Binance Connect to Discontinue Operations

Binance has announced that Binance Connect, its business-to-business payment infrastructure, will cease operations effective June 15, 2024. This decision is part of Binance's ongoing strategy to streamline its offerings and focus on its core products.

Binance Connect was launched to provide merchants and businesses with a way to accept crypto payments. While the service has facilitated crypto adoption, Binance has decided to discontinue it to reallocate resources towards other strategic initiatives.

Users of Binance Connect are advised to make alternative arrangements for their crypto payment processing needs before the June 15th deadline. Binance has expressed its gratitude to the users and partners of Binance Connect and remains committed to building and providing other valuable services within the crypto ecosystem.

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