Binance just made crypto buying a whole lot easier for Europeans. The exchange now supports Apple Pay and Google Pay for Euro deposits, streamlining the formerly tedious process of getting money onto the platform. Users need the latest app versions – iOS 2.98.0 or Android 2.98.1 – and must complete identity verification first. The system works on both web and mobile, with built-in security features from Apple and Google. There’s more to this game-changing update than meets the eye.
Binance is expanding its payment options, rolling out Apple Pay and Google Pay support for Euro deposits across its platform. The cryptocurrency exchange giant is making it dead simple for European users to throw their euros into the crypto world. No more jumping through complicated hoops – just tap, verify, and you’re in.
The integration works on both Binance‘s website and mobile apps, whether you’re team Lite or Pro. This effort aims to enhance trading experience for all platform users. Users can quickly review their transaction status in the history section. But there’s a catch – users need to keep their apps updated to the latest version. Nobody likes outdated apps anyway, right?
The process is straightforward: log in, hit up the “Deposit EUR” section, pick your poison (Apple Pay or Google Pay), and follow the prompts. Easy peasy. Multi-signature wallets add an extra layer of security for larger transactions.
Security’s tight, though. Users can’t just waltz in and start throwing money around. Identity verification is mandatory – because obviously. Once verified, transactions are locked down with Touch ID for Apple Pay users or standard confirmation steps for the Google Pay crowd.
Every deposit gets logged under “Check Assets,” so users can track where their money’s going.
The move makes perfect sense for Binance. They’re basically saying, “Hey, you already use these payment methods for everything else, why not crypto?” It’s a smart play to grab those mainstream users who might be crypto-curious but were put off by complicated deposit processes.
Plus, it’s all wrapped up in those sweet, sweet security features that Apple and Google have already built into their systems.
The whole setup is pretty much idiot-proof, requiring just the latest iOS version 2.98.0 or Android version 2.98.1. It’s clear Binance is playing the long game here, making sure they’re hitting all the right notes with regulators (hello, MiCA compliance in the EEA) while making their platform more accessible.
Because let’s face it – the easier it is to get money into crypto, the more people will probably do it. That’s just basic math.
