Binance Pay is an easy solution for making transactions both domestically and internationally,..
Why is that? Here is the review according to my experience.
Binance Pay provides access for users to receive or send assets in both crypto and fiat forms, as well as to conduct payment transactions and buy and sell assets, both crypto and non-crypto, quickly, safely, and easily.
How fast is Binance Pay in managing transactions?
Very fast because Binance Pay is equipped with a QR payment feature, which can be accessed to make payments or receive assets from others, with just one scan your transaction will be completed automatically.
So is it really safe?
Hooo of course, because Binance Pay users must certainly have a verified Binance exchange account. If the account is not verified, one will not be able to use the Binance Pay feature.
So others will not be able to use the account arbitrarily, because an account that has been verified must have passed the personal data verification stage, facial verification, and what makes it even safer is the existence of a seed phrase that only you know. So even if your account is lost, your assets will be safe because others cannot transfer your account without knowing the seed phrase, because the seed phrase is a random arrangement of words that cannot be accessed by more than one person. In general, the seed phrase is only owned by one person, so one user and another user have different seed phrases.
Unlike traditional transactions that are only verified with personal data, facial verification, and passwords in the form of a PIN with a combination of numbers that are very easy to crack if we lose our account.
Because the combination of numbers only from 0-9 makes it easy for others to combine our password to take the assets within.
But the seed phrase is a collection of 24 or more random and different words from one account and other user accounts, so it is certainly very difficult to crack if one has to combine millions of words in this world to get the correct seed phrase, thus ensuring our account is safe.
Is it really easy???
Of course it's easy, now let's consider that if you travel to one country and move to another country, you will definitely have to carry a lot of money and exchange it at a money changer to make transactions.
Not to mention there are limits, operational times, and also different handling fees from one money changer to another; this makes us spend extra money to make exchanges.
It becomes more troublesome when needing to make transactions at night or in the early morning when, in fact, money changers are closed; inevitably, we can only exchange money the next day, which hinders and complicates our transactions at that time. In my opinion, this is a drawback of using traditional transactions.
Unlike Binance Pay, this feature makes it very easy for us, as we do not need to carry a lot of money to exchange because we can exchange it directly through the convert feature available in it and exchange our fiat currency according to the currency of the country we visit, because all currencies in the world are registered in the exchange feature, so we do not need to be afraid or worried, especially since there are no nominal limits on exchanges and 24 hours active for making exchange transactions as well as any transactions, so we do not need to hassle moving around looking for money changers and certainly save time.
So what are you waiting for? Let's use Binance Pay to realize transactions that are fast, safe, and easy 👍👍👍.