Binance: Buy Crypto Now Through Apple Pay and Google Pay

Crypto exchange platform Binance recently announced that its users can now buy crypto using Apple Pay and Google Pay.

As well as making it easier for Binance users to buy and sell crypto, the move is also expected to increase cryptocurrency usage amid a weakening market, as the two popular digital wallets offer opportunities for large user bases.

Quoting Bitcoin Insider, Monday (23/1/2023), currently nearly 25 million people use Google Pay, while 43.9 million people use Apple Pay. Currently there is a 2 percent transaction fee, depending on where the user is located.

Apple devices themselves are automatically compatible with Apple Pay, a digital payment service that allows users to make purchases within iOS applications.

Similar to Apple Pay, Google Pay was created as an Android mobile platform to support mobile payments.

The introduction of these two digital wallets in the cryptocurrency industry marks another step forward for mainstream accessibility to digital assets.

With the ease of use brought by this update Binance and the crypto industry as a whole has the potential to enjoy the largest customer acquisition into the crypto world.

Previously, on December 20, 2022, Binance issued a press statement announcing the company’s membership in the Digital Chamber of Commerce, a lobby group for the crypto industry in the United States (US).

This effort appears to be made to speed up the establishment of transparency rules in the cryptocurrency sector in the US.

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