The Binance Pay service allows you to make cryptocurrency payments quickly and easily with almost no fees, while maintaining the highest security levels. Whether you're paying a bill, purchasing digital products, or supporting creators, Binance Pay provides you with a seamless experience. In this beginner's guide, we will explain how to set up, send payments, receive them, and tips to ensure your funds are protected.
1. Activate Binance Pay and link it to your account
Update the app: Make sure you are using the latest version of the Binance app on your phone.
Access Pay: Open the app and select “Pay” from the bottom menu.
Activate the service: Tap on “Enable Binance Pay” and follow the instructions to verify your identity (KYC) if you haven't done so previously.
Create Pay Code: The app will generate a QR code and a unique digital payment code (Pay ID) for you; you can use either to send or receive payments.
2. Send payments using BNB
Select currency: When sending, choose BNB from the available currency list.
Enter recipient: You can scan the recipient's QR code or manually enter the Pay ID.
Specify amount: Enter the payment amount in BNB or its value in USD, and the app will automatically calculate the amount.
Review and confirm: Ensure the address and amount are correct, then tap “Send” to complete the transaction.
Track transaction: You can monitor the payment status in the “My Transactions” section within Pay.
Trading pair helper: BNB/USDT (to quickly buy BNB before payment)
3. Receive payments
Share QR code or Pay ID: Senders can scan your code or enter the Pay ID.
Confirm deposit: When the amount is received, you will get a notification within the app.
Use balance: You can use the instant balance for purchases or withdrawals to your instant wallet.
4. Security tips
Enable two-factor authentication (2FA): To protect your account fully, including Binance Pay.
Check QR addresses: Before scanning, ensure the QR code you receive is legitimate.
Use a secure network: Avoid using unprotected public Wi-Fi when making payments.
Review transaction history: Always monitor “My Transactions” for unauthorized activities.
With Binance Pay, paying with cryptocurrencies has never been easier or safer. Have you used Binance Pay before? Share your experience or questions in the comments!
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