Hassan Maishera
Binance, the global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume and user base, announced on Thursday that it has launched two new features to Binance Pay Send: Send via Contact and Send On-Chain. Together, these enhancements offer users more flexible and user-friendly ways to send crypto.
In a press release shared with Cryptowisser, Binance explained that Send via Contact allows users to send over 300 cryptocurrencies directly to friends and family by selecting phone contacts from within the Binance app, eliminating the need to manually input recipient details such as email addresses, phone numbers, or Binance IDs. All transfers are completed instantly and incur no gas fees.
Meanwhile, Send via Contact enables Binance Pay to remove friction from user-to-user transfers by simplifying the process, reducing manual entry errors, and improving transaction accuracy, making crypto transfers feel as easy as messaging a friend. If the recipient doesn’t yet have a Binance account, users can invite them to join.
These features are complemented by Send-Onchain, a feature that allows users to send crypto to external wallet addresses by simply scanning a QR code via Binance Pay’s scan function or uploading an image, eliminating the need to type long wallet strings manually.
While commenting on these features, Jonathan Lim, Global Head of Binance Pay, stated that,
“With the launch of ‘Send via Contact’ and ‘Send On-Chain’, Binance Pay is making sending crypto even more intuitive and accessible by merging offchain and on-chain transfers onto one single platform. These features are part of our broader mission to bring everyday utility to digital assets and simplify the way people connect, pay, and transfer value globally.”
Binance Pay is a seamless, borderless, and secure cryptocurrency payment feature on the Binance app, allowing users and merchants to pay, send, and receive crypto worldwide without incurring gas fees. With support for over 300 cryptocurrencies, it caters to more than 40 million active users and 32,000 merchants. Trusted by over 275 million people across 100+ countries, Binance stands as the world’s largest cryptocurrency exchange by trading volume and registered users.
