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Which is the Best to Receive Payments, Bank Transfer or Binance Pay?
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[QUOTE="btaliat, post: 251924, member: 26390"] I have used the two and I think I am in the better position to review the two with the view of choosing the better one. To start with, the two methods aim at the same things of making available money from one person to others as results of rendering of service. Bank transfer is one of the known ways of sending and receiving money. You don't need much than to drop your account number and sort code if it involves other countries. However, there may be problem to send to people in the other countries except if it will be wired which most sites don't support. The charges in bank as well may be a thumb down for banks. No one can also deny the fact that banks will convert based on market price which may not be favorable to some countries with weak currencies. Binance pay on the other hand is a digital way of sending and receiving money. You don't need account number but your I.D number. Thw method is fast and better for the people in the weak currency countries. The only issue I may be having with Binance pay is they always pay in any coin and there is tendency that the coin may be in bearish moment at the time of sending. [/QUOTE]
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Which is the Best to Receive Payments, Bank Transfer or Binance Pay?
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