CoinPayments to Support Binance (BNB) Token Transactions for Merchants

Source: Cointelegraph 2020-05-28

George Town, Cayman Islands – CoinPayments, the world’s leading cryptocurrency payments processor, today announced a collaboration with Binance, the global blockchain ecosystem behind the world’s largest digital asset exchange, Binance.com. Starting today, CoinPayments will support Binance’s BNB token to open up merchants around the world to the Binance community.

“A CoinPayments-Binance collaboration is a huge win for both communities,” said CoinPayments CEO Jason Butcher. “With support for BNB, anyone who holds the token will now have access to millions of new options to buy goods and services on our simple and safe payments platform.”

BNB is the native coin of the main Binance Chain and has historically been used as a way to pay for trading fees on the Binance Exchange or to participate in Binance Launchpad token sales. With this CoinPayments collaboration, Binance community members will now be able to use BNB as a payment method across a huge range of ecommerce sites and online merchants.

“Our collaboration with CoinPayments is incredibly important for the BNB community,” said CZ (Changpeng Zhao), Founder and CEO of Binance. “Given CoinPayments’ global reach and history as a leading cryptocurrency payments provider, we’re excited to bring their easy-to-use platform to everyone who is part of our ecosystem and further the utility of BNB at merchants and retailers worldwide.”

CoinPayments merchants are now able to select BNB as a payment option and Binance community members can immediately begin to spend their tokens with CoinPayments vendors. Since inception, CoinPayments has completed more than US $5 billion in total crypto transactions and averages US $100 million in monthly volume.

About CoinPayments

CoinPayments is the easiest, fastest and most secure way for merchants worldwide to transact in cryptocurrencies. It is the first and largest cryptocurrency payments processor with more than US $5 billion in total transactions to date, while supporting more than 1,900 coins, and is the preferred cryptocurrency payment solution for merchants and eCommerce platform providers worldwide. Founded in 2013 and headquartered in the Cayman Islands, CoinPayments is dedicated to providing clients with fast, secure and user-friendly crypto payment APIs, shopping cart plugins, digital wallets, and a host of other solutions supporting cryptocurrency payment applications. Learn more at: https://www.coinpayments.net/.

About Binance

Binance is the global blockchain company behind the world’s largest digital asset exchange by trading volume and users, serving a greater mission to accelerate cryptocurrency adoption with 25+ products, projects and initiatives.

CoinPayments to Support Binance (BNB) Token Transactions for Merchants

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