The largest and most popular cryptocurrency exchange, Binance, has announced that it will be partnering with Payoneer to allow its users to easily and quickly convert their US dollars into Binance tokens. This news comes as a major boon to Binance’s user base, who have long been frustrated with the cumbersome process of exchanging US dollars for other cryptocurrencies.
With Payoneer’s help, customers will now be able to easily and quickly exchange their US dollars for Binance tokens, gaining access to a wider range of available altcoins. This partnership is yet another example of how Payoneer is striving to make it easier for people around the world to invest in cryptocurrencies.
How to convert Payoneer USD to Binance USD?
Let’s Start Now,
Requirements:
You need Transfer Wise and Binance-verified account.
Procedure:
Add your Transfer Wise Account in Payoneer to Recipient’s bank account, Once it approves then transfer your payment to your transfer wise account.
It takes some time to Popup the amount in your wise account. (7 to 8 hours) Then open your Binance account and buy USDT from PTP using your Transfer Wise account balance. Always check the details of the seller from where you purchase USDT.
After purchasing USDT you have to sell it By using the same PTP sell option.
Conclusion
it’s important to note that Payoneer is a great way to easily and quickly transfer USD to Binance. However, there are also other, more traditional methods of transferring funds between exchanges, so it’s always important to do your research first.