TechFlow News, October 25 — According to an official blog post, Binance has announced the launch of a new Binance Connect, a fiat-to-crypto on-ramp service designed specifically to support Web3 projects. This service enables users to trade cryptocurrencies directly from their existing Binance accounts via DeFi wallets such as Trust Wallet. Binance Connect supports over 100 fiat currencies, 300 cryptocurrencies, and 300 payment methods, offering flexible trading options and competitive pricing.
Binance Connect streamlines integration for crypto businesses, requiring minimal technical resources while ensuring compliance with regulatory requirements. Notably, in August last year, Binance had announced the shutdown of its crypto payment platform also named Binance Connect.
