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Binance restarts Binance Connect to provide Web3 with fiat and cryptocurrency integration

On October 25th, according to the official blog, Binance announced the launch of the refreshed Binance Connect, a fiat-to-cryptocurrency channel service designed to support Web3 projects. Enables users to trade cryptocurrencies directly from their existing Binance accounts through DeFi wallets such as Trust Wallet. Binance Connect supports over 100 fiat currencies, 300 cryptocurrencies, and 300 payment methods, providing flexible trading options as well as competitive pricing. Binance Connect simplifies the integration process for cryptocurrency businesses, while complying with regulatory requirements, requiring minimal technical resources. Previously, in August last year, Binance announced the closure of crypto payment platform Binance Connect.