PANews, July 3rd news, according to the official announcement, Binance Pay has launched two important upgrades to make cryptocurrency transfers simpler, faster, and more secure. The newly launched contact transfer and on-chain transfer provide a new cryptocurrency transfer solution to meet different users' needs and preferences.

  • Binance Pay Contact Transfer: Quickly transfer cryptocurrency to phone contacts without entering wallet addresses, email addresses, or Binance IDs. Over 300 cryptocurrencies are available for selection, with no Gas fees.

  • Binance Pay On-Chain Transfer: Simply scan the QR code or take a photo of the wallet address to easily transfer cryptocurrency on-chain. No need to manually input, and no complicated network operations are required.