Amid disruptions making it impossible for Binance.US to deposit or withdraw dollars, the crypto exchange partners with MoonPay.
Binance.US customers who want to add to their account will now have the ability to exchange dollars for crypto by first buying Tether's USDT stablecoin, which can then be converted into other cryptocurrencies available on the platform, the statement said.
"We’ve partnered with MoonPay to make buying and selling crypto fast and easy, all within the Binance.US mobile app," the company said. Customers can use debit cards, credit cards, Google Pay and Apple Pay to buy USDT. "USDT can then be used to instantly buy and sell 150+ different cryptocurrencies available on Binance.US," the company said.Binance.US customers have not been able to deposit or withdraw dollars for more than a month after banking partners
with the American arm of Binance's crypto trading empire. Binance is the biggest cryptocurrency exchange in the world.from the Securities and Exchange Commission aiming to stop Binance Holdings officials from accessing Binance.US cloud infrastructure. The proposal is still pending federal approval.© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only.
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