Binance.US Launches Free Web3 Domain Creation for U.S Users

Binance.US is offering users based in the US ability to set up domains that will serve as digital identities across the Web3 ecosystem.

Binance.US Launches Free Web3 Domain Creation for U.S Users
Binance.US Launches Free Web3 Domain Creation for U.S Users

Through a new partnership with Unstoppable Domains, US users will soon be able to establish decentralized domains that will serve as digital identities across the Web3 ecosystem.

The new offering will enable users to mint “.BinanceUS” domains, which will provide users with readily recognizable names for cryptocurrency wallets used to buy, sell, and transfer cryptocurrency in the Binance.US app.

These distinctive domains serve as digital identities across Web3 services, applications, and platforms.

Binance.US and Unstoppable Domains proclaimed the service’s launch on April 26; it will be made available to the public in May.

Binance.US domains are generated on the Polygon blockchain, which enables the generation of decentralized domains free of gas fees and renewal fees.

The partnership will also enable Unstoppable Domains users to withdraw cryptocurrencies to various Unstoppable Domains addresses. Crypto,.nft, and. x domains, using Binance.US.

A declaration from Binance.Vice President of US Business Development Nandini Maheshwari shared that the provision of digital identity ownership is a vital component of the partnership with Unstoppable and Polygon:

“Increasing accessibility to Web3 while maintaining a safe and secure ecosystem for customers is at the core of Binance.US’s mission.”

Unstoppable Domains will be in charge of all Binance.US domains, which can only be created via the Binance.US app.

In the past year, the decentralized domain service provider has partnered with a variety of Web3, blockchain, and cryptocurrency companies. This incorporates a collaboration with Polygon to enable the minting of “.polygon” Web3 domains.

In November, Unstoppable enabled 1inch Network decentralized finance (DeFi) users to send cryptocurrencies to Web3 domain addresses.

In 2022 and 2023, the number of Unstoppable Domains and Ethereum Name Service (ENS) users will continue to increase as demand for Web3 services grows.

In September 2022, the American cryptocurrency exchange Coinbase was selected as its decentralized domain name partner, providing users with free.cb.id usernames.


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