Business News Report

The partnership between Binance US and Unstoppable Domains aims to empower users to generate distinctive web3 domain names.

In Brief

Binance has teamed up with Unstoppable Domains to introduce a facility that allows users in the U.S. to create unique web3 domain names. 

Customers of Binance based in the U.S. have the capability to transfer and withdraw cryptocurrencies to any Unstoppable domain address, as well as interact with any platform that accommodates Unstoppable.

Now, users can mint exclusive two-letter and two-digit domains ending in “.BinanceUS.”

Binance's U.S. division has unveiled a new web3 domain creation tool targeting American users, allowing them to generate unique web3 domain names.

This feature is brought to life by Unstoppable Domains, a provider specializing in web3 domain names. These domains streamline cryptocurrency transactions and facilitate the creation of decentralized websites. Moreover, having a unique domain allows users to cultivate their digital personas and explore metaverses and gaming environments. Notably, there are over 3.4 million web3 domains currently minted by Unstoppable Domains.

The two companies are launching cryptocurrency domains ending in “.BinanceUS” on the Polygon Network, which enables Binance users to utilize easily recognizable usernames for their exchange addresses. From today, Binance users in the U.S. can send and withdraw cryptocurrencies to any Unstoppable domain address, which includes addresses like “.crypto,” “.nft,” or “.x.” This option will be readily available during the withdrawal process, allowing “.BinanceUS” domain holders to send crypto to any platform that supports Unstoppable.

Thanks to the absence of gas and renewal fees on Polygon, individuals who secure their own domain names can maintain them indefinitely without incurring further expenses.

To kick off this exciting initiative, the partnership is offering premium two-letter and two-digit “.BinanceUS” domains, which are exclusively accessible through the mobile application of the exchange.

“At Binance.US, our mission revolves around expanding the accessibility of Web3 while ensuring a secure and reliable environment for our clients. We're excited to collaborate with Unstoppable and Polygon to streamline the cryptocurrency experience for our users and empower them to seize control of their digital identities,” remarked Nandini Maheshwari, Vice President of Business Development at Binance.US.

Recently, Unstoppable Domains has made headlines with several strategic partnerships. Earlier this year in January, the company joined forces with Ready Player Me to facilitate user access to decentralized applications and metaverses under a unified digital identity.

In February, they collaborated with another entity to incorporate new web3 domain endings into the browser. In celebration of the launch, the platforms also provided free “.nft” domains to Opera users. partnered Unstoppable Domains Collaborates with Opera to Incorporate New Web3 Domain Extensions into Their Browser

Unstoppable Domains has announced a new partnership that will allow 82 million users to gain access to .blockchain NFT domain names. Opera Browser Unstoppable Domains Introduces a New Private Vault for Domain Holders

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Disclaimer

In line with the Trust Project guidelines Residing in northern Italy, Valeria frequently works remotely from various cities across Europe.

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