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Binance will allow you to buy any cryptocurrency for Fiat

On the exchange of digital assets Binance support will be added for each existing Fiat. Soon the platform will be 180 traditional currencies. About this stated the CEO of the company Chanpen Zhao.

“Today one of the main directions of my work is the extension of the list Fiat money, with which users can purchase Binance cryptocurrency. In 6-9 months, plus or minus, on Binance will support 180 traditional currencies,” said Chanpen Zhao during his speech at the conference in Singapore.

The aim of the team is Binance extension up to the maximum number of crypto-Fiat trading pairs on the platform. According to the head of the company, the acquisition of digital assets for traditional currencies will significantly increase the level of liquidity on the platform.

It is known that adding Fiat specialists Binance plan to enlist the help of relevant organizations. We will remind, recently on the platform introduced support for the ruble, hryvnia, tenge and the Nigerian Naira’s. Purchase cryptocurrencies using the assets was organized on the basis of the technical solutions companies AdvCash and Flutterwave.

Also, buying digital currencies for Fiat on Binance possible through the locks open on the basis of the Simplex, Paxos and TrustToken.

Earlier, the team of platform offered
its users the possibility of crypto-Fiat transactions using the Chinese yuan. It is noteworthy that the initiative of the exchange may also
to be beneficial to brokers.

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