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What is Binance Pay

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Binance Pay is a system of contactless, secure cryptocurrency payments created by Binance, one of the largest cryptocurrency exchanges in the world. This system allows users to send and receive cryptocurrency payments without any fees, making crypto more accessible in everyday life. Users can access Binance Pay through the Binance app by selecting the relevant section in the menu or using the QR code scanner. It supports over 300 cryptocurrencies, including popular ones like BTC, ETH, BNB, and transactions usually happen instantly. To use Binance Pay, registration on Binance and verification are required.

Registering at an online casino and depositing with Binance Pay

Registering at an online casino and depositing with Binance Pay

To register at an online casino and deposit through Binance Pay, a series of sequential steps should be followed.

  1. Choosing a Casino

    First and foremost, find an online casino that supports payments through Binance Pay. This information can be verified on the casino's official website or in the payment methods support section. Some casinos might actively advertise support for cryptocurrency payments, including Binance Pay, which can make the choice easier.

  2. Casino Registration

    After choosing a casino, proceed with the registration process. This includes filling out a form with personal information, such as name, surname, date of birth, and contact details, for example, email address and phone number. Some casinos might also require email or phone number verification to complete registration.

  3. Creating a Binance Account

    If you do not already have a Binance account, you need to register on the Binance platform. This involves providing basic information and going through a verification process, which may require uploading documents to confirm your identity.

  4. Activating Binance Pay

    After verification on Binance, activate the Binance Pay feature in account settings. This will allow making and receiving cryptocurrency payments, including at online casinos.

  5. Depositing to the Casino Balance via Binance Pay

    • In the Binance app, go to the Binance Pay section.
    • Select the option to send payment and enter the required details: email address, phone number, or Binance ID provided by the casino, as the payment recipient.
    • Specify the deposit amount, choose the cryptocurrency for the transfer (ensure the chosen cryptocurrency is supported by the casino for deposits).
    • Confirm the payment by entering the Binance Pay PIN or undergoing two-factor authentication if required.
  6. Starting to Play

    After the transaction is confirmed and funds are credited to the casino account, the player can start playing. It's important to note that the crediting of funds through Binance Pay happens within a few seconds.

Withdrawing Winnings to Binance Pay

Withdrawing winnings to Binance Pay

To withdraw winnings to Binance Pay, select Binance Pay as the withdrawal method in the personal cabinet on the casino site. Enter the amount to withdraw and your Binance ID or other required details for receiving the payment. After the casino processes the request, funds arrive in the user's wallet on Binance, where they can be used for further payments or converted into other cryptocurrencies/fiat money.

Note that withdrawals from the casino to Binance Pay may be subject to casino fees, and certain withdrawal limits may apply, depending on the casino's rules and the user's verification level on Binance.