The largest cryptocurrency exchange in the world, Binance, set out to provide users with a variety of options for buying cryptocurrencies. The platform has updated Binance Build to offer users the opportunity to buy cryptocurrency using Apple Pay and Google Pay payment systems.

This innovation by Binance is an important step towards improving the usability of the service and the acceptance of crypto-currency investments by a wider population. In addition, the statement says that users can use these popular payment methods to easily purchase cryptocurrencies. However, Binance’s move came after Crypto.com introduced Apple Pay to its users on June 24, 2022.

In recent years, the importance of payment applications in the financial industry has grown significantly. In addition, these types of applications are being used by users more than ever before and they are constantly being integrated into the cryptocurrency ecosystem.

Binance’s move certainly provides an opportunity to capture a significant share of the digital asset market thanks to both mobile wallets. It is one of the most widely used payment methods in the market. Apple Pay alone has 43.9 million users, according to Business.com. And Google Pay has 25 million users, making it the leading and second most popular digital wallet overall.

However, the emergence of these mobile wallets in the cryptocurrency arena indicates an increase in the availability of digital assets to a wider audience. In addition, the flexibility of these digital wallets allows you to attract new users to Binance and the world of cryptocurrencies.

In addition, Binance is working diligently to comply with the requirements of US regulators and law enforcement. On Dec. 21, the largest cryptocurrency exchange joined with US lobbying firm Chamber of Digital Commerce to “help promote policies that benefit and protect users.”

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