Sun 01 Jan 2023 ▪ 13:00 ▪
min read – from
For Binance, the bear market is the best time to demonstrate its hegemony in the cryptocurrency sector. Would CZ be tempted by the centralization ambition like SBF? His motives matter little to some crypto-enthusiasts. For them, the democratization of bitcoin is essential. They probably won’t find any downsides to its integration with Google Pay and Apple Pay.
Buy cryptocurrency through Apple Pay and Google Pay
” #Binance users can now buy #cryptocurrencies using Apple Pay and Google Pay. »
December 2020, Apple Pay had partnered with Enlightenment to allow investors to buy cryptocurrencies without KYC. A year later, Coin basis began accepting cryptocurrency purchases through the same feature. During 2022, MetaMask and Circle they approved the same payment solution. the same year, crypto. com it also integrated Google Pay.
Before the year 2022 ended, Binance announced that ” customers can now buy cryptocurrencies using Apple Pay and Google Pay “. Business.com currently estimates the number of Apple Pay users to be around 44 million and Google Pay to be close to 25 million.
No doubt enthusiasts will see it this initiative a bargain. Indeed, it represents an improvement in the accessibility of the service, and as a corollary a democratization of bitcoin.
The only downside is that access to this feature remains limited for some countries.
Tekedia those who have already confirmed the success of this program have drawn up a list of actions to make the most of this convenience.
- log into the Binance app;
- selecting the option “Buy cryptocurrencies with Google Pay/Apple Pay or Exchange”;
- choice of currency using the Fiat box located in the “Commerce” menu;
- choosing the option “Buy cryptocurrencies”;
- entering the desired amount and converting fiat into cryptocurrencies;
- purchase of goods via Google or Apple Pay;
- confirmation and verification of information;
Once the transaction is complete, users will be redirected to the Apple Pay or Google Pay transaction page. All that remains is the payment confirmation, the corresponding information of which will be displayed on the screen. Don’t be surprised if the wallet appears after the payment has been completed.
Thanks to this initiative by Binance, around sixty million Google Pay and Apple Pay users can afford cryptocurrencies. If Crypto.com said that the number of cryptocurrency holders will double in 2023CZ and his team have something to do with it.
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The blockchain and cryptocurrency revolution is underway! And the day the impacts are felt on this world’s most vulnerable economy, against all hope, I’ll say I have something to do with it.