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Binance Offers Direct USD Deposits and Withdrawals Worldwide through BPay Global
"After much anticipation, we are happy to offer our users direct on- and off-ramp for USD, the most used currency for transactions around the world, which caters to our diverse global user base and their needs," said Binance VP of Fiat Thomas Gregory. "Providing wider USD services allows us to further lower entry barriers to crypto with low costs and enhances the user experience within our platform known for its world-class security."
BPay Global provides Binance users with a fiat e-wallet designed to allow them to store their own funds with a regulated entity in global fiat currencies, including USD, and to use them directly on the Binance platform.
BPay Global B.S.C (c) is a Payment Services Provider registered in the Kingdom of Bahrain. The Company is licensed and regulated by the Central Bank of Bahrain as an Ancillary Service Provider - Payment Service Provider (PSP).
Binance is a leading global blockchain ecosystem behind the world's largest cryptocurrency exchange by trading volume and registered users. Binance is trusted by more than 290 million people in 100+ countries for its industry-leading security, transparency, trading engine speed, protections for investors, and unmatched portfolio of digital asset products and offerings from trading and finance to education, research, social good, payments, institutional services, and Web3 features. Binance is devoted to building an inclusive crypto ecosystem to increase the freedom of money and financial access for people around the world with crypto as the fundamental means. For more information, visit: https://www.binance.com .
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