What is Binance Pay?

Published on 2021-02-02 06:10

Binance Pay is a contactless, borderless, and secure crypto payment technology 
designed by Binance. Binance Japan users can use to send crypto to your friends and family residing in Japan.

How to access Binance Pay on the Binance app?

With just a few taps, you can access Binance Pay easily from the Binance app. 

Here are ways to access Binance Pay on your mobile:

  • Tap the Binance Pay icon on the app homepage.
  • Tap on the QR code scanner from the app homepage and scan your recipient's Binance Pay QR code.
  • Long-press the Binance app icon from your mobile home screen and tap [Scan] to open up the QR code scanner. Then scan your recipient's Binance Pay QR code.

You can also find detailed guides on other popular topics, such as:

  1. How to Send Cryptocurrency to an Individual with Binance Pay?
  2. How to Receive Cryptocurrency Payments in Binance Pay?
  3. How to Set Your Payment Priority Order on Binance Pay?
  4. How to Create and Claim Red Packets on Binance Japan?

Frequently Asked Questions

1. Is Binance Pay available for all users?

Binance Pay is currently only available to verified users. To start using Binance Pay, please register and complete identity verification for your account.

2. What cryptocurrencies does Binance Pay support?

Binance Pay currently supports more than many cryptocurrencies for transfers to friends and family.

3. How long does it take for a Binance Pay transaction to be completed?

Binance Pay transactions are usually confirmed instantly. 

Disclaimer: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Please fund your wallet and perform your transactions cautiously. Not financial advice. For more information, see our Terms of Use, Binance Pay Terms of Use and Risk Warning.