Binance has announced that it now offers direct USD (USD) deposit and withdrawal services for users in over 70 countries worldwide through its institution BPay Global. (Background: Binance launches the “Shovel Man Subsidy Program”! Kind-hearted Taiwanese can receive $30 BNB for disaster relief in Hualien.) (Background information: Binance Alpha Research: Where is the limit of the points effect? Does the Fur Studio take everything?) On October 22, Binance announced that it now offers direct USD (USD) deposit and withdrawal services for users in over 70 countries worldwide. Through Binance Group's institution BPay Global — a payment service provider authorized and regulated by the Central Bank of Bahrain — eligible retail and institutional users in qualifying countries can easily inject funds, store assets, and freely exchange between USD and Crypto Assets through their fiat Wallet. Users can perform USD top-ups and withdrawals via SWIFT bank transfers, with no fees for top-ups initiated from Binance, and it also supports various payment methods such as credit/debit cards, Apple Pay, and Google Pay. Thomas Gregory, Vice President of Binance's fiat business, stated: “After a long wait, we are pleased to provide users with direct USD deposit and withdrawal channels. The USD is the most commonly used trading currency globally, and this service meets the actual needs of our diverse user base. Expanding USD-related services allows us to further drop the threshold for users to enter the Crypto Assets market at a lower cost, while enhancing the user experience on our world-class secure platform.” BPay Global provides Binance users with a fiat electronic Wallet, allowing users to store funds in various fiat currencies including USD under a regulated institution, and can be used directly on the Binance platform. About BPay Global BPay Global B.S.C © is a payment service provider registered in the Kingdom of Bahrain. The company has been authorized by the Central Bank of Bahrain and is regulated, holding a “Subordinate Service Provider - Payment Service Provider (PSP)” license. About Binance Binance (Binance) is a leading global blockchain ecosystem and the largest Crypto Assets trading platform by trading volume and registered users. Binance is trusted by over 280 million users in more than 100 countries worldwide for its industry-leading security, transparency, trading engine speed, investor protection measures, and unparalleled digital asset product and service offerings. Its services cover various areas including trading, finance, education, research, charity, payments, institutional services, and Web3 functionalities. Binance is committed to building an inclusive Crypto Assets ecosystem, using Crypto Assets as a core means to enhance financial freedom and improve financial services globally. Related Reports 4 Steps to Efficiently Find Alpha on X + Smart Money Twitter Account Organization Binance Alpha Point Heat, Overview of the 10 Most Active BNB Chain Projects Recently Binance's Four Major Profit Mechanisms: TGE, Launchpool, HODLer, and Megadrop Revenue Analysis, Should You Hold BNB Long or Rush for Alpha Points? This article titled “Binance Provides Global Direct USD Top-Up and Withdrawal Services Through BPay Global” was first published on BlockTempo, the most influential blockchain news media.
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