In an exciting collaboration with Unstoppable Domains, Binance.US has enabled its users in the United States to create Web3 domains, serving as digital identities within the blockchain ecosystem.
Through this partnership, Binance.US users will soon have the opportunity to establish decentralized domains that can function as digital identities across various Web3 services, applications, and platforms. These unique domains, ending in “.BinanceUS,” will provide users with easily recognizable names for their cryptocurrency wallets, facilitating seamless transactions such as buying, selling, and transferring digital assets within the Binance.US app.
The service, announced by Binance.US and Unstoppable Domains on April 26, is set to go live in May. Binance.US domains will be minted on the Polygon blockchain, which enables the creation of decentralized domains without gas fees or renewal costs.
Furthermore, this partnership will allow users of Unstoppable Domains to withdraw cryptocurrencies to different Unstoppable Domains addresses, including .crypto, .nft, and .x domains, by utilizing the services of Binance.US.
Over the past year, Unstoppable Domains has formed strategic partnerships with several Web3, blockchain, and cryptocurrency companies. Notably, they collaborated with Polygon to offer the minting of “.polygon” Web3 domains. Additionally, in November, Unstoppable Domains facilitated the seamless transfer of cryptocurrencies to Web3 domain addresses for users of the 1inch Network decentralized finance (DeFi) platform.