Binance’s Introducing of Crypto Purchase Function Integrated Was Made
Binance, a global blockchain company, today announced Binance Access, a cross-business (B2B) solution to integrate a “buy crypto” function for existing and new Binance users for merchants and wallets.
According to Binance Access, traders and vendors can allow users to purchase crypto with fiat directly on their platform, without leaving their interface according to Binance.
Binance Access is a standard API run on Binance.com and offered to customers and partners as part of Binance’s Open Platform initiative. Binance users can easily link their accounts to the participating vendor’s platform. Binance Access also allows users outside of Binance to automatically create a Binance account after logging into the seller’s site.
Users can buy crypto directly from the seller’s interface using their existing fiat balances. While the purchased crypto directly enters the user’s Binance account to provide the highest level of security, users can continue to purchase crypto on the merchant platform.
Binance CEO Changpeng Zhao (CZ) said the following in his statement:
“Binance Access allows businesses to offer one-stop exchange service to their customers and users without making a change, making the process easier for both service providers and end users. By providing tools and services to build ecosystems for other industry players and businesses, we hope to continue to reduce the crypto entry barrier and provide more solutions to increase adoption as an infrastructure provider. ”