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George Town, Cayman Islands – CoinPayments, the world’s leading cryptocurrency payment processor, today announced a partnership with Binance, the global blockchain ecosystem behind the world’s largest digital asset exchange, Binance.com. Starting today, CoinPayments will support Binance’s BNB token to open traders around the world to the Binance community.
“A CoinPayments-Binance collaboration is a huge win for both communities,” said Jason Butcher, CEO of CoinPayments. “With support for BNB, anyone holding the token will now have access to millions of new options for purchasing goods and services on our simple and secure payment platform.”
BNB is the native coin of the main Binance chain and has historically been used as a way to pay trading fees on the Binance Exchange or to participate in Binance Launchpad token sales. With this CoinPayments collaboration, Binance community members will now be able to use BNB as a payment method across a wide range of e-commerce sites and online merchants.
“Our partnership with CoinPayments is incredibly important to the BNB community,” said CZ (Changpeng Zhao), founder and CEO of Binance. “Given CoinPayments’ global reach and history as a leading cryptocurrency payments provider, we are thrilled to bring their easy-to-use platform to everyone in our ecosystem and promote the usefulness of BNB to merchants and resellers across the world”.
CoinPayments merchants can now select BNB as a payment option, and Binance community members can immediately start spending their tokens with CoinPayments providers. Since inception, CoinPayments has completed more than $ 5 billion in total crypto transactions and has an average of $ 100 million in monthly volume.
About CoinPayments
CoinPayments is the easiest, fastest and safest way for merchants around the world to transact cryptocurrencies. It is the first and largest cryptocurrency payment processor with over $ 5 billion in total transactions to date, while supporting more than 1,900 coins and is the preferred cryptocurrency payment solution for merchants and ecommerce platform providers all over the world. Founded in 2013 and headquartered in the Cayman Islands, CoinPayments is dedicated to providing customers with fast, secure and user-friendly cryptographic payment APIs, shopping cart plug-ins, digital wallets and a number of other solutions that support applications payment in cryptocurrency. More information on: https://www.coinpayments.net/.
Information about Binance
Binance is the global blockchain company behind the largest digital asset exchange in the world by trade volume and users, serving a broader mission to accelerate cryptocurrency adoption with over 25 products, projects and initiatives, including:
- Binance Exchange (Binance.com): Binance Futures, Spot and Margin Trading, Binance Lending and Binance Staking
- Binance Academy: non-profit blockchain and cryptographic educational portal
- Binance Charity: Nonprofit Organization and First Blockchain-Based Donation Platform Dedicated to Advancing Transparent Philanthropy
- Binance DEX: community-driven decentralized exchange built on the Binance Chain blockchain for issuing and trading digital assets in a decentralized way
- Binance Fiat Gateways: Cryptocurrency platform buy and sell, covering over 170 countries and regions through local payment partners and P2P platforms. Fiat-to-Crypto platforms: joint venture with global partners to buy, sell and trade cryptocurrencies: Binance US, Binance Jersey, Binance Korea, Binance Singapore, Binance Uganda, Binance Lite Australia
- Binance Labs: venture arm and incubator, invests and supports blockchain startups and early stage infrastructure projects
- Binance Launchpad: Exclusive token launch platform to support transformative blockchain startups and entrepreneurs
- Binance Pool: Comprehensive cryptocurrency mining platform that connects miners to Binance’s suite of financial products, designed to improve user earnings.
- Binance Research: Institutional-grade, data-driven insights and analysis for crypto investors
- Binance X: Developer-Focused Initiative to Drive Blockchain Developer Innovation and Cultivate Industry Growth and Meaningful Use Cases
- Other initiatives include: Binance Cloud (end-to-end business solution for launching exchanges), Binance Info (market news and insights), Trust Wallet (mobile wallet and dApp browser)
For more information, please visit: https://www.binance.com.
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