Hot off the heels of Binance Partner, Travala.com listing, $XVG gets welcomed into Binance Pay
We are happy to let you know that Verge (XVG) can now be used on Binance Pay.
What is it?
Binance Pay is a contactless, borderless and secure user-to-user cryptocurrency payment feature on the Binance App. The service now features the Pay and merchant functions allowing users to pay, send and receive crypto payments around the world without incurring any fees.*
Following the recent integration of $XVG on the Travala.com** platform, an important partner of Binance; a new opportunity for Verge Currency has emerged. Once again, Binance extends their ecosystem to Verge users by bringing another great feature to the community.
How it works?
Binance Pay allows users to send, spend and receive cryptocurrency with zero fees and lightning fast payments, making it an accessible and effortless way of transacting value worldwide:
- Send and spend crypto at zero fees
- Shop and pay with crypto
- Send crypto to friends and family
Binance.com users can open a Binance Pay account by creating a unique nickname that will be linked to their Pay ID number. After that’s completed, users can then fund their wallet with $XVG and send to friends/family and pay for goods and services, by using Pay ID, Email or Mobile number of the recipient.
A use case for Merchants
Binance Pay integrating Verge brings significant new benefits. What benefits would that be exactly? This integration opens the door to a large new variety of merchants that can accept $XVG! Using Verge just got a whole lot easier and is really just a click away!
As mentioned before, $XVG is already integrated and ready to be used on Travala.com. If you navigate to Binance marketplace, you can even link your Binance account with Travala.com, book any flights or stays you’d like and check out using Binance Pay.
Alchemy Pay & Binance Partner to Drive Binance Pay Merchant Integration
On 4th of August Binance and Alchemy Pay announced a partnership to help integrate several major merchants. Together, they will build a payment bridge between cryptocurrency and fiat using Alchemy Pay’s hybrid payment solutions and the Binance Pay wallet.***
Alchemy Pay merchant networks include Shopify, QFPay, Hong Kong’s Pricerite, Singapore’s Ce La Vi, Canadian footwear brand Aldo, multinational Arcadier SaaS, Midwest Global Asia taxi services (with its network of more than 2500 limousine drivers) and more.****
Binance Pay is available to all eligible users registered on Binance.com that have completed their Identity Verification. The Verge Currency community is happy to be a part of the non-stop growing ecosystem that Binance is building.
*https://www.binance.com/en/blog/421499824684901777/payment/binance-pay-borderless-crypto-payments
**Note that we used an affiliate link here. Using this link for booking on travala.com helps the development of Verge currency project.
***https://finance.yahoo.com/news/binance-partners-alchemy-pay-build-061755360.html
About Binance Pay
Binance Pay is a contactless, borderless and secure user-to-user cryptocurrency payment feature on the Binance App with more than 40 cryptocurrencies supported. Binance Pay allows users to pay, send and receive crypto payments around the world without incurring any fees. Binance Pay also allows merchant-based transactions, letting users and merchants to choose their preferred payment options.
For more information visit https://pay.binance.com/en
About Verge
Founded in 2014, rebranded in 2016, Verge Currency (XVG) is an established, decentralized digital currency pushed forward by a team of worldwide volunteers. Built from the foundation of Bitcoin, Verge promotes ease-of-use, speed, peer-to-peer transactions and community ownership. In 7 years it has grown to be a global currency, with one of the largest, most active and supportive communities in cryptocurrency. $XVG can be used borderless through the Verge Currency wallets. Make sure you download them from vergecurrency.com/wallets
For more information visit www.vergecurrency.com
