2 years ago
Binance users based successful the United States are present capable to make Web3 domains that service arsenic integer identities successful a caller concern with Unstoppable Domains.
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Binance.US users volition soon beryllium capable to acceptable up decentralized domains that volition service arsenic integer identities crossed the Web3 ecosystem done a caller concern with Unstoppable Domains.
The caller offering volition let users to mint “.BinanceUS” domains, providing users with easy understandable names for cryptocurrency wallets to buy, merchantability and transportation cryptocurrency successful the Binance.US app. These unsocial domains besides service arsenic a integer individuality crossed compatible Web3 services, applications and platforms.
Binance.US and Unstoppable Domains announced the motorboat of the work connected April 26 and it volition spell unrecorded successful May. Binance.US domains are minted connected the Polygon blockchain, which allows the procreation of decentralized domains without state fees oregon renewal costs.
The concern volition besides let Unstoppable Domains users to usage Binance.US to retreat cryptocurrencies to assorted Unstoppable Domains addresses, which see .crypto, .nft and .x domains.
A connection from Binance.US Business Development Vice President Nandini Maheshwari, shared with Cointelegraph, highlighted the proviso of integer individuality ownership arsenic a cardinal origin successful the concern with Unstoppable and Polygon:
“Increasing accessibility to Web3 portion maintaining a harmless and unafraid ecosystem for customers is astatine the halfway of Binance.US’s mission.”Unstoppable Domains volition beryllium liable for custodying each .BinanceUS domains, which tin lone beryllium created done the Binance.US app.
Related: Web3 Domain Alliance expands with 51 caller members
The decentralized domain work supplier has partnered with a fig of Web3, blockchain and cryptocurrency companies implicit the past year. This includes a partnership with Polygon to supply the quality to mint “.polygon” Web3 domains. Unstoppable besides provided an avenue for 1inch Network decentralized concern (DeFi) users to nonstop cryptocurrencies to Web3 domain addresses successful November.
Unstoppable Domains and Ethereum Name Service (ENS) have seen burgeoning idiosyncratic numbers done 2022 and 2023 arsenic request for Web3 services continues to grow. American cryptocurrency speech Coinbase tapped arsenic its decentralized domain sanction partner successful September 2022, providing users with free.cb.id usernames similar ‘cointelegraph.cb.id’ to regenerate alpha-numeric cryptocurrency wallet addresses.
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