It really doesn't get a lot of attention, we often overlook and sit around waiting for more adoption from big companies like Amazon, Ebay, Microsoft, Target but today I discovered that through Binance pay we have the ability to purchase goods or services from all those sites using whatever cryptocurrency I want whether it be BTC, ETH, VET, 0x, RVN, DOGE, DGB, LINK and so much more!
For example just a couple hours ago I decided to purchase some credit for my pre-paid phone using BUSD and the transaction was really fast and seamless. No fees!
This may not seem like a big thing to those in developed countries but if I want to top-up my phone to make a phone call or send a text message I have to factor in:
- Travelling to a merchant to purchase the credit.
- The time and energy it takes me to travel and complete the transaction away from my home.
- Additional fees I have to pay to the merchant to get my credit on top of the wait time.
By using Coinsbee I essentially cut out the middleman and was able to directly get the service I want to use instantaneously!
If I want to order something off Amazon or Ebay, I don't need to go to a local courier and have them precure the item, I can do so directly through shopping.io from the comfort of my home.
What I've noticed is; if I have not been a long-time user of Binance, I would have never known of Binance pay or even the existence of these companies and its kind of sad as a lot of crypto-projects or crypto-companies suffer greatly from advertising and getting their services out there for widespread use but in the coming years I believe all of this will change
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