Binance about to offer Fiat-Crypto Trading.

JohnBitCo

sr. member

Activity: 2030

Merit: 356

Quote from: blackbold on October 23, 2018, 03:02:34 AM

I think that is a good policy because it will increase the volume of trading further on binance and will make crypto increasingly known and more popular

Binance is already the leader in crypto trading and with these new offering it will just increase its consumer base and it will become more strengthened. I think Binance will be a among the leader among the most revenue generation companies very soon.

AlehandroTheGreat

sr. member

Activity: 798

Merit: 251

Binance is fine, huge trusted exchange with a lot of potential and power Undecided

Do no think they are scammy, all is wonderful using them for ages Kiss

jonhsongotti

jr. member

Activity: 252

Merit: 1

This is great. The competition is the driving force for development. This will really impact the cryptocurrency market.Binance is always doing the best things to maintain the top position. I like it.

Gagah119

jr. member

Activity: 295

Merit: 1

Quote from: maculeth on October 23, 2018, 03:06:46 AM

wow, this is a very extraordinary step. this will make it easier for us to deposit from fiat to crypto or vice versa. this is a good step to make people more interested in crypto.

yes, binary has been great with this will become bigger and will be known to many traders, strategies and great steps from binance, hopefully it will make it easier for beginner traders who want to know crypto.

Nanagyasi

member

Activity: 336

Merit: 10

This is good and will eliminate the numerous incidences of fraud novice traders face just to get some coins. It will make trading more convenient.

2girls

sr. member

Activity: 1002

Merit: 254

Tontogether | Save Smart & Win Big

Quote from: darewaller on August 03, 2018, 06:27:56 AM

Quote from: andika2018 on August 01, 2018, 05:31:43 AM

Quote from: Anthony1985 on June 06, 2018, 04:05:46 PM

This would really be great if it happens, don't you think?

https://cointelegraph.com/news/exclusive-world-s-top-crypto-exchange-binance-sets-up-bank-account-in-malta/amp?__twitter_impression=true

Most big exchanger right now start to launch accepting fiat. When G20 country member regulate cryptocurrency, I am believe most exchanger will accepting fiat to trade crypto in their platform.
If Fiat accepted in any big exchanger, its good progress for cryptocurrency market and will increasing transaction volume in market. Hopely attracting new investor in market

Yes man you’re right. Other platforms are going to follow up immediately, because any platform that doesn’t follow up immediately is definitely going to be among the losers in the game. Lots of customers/ their platform users will be looking for a way to switch to the big platforms that are offering the fiat–crypto trading. And this is the best move that Binance is taking right now.

This will be another big step in the crypto world. Binance being the leader in crypto exchange and to offer this will bring more capital and volume and it will be good for overall traders and crypto world.

bitcoinrays

full member

Activity: 438

Merit: 104

Quote from: Anthony1985 on June 06, 2018, 04:05:46 PM

This would really be great if it happens, don't you think?

https://cointelegraph.com/news/exclusive-world-s-top-crypto-exchange-binance-sets-up-bank-account-in-malta/amp?__twitter_impression=true

This is something they should have done a long time ago, but I’m happy they have decided to do it. There are many other exchanges that are already accepting trading fiat on their platform and one of the reasons why some people don’t like Binance is because they don’t trade fiat. This time around I believe that a lot of people would be happy about that and even get in back to Binance for trading.

darewaller

hero member

Activity: 2926

Merit: 640

Quote from: Ezenwanyi on October 23, 2018, 01:21:08 PM

If this is true , I believe the development would go a long way in increasing the adoption rate of cryptocurrency.
Considering the fact that it will open room for more potential investors to jump in .

If we really want to be looking at it based on adoption rate, this is not something that is new per se as there have been a lot of exchanges doing this over the years. However, judging from the fact that Binance is a very big and high volume exchange, this would really give a chance to get the market exposed to the real world entirely and give chance to more investors to easily pop into the space.

Nonetheless, this is something that would require a strict regulation though one way or the other, considering the fact that fiat is involved, but it is really a very good one.

fasdorcas

hero member

Activity: 798

Merit: 527

Quote from: michellee on October 24, 2018, 12:06:20 AM

I think it will be good for because we have more option to make a profit and with fiat-crypto trading, we can try to get more money. I think I will try it later if I can see that the fiat-crypto trading can give me more chance to make more profit. But I don't want to try before I can research how to get the good price in that pair.

