Binance US Taps Mobile Wallets for Faster Crypto Onramp
Binance US has integrated Apple Pay and Google Pay as funding options for crypto purchases. The exchange announced this update on August 20, allowing users to make instant USD deposits using their phone's digital wallet.
This integration means that US customers can now tap their way into crypto positions without the multi-step process of linking a bank account and waiting for transfers to clear. Binance US still offers ACH bank transfers and wire transfers with zero fees, but they come with waiting periods before transfers are processed.
The exchange currently facilitates trading across more than 190 crypto assets, providing users with a faster path to a wide selection of tokens. This update is part of the platform's efforts to simplify the onboarding process for new users and increase adoption.