I want to know how to utilize USDT, a stablecoin, on the Binance platform. Specifically, I'm interested in the process of buying, selling, and transferring
USDT within the Binance ecosystem.
7
answers
DigitalDynastyQueen
Wed Apr 16 2025
Merchants have the opportunity to begin accepting
USDT through Binance Pay with a straightforward process divided into three main steps. This initiative allows businesses to embrace digital currency transactions efficiently.
Sara
Wed Apr 16 2025
The initial step involves creating a Binance Pay account. This can be accomplished by registering as a Channel Partner or a Direct Merchant. Each path has its own set of requirements tailored to the merchant's specific needs and scale of operations.
Silvia
Wed Apr 16 2025
Upon signing up, merchants must complete the verification process. This step ensures the security and integrity of the platform, safeguarding both the merchants and their customers from potential fraud and unauthorized activities.
CryptoMystic
Wed Apr 16 2025
The second step in the process is signing the Channel Partner or Direct Merchant Agreement. This agreement outlines the terms and conditions of using Binance Pay, including fees, transaction limits, and other relevant details.
benjamin_brown_entrepreneur
Tue Apr 15 2025
By signing the agreement, merchants commit to adhering to the guidelines and policies set by Binance Pay, ensuring a smooth and secure transaction environment for all users.