Binance Adds Direct USD Deposits and Withdrawals in 70+ Countries via Bpay Global

Binance Adds Direct USD Deposits and Withdrawals in 70+ Countries via Bpay Global

By Bitcoin
Binance is offering direct US dollar (USD) deposits and withdrawals for users in over 70 countries through Bpay Global, a Payments Service Provider licensed and regulated by the Central Bank of Bahrain. USD funding is available via SWIFT with zero deposit fees from Binance, and via credit/debit card, Apple Pay and Google Pay.

Article Details

Binance, the world's leading cryptocurrency exchange, has significantly expanded its global reach by introducing direct USD deposits and withdrawals across 70+ countries through strategic partnership with Bpay Global. This major development enhances crypto accessibility for millions of users seeking seamless fiat-to-cryptocurrency transactions.

The integration leverages Bpay Global's regulatory compliance as a licensed Payment Service Provider under Bahrain's Central Bank supervision, strengthening Binance's position in the competitive cryptocurrency market. Users can now fund their accounts via multiple payment methods including SWIFT transfers, credit/debit cards, Apple Pay, and Google Pay, with zero deposit fees on SWIFT transactions.

This expansion represents a crucial step toward mainstream cryptocurrency adoption, eliminating traditional banking barriers that often complicate Bitcoin and altcoin trading. The service enhancement positions Binance to capture larger market share in the growing DeFi ecosystem while providing institutional and retail investors improved access to digital assets.

By streamlining USD funding processes across 70+ jurisdictions, Binance addresses key pain points in cryptocurrency onboarding, potentially driving increased trading volumes and blockchain technology adoption globally. This development signals continued evolution in crypto infrastructure supporting the expanding digital finance landscape.

Article Details

Market Sentiment
neutral
Category
institutional
Reading Time
1 min read
Article Type
Article
Topics & Keywords
#Institutional

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