Crypto-exchange Binance now allows direct USD deposits and withdrawals in over 70 countries — details here
Binance is now offering direct USD deposits and withdrawals for users in 70+ countries through a partnership with BPay Global. This initiative aims to simplify funding methods and improve user experience on the platform, which has seen rapid growth in registered users.
Crypto-exchange Binance announced on Wednesday that users in over 70 countries can now make direct USD deposits and withdrawals in a significant expansion of the platform's services.
To facilitate this service, Binance has partnered with BPay Global, which is a Payments Service Provider. BPay is licensed and regulated by the Central Bank of Bahrain, which will now operate as part of the Binance Group, the company said in a statement.
This infrastructure enables both retail and corporate users in eligible countries to easily fund, store and convert USD to cryptocurrency and vice versa from their fiat wallet.
