Shopify is one of the most popular ecommerce platforms today. It provides a wonderful way for online merchants to accept bitcoin payments, and can create a substantial boost to their profits. However, the current integration with Binance, which supports over 100 cryptos, makes Shopify payments easier than ever.
Binance, CZ, and the rest of the Binance team have done a great job at increasing Binance’s adoption rate over the past few months. However, one of the main issues for merchants who want to accept Binance’s Tokens (BNB) is that they do not have a proper wallet. This is why Binance has requested that users should use their BNB tokens to create a Binance wallet, which allows them to use BNB tokens as payment for their online sales.
Shopify, the world’s leading eCommerce platform, announced today that merchants can now accept Bitcoin (BTC) payments through the Shopify Payments API. The Shopify Payments API makes it easy for companies to integrate bitcoin payments directly into their websites and apps.. Read more about is binance a wallet and let us know what you think.
Despite the negative connotations associated with Binance as a result of the regulations and allegations leveled against it by various crypto-regulated countries around the world, Binance strives to establish itself as the most prominent and largest crypto exchange in terms of capital in a variety of ways. As a result, Binance’s feature, Binance Pay, has expanded its reach with additional collaborations.
Pay for the Alchemy Alliance
Binance, the world’s biggest cryptocurrency exchange with a global presence, has announced new partnerships in order to further extend its already-established platform. Binance now hopes to make a name for itself in the crypto-to-fiat conversion market.
Despite this, Binance has officially announced that it has collaborated with ‘Alchemy Pay’ to offer cryptocurrency to fiat conversion services to its platform. Alchemy Pay is also the first crypto-to-fiat hybrid exchange platform in the world.
Binance also intends to integrate Alchemy Pay’s hybrid exchange technology into it, making it available to Binance’s roughly 2.5 million active users. Furthermore, this new connection will enable users to pay for and receive payments in Bitcoin (BTC), Ethereum (ETH), and a variety of other cryptocurrencies.
However, this functionality in Binance Pay may not be available for all cryptos on Binance. Nonetheless, it is expected that over 40 cryptocurrencies on Binance would enable this functionality. Binance Pay will also be supported in all places where Alchemy Pay is available, which now stands at over 18 nations.
Furthermore, Binance Pay may now be utilized widely on a variety of e-commerce platforms, including Shopify, software technology company Arcadier, mobile payment provider QFPay, and many others, thanks to this collaboration.
Getting a Glimpse of Alchemy Pay
In 2018, the first global crypto to fiat hybrid exchange platform was launched, paving the way for real-world crypto to fiat currency applications. As a result, Alchemy Pay is available in more than 65 countries and supports over 300 fiat currencies and legal denominations.
Alchemy Pay has its own token, which is also known as Alchemy Pay (ACH). Indeed, the ACH coin has seen a meteoric rise and is as bullish as ever.
As a result, the ACH token increased by almost 98 percent in a single day on Wednesday. It has also seen a 1680 percent increase in 14 days. This was added to the Coinbase cryptocurrency trading platform.
Furthermore, the current ACH trading price is about $0.02445, still up by 129 percent.
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Frequently Asked Questions
Can you send bitcoin from Binance?
Yes, you can send bitcoin from Binance.
Can I pay with Bitcoin on Shopify?
Unfortunately, Shopify does not accept Bitcoin as a payment method.
Can I sell BTC to USD on Binance?
Yes, you can.
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