Binance Launches Two New Products: Binance Pay And Binance Lite
CZ revealed that a couple of new products will appear in the cryptocurrency exchange ecosystem. Binance Pay and Binance Lite
The retail application Binance Pay will be able to pay with cryptocurrency for goods and services. This application gives access to unlimited and secure cryptocurrency technologies for everyone.
The payment app is currently in beta testing. To participate, you need to register with Binance Pay by logging into your Binance wallet. During the registration process, you need to set a username, password and PIN.
At the start, Binance Pay supports payment with six digital assets, including BNB, ETH, BTC, EUR, Binance USD (BUSD), Swipe Token (SXP).
If needed, Binance Pay can be integrated with Visa to fund your account. You can also replenish the balance from the exchange's spot wallet. Payment authorization can also be carried out using a QR code.
As for Binance Lite, this is another handy Binance toolbox. The user can buy cryptocurrency much faster and easier as there is an intuitive dashboard.