Binance Send Cash is a feature that allows users to send fiat currency to other users' bank accounts or e-wallets using Binance Pay.
To use Binance Send Cash, you must have a Binance account and balance in your Spot or Funding wallet.
🔸Here are the steps on how to send cash using Binance Send Cash:
☑ Log in to your Binance account and go to the Binance Pay section.
☑ Press SEND CASH.
☑ Enter the recipient's name, email address, or phone number.
☑ Select the destination country and select the payment method.
☑ Enter the amount of fiat currency you want to send.
☑ Review the transaction details and tap Submit.
☑ The recipient will receive the funds in a few minutes.
🔸Here are some of the fees that apply to Binance Send Cash:
☑ Binance charges a transaction fee. The rate varies depending on the destination country and payment method.
☑ Fees may also be charged by the recipient's bank or e-wallet provider.
☑ Binance Send Cash is available in over 180 countries. To see if Binance Send Cash is available in your country, you can check the Binance website or app.
🔸These are some of the limitations of Binance Send Cash:
☑ The maximum amount of fiat currency you can send per transaction varies depending on the destination country.
☑ You can only send cash to bank accounts or e-wallets that are in the same currency as the fiat currency you are sending.
☑ Binance Send Cash is not available in all countries.
☑ Binance's regional vice president for LATAM Min Lin clarified the commitment and continuous work that the platform maintains with the crypto industry.
📢If you have any questions about Binance Send Cash, you can contact Binance customer service.
Source: Binance Latam on X: https://twitter.com/BinanceLATAM/status/1696573061816872992
