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Advantages of using Binance Pay' for making payments

  • Thread starter Thread starter Sincerem
  • Start date Start date
Nomad said:
How does the transaction fee Binance pay and sending via a wallet compare? is Binance pay cheaper than sending via a wallet address. How do you choose th currency to send through Binance Pay?
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Binance pay doesn't charge much, its almost zero through the reviews I read about it when sending out funds through it. I only receive funds through Binance pay, I never sent out cos no one is interested to receive Binance pay deposit from me.
 
Binance says user to user transaction has low fees. When you use Binance pay, what you are actually doing is sending funds to another Binance member, which means the transaction costs low.
 
Hiw will I see the details of my binance pay o the binance application or is it another application on its own. I just need answers to this.
 
You can access Binance pay through your Binance app or Binance web. You don't have to use another app or platform to use Binance Pay. However, in other to use Binance Pay you need to have balance in funding account in Binance.
 
It is quite interesting knowing that Binance pay enables one to send out many payments at once and I think that this is one feature that makes it stand out for me.
 
I have nor used Binance Pay to send or receive payment in crypto currency. Instead of Binance Pay, I like to share my address or QR code to receive payment, and I also use address or QR code to send payment. I find this easier.
 
Sometimes it's not just the speed of the transaction that matters it's the reliability and the cost one pays,it could be that their charges are high
 
Thanks for this vital information on Binance pay. Binance still remains exceptional when it comes to cryto market, although luno, roqqu, quidax and others seems to have upgraded too.
 
In recent time, Binance has come under a lot of strunity from the governments in many countries, however, base don my experience, there is no other crypto service like Binance. You can not just invest through Binance but also trade.
 
Seriously, Binance is always trying to make sure that they provide services that will always benefit their users which is something that is making them become very popular as the day goes by.
 
Binance pay is cool, I read about the features recently because an admin of.trendri make payment through it , I have activated mine already and did the necessary set up
 
Wow, that's hell of a feature. I haven't really been using this method but I do hear people speak good about it. Atleast now I know why, the one am using do feature long addresses
 
I use Binance for some of my crypto transaction but mainly for buying because I make use of the p2p platform.
This is my first time of coming across this information and it is really helpful for me.
Thank you
 
Binance pay stimulates fast transaction between different parties. It is devoid of glitches which may occur from the site or network error. Also Binance has passive ways to earn money.
 
Binance payment. That is something I need to comprehend is whether it tends to be utilized on just the Binance stage or it's more similar to an installment processor for cryptographic money like bitcoin and the rest? An installment processor for crypto would be phenomenal
 
One doesn't necessarily need to type those addresses though, just copy and paste it. As for the information thanks, I didn't know about this feature before. I'll definitely try it out.
 
Binance pay allows small businesses to accept online and in-person bitcoin and crypto payments.
 
Well, after having to go through what some people comment up there am really getting confused. While using binance, are you just limited to sending money only to someone who also uses binance?
 
Sincerem said:
Binance Pay application have made it very easier for Binance users to make fast and secured payments freely without any obscurity hindering the transaction or delaying payments.

Binance Pay advantages are as follows;

* It enables contactless, and border-less payments to friends, family members and love ones using Binance Pay feature.

* Crypto payments with Binance Pay is very fast, secured with one tap send option. By imputing six digits ID code, you don't need to type long address code to enable payment using Binance Pay feature.

* With Binance Pay you can initiate 100s of transactions faster than using the normal address code method that is marred with delay.

* Receiving Crypto payment using Binance Pay is one time. Immediately the sender tap's "send, the payment gets to the recipient immediately.
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It feels so good to know that payments made though binance is fast and secured.
If it is accessible by all countries, then i can put it to good use.
Thanks for sharing.
 
YERUS said:
It feels so good to know that payments made though binance is fast and secured.
If it is accessible by all countries, then i can put it to good use.
Thanks for sharing.
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Yeah, that's Binance for you, but it doesn't mean it's for all countries when it matters to it's full features. It consist of over 250 supported countries in its list, some unpopular countries miss out.
 
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