Binance внедряет новые возможности для депозитов и выводов в долларах США Translation: Binance Introduces New Features for USD Deposits and Withdrawals

The cryptocurrency exchange Binance has launched direct deposits and withdrawals in US dollars through the payment provider BPay for users in over 70 countries. The platform has initiated a temporary promotion, allowing users to exchange USD for USDC at a 1:1 ratio on a first-come, first-served basis.

BPay is a company owned by Binance and registered in Bahrain. It holds a Payment Service Provider (PSP) license that enables it to store clients’ fiat funds, including US dollars.

Depositing funds can be done via SWIFT without any fees from Binance, as well as through bank cards, Apple Pay, and Google Pay.

Transaction limits are set at up to $50 million per day and $13 million per transaction, with deposits made via cards and payment services processed instantly.

Users have the option to convert USD to cryptocurrency or back to dollars. This service is available for both retail and corporate clients.

«We are pleased to offer users direct USD deposits and withdrawals — the most widely used currency for transactions globally. This service lowers entry barriers with low fees and enhances the overall user experience on our platform,» commented Thomas Gregory, Vice President of Fiat Operations at Binance.

In the mobile app, users need to select «Add Funds» on the main screen, change the local currency to US dollars, and navigate to «Deposit USD.» Then, they can choose a funding method, click «Continue,» and activate the BPay fiat wallet.

On the website, click «Deposit» on the homepage, change the local currency to US dollars, and select «Deposit USD.»

Previously, CryptoQuant analyst Burak Keshmecı highlighted that the selling pressure in the digital gold market is decreasing, as evidenced by the negative dynamics of Bitcoin’s net inflow on Binance.