Binance, the largest Bitcoin (BTC) and virtual currency exchange, has launched a QR code payment function in Argentina.
This tool allows users to use that platform Make payments at merchants using your digital currency.
This feature is integrated into the Binance mobile application, allowing users to Scan a payment QR code that is accepted in that country (for example, from MercadoPago)the most used platform), pay directly with spot, funds, or earned account balances.
Binance will automatically convert your selected digital currency to Argentine Pesos. At the then current exchange rate without any fees applied to the transaction.
Binance General Manager for Argentina and the Southern Cone, Andres Ondara, emphasized that this option aims to integrate digital assets into everyday life. This tool allows you to choose from over 100 digital assets available on the platform and make payments.
This new modality Available only to verified Binance users from Argentina.
With this initiative, the company aims to expand the use cases of cryptocurrencies in everyday transactions and provide an alternative to traditional payment methods such as cash and cards.
As reported by CriptoNoticias, Binance is an exchange registered with Argentina's National Securities Commission and therefore acts in accordance with the regulatory standards required in Argentina.