Even for the fact that Binance is one of the top exchanges we have so far, and for the fact that they have the highest volume; it is more or less a chance to be tending towards mainstream adoption when we get to see this become a reality.

I believe it will have some pretty good impact on the cryptocurrency space, give in room for more adoption, make it easy for those who want to get in to do so, and even when it comes to hedging one's fund as a result of the fluctuations in fiat, at least, this would make it easy as well. Binance is really going to be hitting it even bigger on this one.

michellee

hero member

Activity: 2604

Merit: 816

🐺Spinarium.com🐺 - iGaming casino

I think it will be good for because we have more option to make a profit and with fiat-crypto trading, we can try to get more money. I think I will try it later if I can see that the fiat-crypto trading can give me more chance to make more profit. But I don't want to try before I can research how to get the good price in that pair.

Ezenwanyi

copper member

Activity: 336

Merit: 1

If this is true , I believe the development would go a long way in increasing the adoption rate of cryptocurrency.
Considering the fact that it will open room for more potential investors to jump in .

escalante28

member

Activity: 742

Merit: 42

That is great anyway. I think it's really a good move to lure an investor. And I also read an article that Singapore will support and invest in binance this December and maybe Singapore dollars will be use as a pair in binance fiat market also.

Nellayar

full member

Activity: 868

Merit: 185

Roobet supporter and player!

Quote from: nabinkhadka on June 06, 2018, 04:38:47 PM

I think this will happen eventually, bittrex has recently introduced this system which is a very good sign that crypto will be adopted. so this is very good news that is likely to happen. and yes a backbone for another big bull,

I don't see any negative side about this news because for me whether it is fiat or digital currency, they are usable nowadays. In fact, we can't start in trading coins if we will not burn our fiat and turn it into digital currency.

Yes, it will happen eventually because top exchange will do it, other exchanges like bittrex will follow up.

millensharon8

member

Activity: 378

Merit: 13

Quote from: squog on October 22, 2018, 08:42:25 PM

In a way, it will happen eventually although i don't think it would be healthy for Fiat at all considering that not all the countries have taxation laws regarding crypto currency yet. Then again, i have little love for Fiat so that is another plus. I do hope this will happen sooner rather than later though.

I really do not see this having any serious effect on fiat, as it will just end up benefiting the crypto space as well as investor who would like to at least be able to have access to fiat to crypto trading, and it is a welcome development in the space considering that in the long run, with regulations, it will make it easy for smart moneys to want to be a part of the space. Binance is a pretty big exchange at the moment, and having something like this is a very good one for the crypto space entirely as well as its development.

sinkfish

jr. member

Activity: 252

Merit: 1

Quote from: Anthony1985 on June 06, 2018, 04:05:46 PM

This would really be great if it happens, don't you think?

https://cointelegraph.com/news/exclusive-world-s-top-crypto-exchange-binance-sets-up-bank-account-in-malta/amp?__twitter_impression=true

this is great.

maculeth

member

Activity: 714

Merit: 11

BountyMarketCap

wow, this is a very extraordinary step. this will make it easier for us to deposit from fiat to crypto or vice versa. this is a good step to make people more interested in crypto.

blackbold

full member

Activity: 384

Merit: 100

I think that is a good policy because it will increase the volume of trading further on binance and will make crypto increasingly known and more popular

Idrisu

sr. member

Activity: 924

Merit: 260

Nice to hear this and this is another developments that is going to see bitcoin moving up. Fiat and cryptocurrencies has to come together to resolve most of the issues we have been having in the world financially. Binance as one of the leading exchange platforms providing this should be of a great help for adoption.

altercreed

full member

Activity: 434

Merit: 101

Putting that into reality will another firepower to binance and no wonder why this cryptoexchange is one of the best. I think this will be the first of its kind too considering that cryptoexchange are already focused on digital currencies.

celot

sr. member

Activity: 1492

Merit: 269

Binenace is one of greatest market and always make all of altcoin have listed at this exchange will have higher price, I like binance and have try trade there with getting higher price and easy transaction for we are using.

Topic: Binance about to offer Fiat-Crypto Trading. (Read 930 times)