As you already know, our team always strives to improve our platform and make it more user-friendly and comfortable. Therefore, we are happy to announce the latest feature that will make you enjoy profiting on Biswap and give you greater access to purchasing crypto!
Now, it’s possible to get crypto with fiat currencies by pressing the “Buy Crypto” button on the Biswap Exchange page. You will be transferred to Binance Connect, where you can make a purchase!
What is Binance Connect?
Binance Connect is a global payment services provider powered by Binance. It is the leading fiat-to-crypto gateway solution and the easiest and cheapest way to transform fiat into crypto with fully regulatory compliance. Binance Connect gives users a quick and safe opportunity to buy crypto assets in several blockchains, like ERC-20, BEP-20, BEP-2, Bitcoin, Segwit, Artbitrum, NEAR, Optimism etc.
Binance Connect characteristics:
You may wonder how it’s going to affect Biswap and its users. Well, keep reading to find the answer!
What are the Benefits?
The integration between Binance Connect and Biswap will provide easy access for users to buy crypto assets with fiat currency. With the support of the leading liquidity provider — Binance, the Biswap users can now buy over 200 popular cryptocurrencies with over 40 fiat currencies using credit or debit cards, such as Visa or Mastercard if your bank sets no internal restrictions.
📍Please note that you can only add up to 5 cards to your account.
Here are the advantages that Binance Connect guarantees:
🔹Convenient KYC system
🔹Most competitive rate in the market
🔹Largest choice of fiat currencies & cryptocurrencies
🔹A wide variety of payment solutions
🔹Monthly exciting update
🔹24/7 multilingual assistance
🔹Deep industry knowledge
And that’s not all! After purchasing crypto, you can trade on Biswap with a low 0.2% trading fee! Also, don’t forget about making extra income. Find all the details here: https://bit.ly/3D2FI2W.
This feature takes Biswap closer to becoming a number one DEX on the BNB Chain. It provides opportunities for further development and potent collaborations. Since users can buy crypto directly to the wallet and the desired network, it creates possibilities for digital wallets supported by Biswap and those that would like to collaborate with us.
As you can see, this feature is beneficial for:
- Biswap DEX
- Prospective Collaborations
How Do You Use it? | Step-by-Step Guide!
First of all, register on Binance and verify your account. If your account is not verified, then you won’t be able to use the Binance Connect service.
❗Note: Passing KYC is a mandatory condition for using the service. Such verification is required only when you use the service for the first time.
Here’s your step-by-step guide on how to use the new feature:
1. Head to the Biswap Exchange page and click on the “Buy Crypto” button.
2. Enter the desired crypto in the search bar.
3. Choose the network.
4. Regardless of the crypto, choose the BNB Smart Chain (BEP-20 network) and press the “Confirm” button.
5. Enter your wallet address and press “Continue”.
6. Select the Residential Country.
7. Select the fiat currency.
8. Then enter the amount of fiat currency you want to purchase the crypto.
9. Choose the card you will pay with.
10. Tap the “Log In/Sign Up” button.
11. Enter your Email or Phone Number.
12. Enter the verification code that will be sent to your Email or phone, depending on what you choose.
13. After you have entered the code, put the Check Mark and press the “Submit” button.
14. Press the “Continue with Binance Account” button.
15. Log in to your Binance account via Email/Phone Number, Google or Apple, or use the QR code.
16. Give access to the Binance Connect service to use your data and press “Continue”.
17. After verification, you will be returned to Biswap. Check if you have chosen the correct Residential Country and fiat amount. Click “Continue”.
18. Complete the verification process by clicking the “Verify Now” button.
19. After that you’ll be asked to complete the Questionnaire. Do it and press the “Continue” button.
21. Select the “Add New Card” tab.
22. Enter the required data and press “Confirm”.
23. You will see a transaction confirmation window of your banking service on the Biswap page.
❗️Please note that at the same time, you will be prompted to confirm the transaction in your mobile banking app. If you do not use mobile banking apps, you will receive an SMS with a confirmation code, which you must enter in the transaction confirmation window on the Biswap page. The type of confirmation depends on your banking institution!
🎉Congrats! You’ve passed the KYC and can continue using the Binance Connect service easily.
📍Please note that if you have any problems or questions using Binance Connect, don’t hesitate to contact their direct support.
Biswap cares about providing users with the best crypto experience. We are sure that many users will benefit from this feature. The Biswap team works actively to develop the exchange service, so now you can swap crypto with fiat. Hurry to purchase crypto and start making income on Biswap!
From now on, accessing the DeFi possibilities is even more convenient for Biswappers!
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