Binance relaunches Binance Connect as a fiat-to-crypto gateway, streamlining Web3 transactions and driving global digital asset adoption

Crypto exchange Binance announced the relaunch of Binance Connect on Friday, unveiling a significantly expanded fiat-to-crypto service formerly known as Bifinity.

Cryptocurrency exchange Binance has announced the relaunch of Binance Connect, a fiat-to-crypto gateway designed to streamline Web3 transactions and drive global digital asset adoption.

Binance Connect Relaunches as a Fiat-Crypto Gateway for Web3 Adoption

Binance announced the relaunch of Binance Connect on Friday. The crypto exchange described it as a “significantly expanded fiat-to-crypto service,” formerly known as Bifinity.

Initially introduced by Binance in 2022 as a standalone platform, Bifinity has now been fully integrated into the Binance ecosystem. The service allows users to conduct fiat-to-crypto transactions directly through their Binance accounts and defi wallets like Trust Wallet.

“Binance Connect is a fiat-crypto gateway that powers Web3 transactions, enabling users to buy, sell, and trade cryptocurrencies seamlessly with fiat currencies,” the exchange detailed, adding:

Binance Connect supports over 100 fiat currencies, 300 cryptocurrencies, and 300 payment methods. This ensures users across the globe can access a diverse range of transaction options.

Binance Connect aims to become a leading fiat on-and-off ramp for Web3, bridging traditional finance and digital assets for users worldwide. Designed to reduce technical barriers, the platform offers competitive pricing and zero long-term commitments.

Web3 developers can explore fiat-to-crypto integration with minimal financial risk. By leveraging Binance’s established market position and liquidity, the service provides favorable rates and easier integration, supporting a range of Web3 applications, including gaming platforms, digital wallets, and decentralized apps (Dapps).

As Binance positions Binance Connect to catalyze Web3 adoption, the company emphasized:

Binance Connect is not just a tool for transactions — it’s a solution contributing to the broader adoption of digital assets. With the relaunch, Binance reaffirms its commitment to innovation, making crypto transactions simpler, safer, and more accessible for Web3 users worldwide.

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