Binance introduces feature for cryptocurrency spending via QR codes in Vietnam

Binance introduces feature for cryptocurrency spending via QR codes in Vietnam
Binance launches crypto qr payments

Binance has introduced a feature that allows international travelers in Vietnam to pay at local merchants by scanning QR codes with Binance Pay, enabling the use of cryptocurrencies for everyday purchases without needing cash or bank cards.

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Binance has announced the launch of a feature that allows international travelers in Vietnam to pay local merchants using cryptocurrencies via Binance Pay. This service enables users to scan established QR codes, such as VietQR and MoMo, to complete transactions for everyday purchases, including food and retail items, without the need for cash, bank cards, or currency exchange.

The feature is available to identity-verified Binance users and integrates with Vietnam’s national QR payment systems. According to the announcement, this rollout is part of Binance's efforts to expand real-world crypto payment options, with the Vietnam launch forming part of a broader expansion plan targeting over ten countries by Q3 2026.

Binance is a cryptocurrency exchange headquartered in Hong Kong, recognized for its high daily turnover, active user base, and high platform performance. Key features include low commissions, its proprietary BNB Coin for reduced fees, and a proprietary cold wallet for asset storage, though users should be aware of its complex verification, absence of regulatory licensing, occasional platform outages, and intricate commission structure. More details can be found in the broker profile on Traders Union.

For more on Binance's recent activities, see our earlier news about the relaunch of the USD1 Simple Earn Flexible Products campaign and its promotional APR offers in the previous Binance update on Traders Union.

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