Binance adds payments via Apple Pay and Google Pay

Exchange Binance continues to work on improving its platform, adding payments via Apple Pay and Google Pay. The news comes shortly after the exchange decided to withdraw from its purchase of the FTX exchange.

In an unfavorable situation for the digital asset market and the cryptocurrency ecosystem in general, Binance wants to continue to innovate and improve its platform in the future. As of yesterday, the world’s leading cryptocurrency exchange revealed a new implementation of its payment methods. From now on, users of the platform will be able to purchase cryptocurrencies via Apple Pay and Google Pay..

As of yesterday, users of the United Kingdom and European Economic Area (EEA) countries. will be able to purchase cryptocurrencies on Binance with their credit/debit cards via Apple Pay and Google Pay.. To take advantage of this option, users will need to complete the form full verification of their account before you can take advantage of this type of purchasing method.

As for fees, they will be subject to the same charges that apply to purchasing cryptocurrencies with credit or debit cards. not subject to payment applications. Assets available for purchase will be those enabled on the platform for any other mode of purchase.

Binance unveiled this new development just days after announcement that they would not purchase the FTX exchange platform.. Binance said that the platform’s situation is unsustainable, even for the largest cryptocurrency exchange platform in the ecosystem. According to statements by FTX’s CEO himself, the company needs $8 billion to repair the deficit and some 4 billion USD To avoid bankruptcy.

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