Binance Pay Can Be A ‘Solution’ For Crypto Payments On Twitter, Says CZ

After Musk’s Twitter takeover, Binance President Changpeng Zhao said that his organization is “prepared to help” with crypto and Web3 on the stage.

Crypto exchange Binance has plunged $500 million into Elon Musk’s takeover of social media platform Twitter, with a view to giving crypto a “seat at the table.”

Now, Binance CEO Changpeng ‘CZ’ Zhao appears to be mulling a deeper integration of the exchange and the social media platform.

Talking at Web Highest point, Zhao said, “Supporting twelve, several hundred digital forms of money as payments is extremely simple. We as of now have an answer that does that: Binance Pay.” He added that the assistance empowers clients to pay vendors in “anything that coin or money or government-issued money they pick,” with Binance taking care of the transformation to the shipper’s cash of decision at “no additional charge.”

Binance needs to be “steady on whatever is to do with crypto or Web3” connecting with Twitter, Zhao said. “We have every one of the advancements, we have the expertise, we have the items, so we’re prepared to help.”

Zhao added that he presently can’t seem to meet Musk in that frame of mind, “of Coronavirus and everything; he’s occupied, I’m in the middle of.” Spending time with the Tesla Chief, he said, “probably won’t be the most time-proficient thing.”

And he has yet to ask for a “detailed plan” of Musk’s plans for Twitter. “He did mention about Dogecoin, charging for tweets, charging for comments, charging for the blue tick,” said Zhao. “I think all of those things are coming.”

Zhao additionally said that he’s ready to join the leading body of Twitter, should Musk ask — though hesitantly.

“I’m unconcerned with it,” he said. “On the off chance that I’m asked, I most likely would help it similarly as out, yet it’s not something I’m kicking the bucket to do. I’m occupied with Binance as of now.”