Could you please explain the steps involved in paying someone on Binance? I'm a bit unsure about the process and would appreciate a clear and concise guide. Is it similar to transferring funds on other cryptocurrency exchanges, or are there any specific steps I need to follow? Additionally, are there any fees associated with making payments on Binance, and if so, how are they calculated? I'd like to ensure that I have all the necessary information before making a transaction. Thank you for your assistance.
6 answers
Tommaso
Mon Sep 09 2024
Viewers are then guided through the process of setting up Binance Pay, including linking their Binance account and verifying their identity for added security.
SamuraiHonor
Mon Sep 09 2024
Binance Academy, the educational platform of the renowned
cryptocurrency exchange Binance, has released a video tutorial on June 6, 2021, introducing Binance Pay and its usage.
EnchantedSeeker
Mon Sep 09 2024
Binance Pay is a feature that allows users to send and receive cryptocurrencies seamlessly and securely. It offers a convenient way to transact without the need for traditional banking methods.
isabella_taylor_activist
Mon Sep 09 2024
The video starts by explaining the basics of Binance Pay, including its purpose and how it differs from other payment methods in the crypto space.
SakuraBloom
Sun Sep 08 2024
The tutorial also covers the various cryptocurrencies supported by Binance Pay, such as Bitcoin, Ethereum, and Binance Coin, making it a versatile tool for users.