The use of cryptocurrencies as a means of payment has ceased to be a distant idea and has become a concrete reality in several countries in Latin America. In Peru, it is already possible to use crypto assets like BTC, USDT, and many others to acquire products and services, simply by scanning a QR code directly from the Binance app.
This functionality represents an important advance in the integration between decentralized finance and traditional payment methods, allowing digital assets to be used in daily life without the need for cash or physical cards.
What does this new function allow you to do?
From now on, any Binance user in Peru can make purchases in stores that accept payments with QR code, using their cryptocurrencies. The amount is automatically converted to local currency (soles) at the time of the transaction, without needing to perform manual conversions.
The operation is carried out directly from the mobile phone, offering an additional option to those who prefer digital methods or wish to use their crypto assets practically and quickly.
How to buy with QR code from the app?
The process is available in both the Lite version and the Pro version of the Binance app. Below, we explain how to do it in each mode:
In Lite mode:
From the main screen, access the button to scan QR codes.
Scan the merchant's code.
The purchase details will appear. You can choose the cryptocurrency and the source of funds (Spot, Funds, or Earn).
Verify the data and tap [Confirm].
Enter your Pay PIN or complete the two-step authentication (2FA).
The purchase is completed instantly, and you can see the transaction details.
In Pro mode:
From the main screen, access the Binance Pay section.
Tap the QR scanner button.
Scan the merchant's code.
Select the crypto to use and confirm the purchase.
Validate with your PIN or 2FA to finalize the operation.
Advantages of using this option in Peru
Paying with cryptocurrencies through QR codes presents several advantages in the Peruvian context:
Accessibility: No card or traditional bank account is needed.
Simplicity: The entire process is done from the mobile phone.
Speed: Purchases are processed in seconds.
Automatic conversion: Binance converts the cryptocurrency to soles instantly.
Diversity of assets: More than 100 cryptocurrencies can be used.
Security: Protection through PIN and 2FA authentication.
This solution is useful not only for consumers but also for small businesses and freelancers who want to accept digital payments without traditional financial intermediaries.
Where can it be used?
The functionality is available in all businesses that accept payments via QR code. In Peru, more and more businesses are adopting this technology: from traditional markets and local fairs to cafes, neighborhood stores, delivery services, urban mobility, and even beauty salons.
Additionally, compatibility with widely used payment solutions like Yape and Plin facilitates the integration of this tool into daily life, helping to familiarize the public with the use of QR codes for payments, even with cryptocurrencies.
A new stage for the everyday use of cryptocurrencies
The ability to pay with crypto by scanning a QR code from a mobile phone marks an important step towards the mass adoption of digital assets. In Peru, this functionality not only simplifies transactions but also brings more people closer to the crypto ecosystem without needing advanced technical knowledge.
As more businesses and users join, tools like Binance Pay can become a real bridge between the traditional economy and new forms of money, driving financial inclusion in Peru and throughout Latin America.
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