Binance, the world’s leading blockchain infrastructure and cryptocurrency provider, introduces its innovative QR code payment system in Argentina.
This new feature allows users to make payments with cryptocurrencies directly from the Binance app at merchants
that accept QR codes, fast, securely, and without fees.
Binance reaffirms its commitment to users and to developing solutions that address everyday needs. From now on, users will not only be able to send, receive, or earn yields with cryptocurrencies but also use them in daily life, with the convenience of having their cryptos always ready.
“Paying with cryptocurrencies via QR represents a leap toward true financial freedom: it offers speed, security, and flexibility to use your digital assets at any merchant, without fees or complications. It is the simplest and most practical way to integrate cryptocurrencies into everyday life,” highlights Andres Ondarra, Binance General Manager for Argentina and the Southern Cone. “At Binance, we continue working hard to develop products that meet the diverse needs of businesses and individuals, offering more efficient solutions for all types of users,” he concluded.
Paying with QR on Binance provides a real and simple experience for using cryptocurrencies: you can pay for whatever you want, wherever you want, with no fees and total ease. It only requires scanning any QR code and confirming the payment within seconds from the app. Additionally, users can choose from USDT, BTC, and more than 100 cryptocurrencies, without needing to manually convert to Argentine pesos, as the app automatically performs the conversion at the exchange rate in effect at the time of the transaction. Users can select which account to use for the payment—Spot, Funds, or Earn. All this translates into convenience and speed: no longer will cash or cards be necessary, just a phone to scan and pay instantly.
With over 45 million users worldwide and a transaction volume exceeding $250 billion since its launch in 2021, Binance Pay continues to innovate to make cryptocurrency adoption increasingly accessible and practical for all users, driving financial freedom with simple, secure, and cost-free solutions. In 2024 alone, its active users grew by 226% globally.
Important considerations:
- QR payments on Binance have no fees, offering a cost-free experience.
- This feature is exclusively available to users in Argentina.
- Users must have a cryptocurrency balance in their Spot, Funds,or Earn accounts to use it.
- Cryptocurrency to Argentine peso conversion is done automatically through a regulated partner at the market exchange rate at the time of the transaction.