CZ Wants “Binance Pay” To Be The Solution for Crypto Payments on Twitter

With Elon Musk’s acquisition of Twitter, a new era for the social media platform has begun. And not only just Elon, Binance CEO, CZ, wishes to help him out in his future endeavors as well. 

In an effort to give cryptocurrencies a “seat at the table,” Binance had invested $500 million in Elon Musk’s $44 billion purchase of the micro-blogging site, Twitter. CZ now seems to be considering a more robust unification of the social media platform and his exchange services.

Zhao explained during a Web Summit,  

“It’s very easy to support a dozen, a couple of hundred cryptocurrencies as payments. We already have a solution that does that: Binance Pay.” 

Trending Stories

He also added that the payment service allows users to pay merchants in “whatever coin or currency or fiat currency they choose,” with Binance managing the conversion to the merchant’s payment of choice at “no extra charge.”

Zhao also further went on to say,

“He did mention about Dogecoin, charging for tweets, charging for comments, charging for the blue tick, I think all of those things are coming.”

When asked about being offered a board member seat at the Twitter HQ, Zhao replied that he’s prepared to join the board of Twitter, if Musk asks him out. However, he would be a little reluctant since he is already quite occupied with things at Binance. 

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.