2023-04-28
Binance US, a US-based cryptocurrency trading platform, has partnered with Unstoppable Domains to offer decentralized domain name registration and management services for users.
The new
offering will allow users to create ".BinanceUS" domains, which will
serve as easily understandable digital identity data on the Web3 ecosystem.
These domains will be used for buying, selling, and transferring digital assets
within the Binance.US app, as well as for data identity purposes across Web3
platforms and applications.
The service
was launched on April 26, 2023, and will be available starting in May, built on
the Polygon blockchain. This allows for decentralized domain name creation
without gas fees or renewal costs.
The
partnership also enables Unstoppable Domains users to withdraw their digital
assets to various Unstoppable Domains wallet addresses, including .crypto,
.nft, and .x domains, using Binance.US.
"Navigating
the Web3 while keeping our customer safety at the core of our business is our
main priority at Binance.US," said Nandini Maheshwari, VP of Business
Development at Binance.US. Unstoppable Domains will be responsible for managing
all ".BinanceUS" domains, which can only be created via the
Binance.US app.
