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Based on a recent report, Binance Coin (BNB) has been integrated into the CoinPayments platform. This report comes from a recent tweet from the official CoinPayments Twitter account.
Tweets From Both Sides
Binance Coin (BNB) is the native token of the famous and number one encrypted exchange in the world -Binance.
The tweet confirming the addition of BNB to the CoinPayments platform states that:
"We are delighted to announce the integration of @binancecoin (BNB) into our platform and we are proud to help @ cz_bind further the adoption of Binance Coin by allowing merchants to accept BNB payments in their stores!"
Binance's CEO Changpeng Zhao also confirmed this in a recent tweet. He stated that:
"Use BNB to 2,300,000 traders with this integration, it's spreading!"
Information on CoinPayments
CoinPayments, which was founded in 2013, is a payment processor that allows merchants to accept all major cryptocurrencies and altcoins (for a total of 1,060 cryptocurrencies) in their stores. This is achieved through the use of plugin, API and POS (Point of Sale) interfaces. The payment processor has over 2.3 million users in 182 countries around the world.
According to a previous report, it has been announced that CoinPayments has pioneered the acceptance of altcoins in the industry. The platform was able to achieve this by creating a multi-currency portfolio and a payment processing solution.
CoinPayments has also commented on some features of BNB that make the token a perfect addition to its platform.
The team has listed the following reasons.
- Support the further adoption of BNB as outlined by Binance
- BNB will be used in Binance's next decentralized stock exchange to pay for trading commissions and also to power the platform in the form of gas
- The potential for wider use within the Binance community
- BNB is widely used by Binancians (Binance users) to pay for trading fees
