Skip to content

DISCLAIMER: This article is a SPONSORED Press Release and does not constitute Finbold's editorial content. Crypto assets/products involve significant risks. Do not invest unless you are prepared to lose your entire investment. For a full disclaimer, please click here.

CoinGate Adds Binance Smart Chain & Polygon Support

CoinGate Adds Binance Smart Chain & Polygon Support
Press Releases

Vilnius, Lithuania, 27th February, 2023, CoinGate

CoinGate, a cryptocurrency payment processor, implemented support for Binance Smart Chan (BSC) and Polygon blockchain networks. 

Integrating these two networks into the CoinGate payment solution has created more flexibility when spending cryptocurrencies, allowing shoppers to select more networks during a payment process and save money on fees.

MATIC, WBTC, USDC, USDT, BNB, BUSD, and DAI are able to be used when paying through the Polygon network. Those who prefer using the BSC network can now use BNB, BUSD, USDC, USDT, and DAI for payments. 

Justas Paulius, CEO of CoinGate, believes that adding more networks to the CoinGate payment solution is the correct way to cater to crypto communities:

“It has become obvious that the crypto industry will be scattered over multiple competing chains, some of which utilize Layer 2 solutions. We intend to ride the wave, adopt all technologies that move the industry forward, and broaden accessibility to every market participant.”

Merchants that use CoinGate payment solutions to accept cryptocurrency payments have these networks enabled by default and for free. More information can be found on CoinGate’s official announcement.

Disclaimer

This post is sponsored. Finbold neither endorses nor takes responsibility for the accuracy, quality, advertising, products, or other materials on this page. Readers are strongly encouraged to perform their own research before making any decisions regarding the company. Finbold will not be held accountable, either directly or indirectly, for any harm or loss that may stem from or be linked to the usage or reliance on any information, goods, or services mentioned on the page. If you encounter any issues, kindly report them to [email protected].

Sign Up

or

By submitting my information, I agree to the Privacy Policy and Terms of Service.

Already have an account? Sign In

Services

Disclaimer: The information on this website is for general informational and educational purposes only and does not constitute financial, legal, tax, or investment advice. This site does not make any financial promotions, and all content is strictly informational. By using this site, you agree to our full disclaimer and terms of use. For more information, please read our complete Global Disclaimer.