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I have never used itI recently found out that you can send cryptocurrency on Binance using Binance Pay. Instead of using the cryptocurrency network ID, you use the BP Code for all coins.
I have never used it
I have always used cryptocurrency but I think I will try that someday and I will know how it works.
I have been reading about binance pay but have not made use of it though getting to claim crypto box from their giveaway on the crypto redbox a few times earning up to the amount of $1 and also 1 BUSDI recently found out that you can send cryptocurrency on Binance using Binance Pay. Instead of using the cryptocurrency network ID, you use the BP Code for all coins.
You can try it. I use it a lot of times when I want to trade cryptocurrency with my friend. The only thing is that you need to make sure that the person you are sending cryptocurrency to is using BinanceI have been reading about binance pay but have not made use of it though getting to claim crypto box from their giveaway on the crypto redbox a few times earning up to the amount of $1 and also 1 BUSD
That is the thing about binance pay for whoever you are sending crypto to must be using binance so that they can redeem what you sent through binance pay also to their sport wallet.You can try it. I use it a lot of times when I want to trade cryptocurrency with my friend. The only thing is that you need to make sure that the person you are sending cryptocurrency to is using Binance
There is even nothing to redeem. Some people will not even send it to their spot wallet because they may want to send that coin to another person so they will just leave the money in that wallet.That is the thing about binance pay for whoever you are sending crypto to must be using binance so that they can redeem what you sent through binance pay also to their sport wallet.
Though I have an account, but I have never actually made use of it once.