Binance: Book Your Ride and Pay With Crypto
Crypto Basics

Binance: Book Your Ride and Pay With Crypto

1 month ago

Binance aims to become a super app with its new ride-hailing service. Read more!

Binance: Book Your Ride and Pay With Crypto

Have you ever wished you could call an Uber and pay with your cryptocurrency? In the current market, that may have actually been a good use of your money. Jokes aside, that is pretty much what Binance is making possible with its new partnership.

The biggest crypto exchange in the world announced an intriguing new partnership with Splyt, a super app enabler and the leading on-demand services network. The partnership will give over 90 million Binance users in more than 150 countries access to ride-hailing services within the company’s app. That makes Binance the first crypto company to offer such a service.

Binance spokespeople told Cointelegraph that they were excited to see crypto and blockchain used in real-life applications.

The partnership will allow Binance users to book rides from the Binance Marketplace and pay in cryptocurrency. According to a statement, this will include bike-sharing, scooters, airport transfers, public transport, and even food delivery.

Customers will be able to pay conveniently through Binance Pay. Thanks to Splyt's partner network and local language support, Binance users can look forward to a seamless experience when calling their next ride from the Binance app.

In a press release, Pakning Luk, Regional Head of Business Development for Binance Pay, expressed satisfaction to partner with Splyt globally and looked forward to users being able to use Splyt's services without leaving the Binance app.

Splyt's co-founder and CEO, Philipp Mintchin, said that he is "thrilled to partner with Binance" and that "Binance's 90 million users will become an incredibly strong demand partner for our network of ride-hailing and experience providers."

Undoubtedly, being able to spend cryptocurrency on real-world use cases and experiences is a major step forward for crypto companies.

In a bear market as rough as that of 2022, there is now at least one reason to be happy to hold cryptocurrency.

This article contains links to third-party websites or other content for information purposes only (“Third-Party Sites”). The Third-Party Sites are not under the control of CoinMarketCap, and CoinMarketCap is not responsible for the content of any Third-Party Site, including without limitation any link contained in a Third-Party Site, or any changes or updates to a Third-Party Site. CoinMarketCap is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement, approval or recommendation by CoinMarketCap of the site or any association with its operators. This article is intended to be used and must be used for informational purposes only. It is important to do your own research and analysis before making any material decisions related to any of the products or services described. This article is not intended as, and shall not be construed as, financial advice. The views and opinions expressed in this article are the author’s [company’s] own and do not necessarily reflect those of CoinMarketCap. CoinMarketCap is not responsible for the success or authenticity of any project, we aim to act as a neutral informational resource for end-users.
3 people liked this article