Binance U.S. Enhances Crypto Accessibility with Base Network Integration for ETH and USDC Transfers
Binance U.S. has taken a significant step forward in improving cryptocurrency accessibility and transaction efficiency by integrating the Base Network. This Ethereum Layer 2 solution now supports deposits and withdrawals for ETH and USDC, offering users lower costs and faster speeds. The exchange has also hinted at expanding support for additional assets in the near future. Base Network, launched in 2023, is designed to simplify crypto adoption for mainstream users by relying on ETH for gas fees, distinguishing it from many other networks. This integration aligns with Binance U.S.’s commitment to providing innovative solutions that enhance user experience in the rapidly evolving digital asset space.
Binance U.S Adds Base Network Support – ETH and USDC Transfers Now Live
Binance U.S has integrated the Base Network, enabling users to deposit and withdraw ETH and USDC through this Ethereum Layer 2 solution. The move aims to streamline transactions with lower costs and faster speeds, with plans to expand support for additional assets soon.
Base, launched in 2023, focuses on improving crypto accessibility for mainstream users. Unlike many networks, it relies on ETH for gas fees rather than a native token, simplifying the onboarding process.
Binance Introduces Fund Accounts for Crypto Asset Managers
Binance is narrowing the divide between traditional finance and digital assets with its new Fund Accounts service. Designed for crypto asset managers, the offering enables pooled investor assets to be managed with institutional-grade infrastructure.
The platform’s Universal NAV Concept provides standardized net asset value tracking per fund unit—a feature lifted directly from conventional asset management playbooks. This creates transparent profit-and-loss visibility that institutional investors demand.