Binance, which has the most trades of any cryptocurrency exchange in the world, has added both Apple Pay and Google Pay to its list of payment services. With this update, users will be able to use two of the most popular payment services in the world to buy cryptocurrencies from the platform.
This is the latest thing Binance has done to make its exchange easier to use and get more people to invest in cryptocurrency. The importance of adding Apple Pay and Google Pay to Binance Payment platforms has changed a lot in the past few years, especially in the financial sector. People are using these apps more than ever, and their use in the world of cryptocurrencies has been steady.
Apple Pay and Google Pay are two of the most popular mobile wallets, and Binance’s latest update will make it easier for more people to buy crypto. Also, a huge number of people would be interested in buying digital currencies. Business.com says that 43.9 million people use Apple Pay alone. Comparatively, Google Pay has 25 million users, according to the same data. This makes Apple Pay the most popular digital wallet, and Google Pay the second most popular.
Also, the addition of these mobile wallets to the world of cryptocurrencies is another step toward making digital assets more accessible to the general public. Because this kind of update is easy to use, it could bring in the most users in the world of cryptocurrency.
How to Use Google Pay and Apple Pay to Buy Cryptocurrency on Binance
Using Google Pay or Apple Pay to buy digital assets from Binance is easy and can be done in the following steps.
1. Open your Binance app and sign in. Click the Trades button option.
2. Select Fiat on the trade menu bar and choose the Currency you want. Tap Buy Crypto after that.
3. Choose the cryptocurrency you want to buy and enter the amount you want to spend. The amount of crypto you can get will be shown by the system on its own. Tap Buy.
4. To use Google Pay or Apple Pay to buy cryptocurrency, choose Google Pay or Apple Pay and tap Confirm.
5. Check the payment information and fees carefully, before confirming. Ensure you confirm the payment within 1 minute, after 1 minute the amount of crypto you will get will be recalculated based on the most recent market price. Tap Refresh to see the new amount of your order. Please keep in mind that the transaction fee is about 2%.
6. You’ll be taken to the transaction page for Google Pay or Apple Pay. Follow the on-screen instructions to finish making the payment.
7. When the payment is done, tap View Wallet to see your transaction history.
That’s it! With these steps, you should now be able to use Apple Pay or Google Pay to make payments on Binance in Nigeria. These mobile payment platforms offer a convenient and secure way to make transactions, so be sure to give them a try.