Binance, the world’s largest cryptocurrency exchange by trading volume, announced today that it is rolling out direct USD deposit and withdrawal services for users across more than 70 countries, marking a major step toward deeper fiat-crypto integration.
The new functionality is being powered by BPay Global, a payments service provider licensed and regulated by the Central Bank of Bahrain and part of the Binance Group. Through this integration, both retail and corporate users can now seamlessly fund, store, and convert USD to crypto or vice versa directly from their fiat wallets.
USD transfers can be made through SWIFT bank transfers (with zero fees on deposits from Binance) as well as credit or debit cards, Apple Pay, and Google Pay.
Lowering barriers to crypto adoption
After much anticipation, we are happy to offer our users direct on- and off-ramp solutions for USD, the most used currency for transactions around the world. This addition caters to our global user base and helps lower entry barriers to crypto while maintaining our platform’s world-class security and low costs.”
The move strengthens Binance’s goal of bridging traditional finance with digital assets by simplifying fiat access and enhancing user experience. It also reflects a broader industry trend of exchanges focusing on regulated payment rails amid evolving global compliance standards.
Regulated fiat wallet for secure global access
Through BPay Global, Binance users gain access to a fiat e-wallet managed under regulatory oversight, allowing them to store funds in multiple global currencies, including USD. These balances can then be used directly for crypto trading, conversions, or withdrawals on the Binance platform.
By offering this service under a licensed and regulated payment provider, Binance reinforces its ongoing commitment to financial transparency, security, and compliance, while making digital assets more accessible to users worldwide.