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I have heard a lot about people mentioning binance pay, i am really confused about this, is binance pay different from binance itself or is it like separate feature within the app, or is binance pay the same as just binance it self?
As far as I know Binance Pay is an option enabled on your Binance app that allows you to pay for products and services using your crypto assets on your funding wallet. There is a difference between spot wallet and a funding wallet, on your binance account. Binance pay is a free service, there are nRead more
As far as I know Binance Pay is an option enabled on your Binance app that allows you to pay for products and services using your crypto assets on your funding wallet. There is a difference between spot wallet and a funding wallet, on your binance account. Binance pay is a free service, there are no fees associated with using it. I do not know of any separate Binance Pay service that exist outside Binance Exchange app. You can correct me if I am wrong.
See lessCertainly, Binance is a cryptocurrency exchange platform where users can trade a variety of digital assets. In contrast, Binance Pay is a feature integrated into the Binance ecosystem, allowing users to facilitate payments. Users can receive funds through their Binance ID/Wallet for trading, while BRead more
Certainly, Binance is a cryptocurrency exchange platform where users can trade a variety of digital assets. In contrast, Binance Pay is a feature integrated into the Binance ecosystem, allowing users to facilitate payments. Users can receive funds through their Binance ID/Wallet for trading, while Binance Pay ID enables them to receive payments from others. This interpretation aligns with the platform’s functionalities, and different perspectives are always valuable.
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