Binance is Planning to Add Fiat-to-Crypto Options in Asia and Uganda Soon This Year
The platform is set to launch this year. Due to its decentralized nature, the team at Binance will have far less control over the coins on the upcoming platform.
The leading cryptocurrency exchange Binance has recently made waves by announcing its plans to open a fiat-to-crypto exchange in Malta that will allow traders to turn their euros into crypto.
“We are setting up a fiat-to-crypto exchange in Malta and also in Uganda and, hopefully, in Asia as well,” Zhao told Cointelegraph. “We are setting up fiat exchanges. That is in progress now. I don’t know exactly when they’ll be up and running, but hopefully, this year.
Now, CEO Changpeng Zhao has revealed further plans to expand by creating cash-to-crypto exchanges in Asia and Uganda soon.
As for Bitcoin, CEO of Binance thinks the market leader will increase a few hundred percent each year, for years to come.
The platform is set to launch this year. Due to its decentralized nature, the team at Binance will have far less control over the coins on the upcoming platform.
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Good news
Yes, its great news for us.
That's a great news if this happens Binance became very famous. And it is makes process easier for the traders
Yes for sure, that's why people love Binance alot.
this is a great news. This would help traders like us. such easy trading. keep going Binance.
Yup, Binance will be huge one day.
Wow that's very good news. This will help asian countries in a very good way.
Yes, its a good news
binanceis going to grow bigger
It will be huge one day.
Good news for binancians....hopefully with this step, there wont arise any need of Zebpay or any Indian exchange for India too in the future...keeping fingers crossed.
Yes, am happy for that.