The feature has been available to Binance clients outside the U.S. since it was first launched in February, 2021. At the time, Binance founder and CEO Changpeng “CZ” Zhao said payments is one of the "most obvious use cases for crypto."

Binance Pay allows users to send, request and receive almost 150 different cryptocurrencies from other users, enabling instant, zero-cost crypto transfers.

The exchange recently eliminated trading fees for both bitcoin (BTC) and ethereum (ETH) in an effort to attract more users during a time when crypto trading volume is low.

Binance users will be able to use the feature immediately, and the exchange is also working on a web version.