionality on Coinsbee. Moreover, you can also make 10,000 US dollars’ worth of payments each day without any hidden charges.