Binance announces the launch of its new official fiat-to-crypto payments provider Bifinity.
Crypto exchange giant Binance has launched its new official fiat-to-crypto payments provider, Bifinity. Bifinity will connect millions of users, businesses, and clients to the blockchain world. Binance is among the leading cryptocurrency exchanges in the world and blockchain ecosystem. With users from all over the globe, Binance leaves no stones unturned when it comes to the incorporation of innovative technologies and strategies.
Bifinity aims to connect businesses and merchants with the world of crypto.
The new Binance payment platform aims to connect businesses and merchants with the world of crypto. Millions of Binance users will be able to utilize the technology and link with the blockchain world without any hassle, the crypto exchange claims. Users will be able to use Bifinity’s intuitive APIs to enhance their business models and make them more crypto-friendly. It will support seamless transactions and payment. These businesses will then be able to accept payments and transactions in different cryptocurrencies.
The President of the newly launched product Bifinity, Helen Hai, said, “As the crypto and the Web3 economy continue to grow, we see greater demand to build improved fiat-to-crypto on-ramps to bridge the gap between the traditional finance industry and the decentralized and centralized crypto economy. At Binance, the vision is to increase the freedom of money globally. With the launch of Bifinity, we aim to accelerate mass crypto adoption.”
Bifinity will collaborate with crypto wallet providers like Safepal and Zilliqa.
Bifinity will collaborate with crypto wallet providers like Safepal and Zilliqa to offer further crypto and blockchain solutions to the users. Furthermore, Binance and Bifinity plan to expand their reach in the future. They believe crypto will be a major force in the era of Web 3.0. Thus, Bifinity will partner with Paysafe and Checkout.com to provide its services globally.