Binance Pay Expands Send Product With ‘Send Via Contact’ And ‘Send On-Chain’ Features To Streamline Crypto Transfers
In Brief
Binance has enhanced Binance Pay with two new features—Send via Contact and Send On-Chain—that simplify and secure crypto transfers by allowing users to send cryptocurrencies directly to contacts or external wallets with ease and no fees.
Binance, the global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume and user base, has introduced 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 cryptocurrency.
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.
With Send via Contact, Binance Pay removes friction from user-to-user transfers by simplifying the process, reducing manual entry errors, and improving transaction accuracy — making cryptocurrency transfers feel as easy as messaging a friend. If the recipient doesn’t yet have a Binance account, users can invite them to join.
Send On-Chain Enables Users To Transfer Crypto To External Wallets Via QR Code Scanning
Complementing this, Send On-Chain allows users to send cryptocurrency 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. Built-in safeguards, such as character similarity detection and confirmation prompts, help enhance accuracy and security. This makes on-chain payments more accessible, especially for stablecoin users, supporting broader adoption for everyday use.
“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,” said Jonathan Lim, Global Head of Binance Pay in a written statement. “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,” he added.
This upgrade to Binance Pay reflects Binance’s ongoing commitment to expanding the real-world utility of cryptocurrency through secure, user-friendly tools.
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About The Author
Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
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Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
