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Binance partners with Polygon and Unstoppable Domains to foster development in billion-$-market

April 27, 2023
in Crypto News
Reading Time: 4 mins read
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Binance partners with Polygon and Unstoppable Domains to foster development in billion-$-market
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  • Binance.US, the U.S. arm of the leading crypto exchange Binance, has partnered with Unstoppable Domains to unveil .BinanceUS Crypto Domains. 
  • .BinanceUS crypto domains allow customers to create a new digital identity that allows for buying and selling of crypto on the Binance.US app.

Binance.US has collaborated with Unstoppable Domains to launch .BinanceUS crypto domains. In an official announcement shared via Twitter, Binance.US detailed the possibilities that come with the new partnership. Unstoppable Domain, a San Francisco-based company, allows its customers to build Web3 websites, using domain names that are connected to a blockchain.

Breaking news!

You can now send and withdraw crypto to any Unstoppable Domain on @binanceUS, one of the largest exchanges in the US!

But that’s not all… pic.twitter.com/VBTrSotbwK

— unstoppable.nft (@unstoppableweb) April 26, 2023

The collaboration introduces Binance.US to the public and simultaneously presents a new digital identity for the Binance.US community. It is worth noting that the new domains are minted on the Polygon network. Courtesy of the new domain, customers can now create a digital identity that permits them to purchase, send and sell digital currencies in the Binance.US app.

The Binance.US community has received the news with excitement and is currently looking forward to the launch of the new .BinanceUS crypto domains, which are scheduled to debut exclusively on the Binance.US app.

The new domains will allow members to gain access to a human-readable username that represents their exchange addresses. This will result in a more personalized experience on the .BinanceUS platform. Other platforms that support Unstoppable, can send crypto to the .BinanceUS domain of any member.

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Using Binance.US, customers of Unstoppable can send and withdraw digital currencies to any Unstoppable Domain. This includes their .crypto, .nft, or .x domains, and can be done using the withdrawal functions.

With other 3.4 million Web3 domains being minted using Unstoppable, crypto users can use any of these domains to make their experience on Binance.US simpler.

Sandy Carter, The COO and Head of Business Development at Unstoppable Domain said on the partnership;

Digital identity is for everyone, and as a leader in crypto, Binance.US is well-positioned to expand access to user-owned digital identity, The new .BinanceUS domains bring together the strength of the BinanceUS community, the usability of the Polygon network and the power of Unstoppable digital identity.

Additionally, Sandeep Nailwal, the co-founder of Polygon expressed excitement towards Unstoppable Domain, and its continued growth, as well as its decision to offer “BinanceUS customers domains with utility.”

Meanwhile, Nandini Maheshwari, the Vice President of Business Development at Binance.US. gave insight into Binance, and its focus on Web3.

          No spam, no lies, only insights. You can unsubscribe at any time.

Increasing accessibility to Web3 while maintaining a safe and secure ecosystem for customers is at the core of Binance. US’s mission. We’re thrilled to partner with Unstoppable and Polygon to simplify the crypto experience for our community and enable users to take ownership of their digital identities.

Crypto News Flash does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. Crypto News Flash is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.


Credit: Source link

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