Binance has created its own payment company - Bifinity

[CryptoRobotics]

“We are seeing an increase in demand for fiat-to-crypto gateways.” Binance has created its own payment company - Bifinity

The largest cryptocurrency exchange Binance has launched its own payment company Bifinity. It is positioned as a platform provider for fiat and cryptocurrency payments.

The Bifinity payment platform will connect businesses, merchants and consumers with the world of crypto and blockchain through simple APIs that require no prior experience with cryptocurrencies. The solutions offered by Bifinity will allow companies like CryptoRobotics to implement crypto-currency payments and win new audiences through simple and convenient fiat-to-crypto transactions.

Thus, companies will have an easy way to work with cryptocurrencies, and their customers will have access to more convenient payment methods.

 

[Flow-er]

I'm very sure that binance is actually looking for ways to have an edge over other cryptocurrency exchange in the crypto market. This is because it is actually coming with a lot of mind-blowing features that one could not imagine. The cryptocurrency exchange Behemoth is actually on the verge of bringing so many features that will be user-friendly and that will make it user never wants to leave their cryptocurrency exchange for another one for any reason. This is because this cryptocurrency exchange bellwether is always trying to develop a features that will give it an edge over others and this is one of the reason why this cryptocurrency exchange is taken as the best in the world. Most especially, in Africa binance as taking the lead and it will be very difficult for other cryptocurrency exchange that is coming up to compete with it favourably. The basic strategy that this cryptocurrency exchange is using is a philanthropic strategy . It has been embarking on different project in Africa and in the world at large and this project that it was executing will allow the users to continue to use this cryptocurrency at an alarming rate at any given point in time.

 

[Nite]

Binance launched their own payment company is a smart and strategic move as it will further bridge the gap between traditional fiat currency and the world of cryptocurrency. This will not only benefit businesses and merchants who want to incorporate crypto payments into their operations, but also consumers who may be more comfortable using fiat currency. Having simple APIs that require no prior experience with cryptocurrencies will make it easier for companies to adopt crypto payments, while also making it more convenient for their customers