The ‘Venmo Moment’ for Crypto? Binance Pay’s Scan-and-Send Upgrade Gets Us Close

The ‘Venmo moment’ for crypto? Binance Pay’s scan-and-send upgrade gets us close

Copy-pasting addresses and double-checking characters may soon be obsolete. With Send On-Chain and Send via Contact, Binance Pay reduces crypto transfers to two steps: scan or select, then send. The era of Web3 wallet gymnastics seems over. According to a…

Binance Pay Expands Send Product with ‘Send via Contact’ and ‘Send On-Chain’ Features to Streamline Crypto Transfers

July 3, 2025 – Binance, the global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume and user base, has introduced two new features to Binance Pay Send: Send via Contact and Send On-Chain. Together, these enhancements offer users more flexible and user-friendly ways to send crypto. Send via Contact allows users to send over 300 cryptocurrencies directly to friends and family by selecting phone contacts fro…