Overview
Binance Pay is available as a payment option on StandardHash, allowing users to complete transactions conveniently through their Binance account.
With Binance Pay, users can make payments directly within the Binance app, eliminating the need for manual wallet transfers or network selection.
This payment method is designed to provide a more streamlined and efficient payment experience, subject to Binance platform availability and user account status.
We highly recommend Binance Pay as your preferred method: simply provide your Account ID for near-instant settlement with zero network GAS fees.
Binance Pay Selection Options
In Binance Pay, there are two primary selection levels: Account Type and Payment Currency. Depending on your selection, the platform supports the majority of stablecoins available on the market, as well as “Convert” payments for other assets held in your account.
Supported Assets
- Stablecoins: USDT, USDC, FDUSD, USDE, USD1, TUSD, USDP, and XUSD.
- Convert-Supported Cryptos: BTC, ETH, BNB, SOL, XRP, DOGE, and more.
Note: As long as you hold a balance of a specific cryptocurrency in your account, it will automatically appear as an available option for “Convert” payments.
On StandardHash, Binance Pay supports both the purchase of new hashrate and the payment/collection for hashrate service reassignment.
The purchase of new hashpower
1. Add Hashpower
Users can select Binance Pay at checkout and complete the payment by confirming the payment directly within their Binance account
Once the payment is successfully completed and confirmed, the order will be processed accordingly.
Users must complete any required verification (e.g. KYC) before accessing full platform features.
2. Payment Steps
Please follow the steps below to complete a purchase using Binance Pay:
Enter the hashpower quantity → Select Payment Method: Digital Asset Payment → Choose Binance Pay → Proceed with payment
3. Log in to Binance Pay
You can log in to your Binance account using one of the following methods:
- Email: For existing users
- Google: Sign in via your Google account (if previously authorized)
- Telegram: Log in using your linked Telegram account
4. Confirm Payment
After logging in, you will be able to review the payment details, including:
- Product Details
- Account
- Payment Currency
Click “Confirm” to proceed with the payment.
The payment/collection for hashrate service reassignment
To create a reassignment offer, tap the “+” icon at the top left of the Reassignment Offers page.
After selecting the power efficiency, quantity to be reassigned, minimum requested amount, and reassignment price, users may choose Binance Pay as the payment method.
Note: To link your account, you will need to provide your Binance ID as the receiving account.
Please follow the steps below to locate your Binance ID.
Important Notices
- Administrative Nature: This function is an administrative reassignment of service contracts, not a financial trade, security, or investment product.
- Ongoing Fees: Recipients are responsible for all future Operational Service Fees (Electricity) to maintain hashpower activity.
- Finality of Payment: All payments for service reassignments are irrevocable and non-refundable.
- No Performance Guarantees: Past performance or offer prices are not indicative of future results. The platform does not guarantee specific mining output or profits.