To let users buy cryptocurrencies from the platform with two of the most popular payment services in the world, the world’s largest cryptocurrency exchange Binance has integrated Apple Pay and Google Pay features into its platform.
Binance shared the information via its Twitter handle on Thursday, December 29, which many users of Binance confirmed the functionality of the new feature. The newly introduced feature is part of Binance’s move in promoting easy access to cryptocurrencies and promoting the adoption of crypto adoption among enthusiasts.
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The Necessity of Apple Pay and Google Pay Integration
One of the barriers when it comes to crypto adoption is accessibility, however, virtual assets services providers have been in one way or the other attempting to bridge the gap between fiat and cryptocurrencies.
This is why the integration of Apple Pay and Google Pay is necessary, both of which are two of the most popular mobile wallets in the market.
Apple Pay and Google Pay have over 49 million and 25 million users respectively as per Business.com, of which the recent Binance integration of the payment system into its platform will promote the use of crypto among the users of these payment services.
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