Topic: Binance about to offer Fiat-Crypto Trading. - page 2. (Read 937 times)
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.
It just the way that Binance will take a move towards adoption of another trading pairs just like the other exchange do. As one of the known exchanges in the market, it give more attraction into traders as it is additional pairs for trading.
As we know, only few establishments accepting crypto that is why fiat still in demand in any exchange.
As we know, only few establishments accepting crypto that is why fiat still in demand in any exchange.
This is my first time of hearing about this news. We hope it becomes a reality in the shortest possible time to increase trading activities. I believe things like these makes trading very interesting on an exchange. Binance is such a great exchange with amazing features that makes trading easy and convenient. I believe fiat-crypto trading would be a good addition to any exchange.
And i learnt they've also set up another in Uganda. This really looks good. Crypto companies want to show the world that there's some good in this businesses and we've come to stay. This will also ensure that the adoption we have been yearning for for quite sometime comes to pass. As companies spread out, people find out what they do and join when necessary.
It has been going around for months now and still nothing has been done about direct fiat instead of tokens like usdt. I think binance would profit a lot from this and we need it like yesterday. There are places like coinbase (each country have their own probably) that allows you to send dollar (or your own fiat) to the exchange from your bank account and there are stuff like binance that allows you to trade between hundreds of altcoins.
If binance manages to keep the altcoin trading between hundreds of coins and also adds couple big countries with fiat exchange as well where you can withdraw and deposit dollars from an american bank for example, they would definitely be amazing. I know binance is already big but with such an improvement it would become the clear leader in all levels for a long time.
If binance manages to keep the altcoin trading between hundreds of coins and also adds couple big countries with fiat exchange as well where you can withdraw and deposit dollars from an american bank for example, they would definitely be amazing. I know binance is already big but with such an improvement it would become the clear leader in all levels for a long time.
Amd i learnt they've also set up another in Uganda. This really looks good. Cryoto companies wantbto show the world that there's some goid jn thia business and we've come to stay.
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
https://cointelegraph.com/news/exclusive-world-s-top-crypto-exchange-binance-sets-up-bank-account-in-malta/amp?__twitter_impression=true
It's a good development for finance exchange because it will make trade easier and less complicated. I think more people would be happy knowing that there is direct trades on crypto to Fiat in binance though there are some exchanges that offered these kind of trades offers.
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
I still tip binance to be the main cryptocurrency exchange with its constant innovations in the market. But how does it intend to carry out the fiat withdrawal to bank accounts? Or is this not supposed to be part of such fiat crypto trading platform? https://cointelegraph.com/news/exclusive-world-s-top-crypto-exchange-binance-sets-up-bank-account-in-malta/amp?__twitter_impression=true
I think more and more companies getting in on crypto currency is always goodsl news anywhere in the world. I just hope that crypto currency will not be used for illegal purposes like terrorist funding ot money laundering to start. I think personal verification is important to deter these things from happening.
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
Somebody should do that first and I'm not amazed that the Binance is first to start that exchanging process because we know that Binance is one of the top platform for cryptocurrency exchange in the world that will know right now. https://cointelegraph.com/news/exclusive-world-s-top-crypto-exchange-binance-sets-up-bank-account-in-malta/amp?__twitter_impression=true
It is very interesting to hear and read news like this. The world will one day accept Crypto looking at the way things are going. I am always optimistic that cryptocurrency is the future of the younger generation as blockchain technology is currently on the increase.
I think this is positive news.
Binance offering fiat to crypto trade pair , will spur the trooping in of new investors /traders.
Which will increase mass adoption of cryptocurrency.
Binance offering fiat to crypto trade pair , will spur the trooping in of new investors /traders.
Which will increase mass adoption of cryptocurrency.
But it will have a cost. People will have to verify their Id before to be able to make the deposits/withdraw in fiat. It won't come without a "sacrifice". In the end, it isn't making something different from other exchanges. And sorry but it's not the type of thing that will increase the mass adoption like you say.
I think it would be great should it happen.
It would enable onlookers to own any cryptocurrency of their choice seamlessly .
It would also save time and reduce transaction cost.
It would enable onlookers to own any cryptocurrency of their choice seamlessly .
It would also save time and reduce transaction cost.
I think this is positive news.
Binance offering fiat to crypto trade pair , will spur the trooping in of new investors /traders.
Which will increase mass adoption of cryptocurrency.
Binance offering fiat to crypto trade pair , will spur the trooping in of new investors /traders.
Which will increase mass adoption of cryptocurrency.
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
That’s one of the reason why I like Binance, always different and amazing people. I believe that about 80% to 90% of their customers /Platform users will like this idea of allowing fiat/crypto trading. Although there have been some binary trading platforms that were offering that option, but it’s good to have it from one of our owns. Quite a good idea and I’m in support of it. https://cointelegraph.com/news/exclusive-world-s-top-crypto-exchange-binance-sets-up-bank-account-in-malta/amp?__twitter_impression=true
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
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
Uganda is a very interesting market, with only about 11% of the population having a bank account. It will be a big challenge for us, but also an opportunity to apply for electronic money as a form of currency. This is an interesting test, Africa is a big market.
it's true they are good market for e-money, but I don't think so for crypto currency?they would probably be more interested in e-money in the form of their own national currency
how would you target unbanked people to get into "Fiat-Crypto Trading"?
to be able to do that, they need to have (access to) bank account to begin with
they are unbanked for some reasons and trading is not a good reason to get them banked
Uganda is a very interesting market, with only about 11% of the population having a bank account. It will be a big challenge for us, but also an opportunity to apply for electronic money as a form of currency. This is an interesting test, Africa is a big market.
it's true they are good market for e-money, but I don't think so for crypto currency?they would probably be more interested in e-money in the form of their own national currency
how would you target unbanked people to get into "Fiat-Crypto Trading"?
to be able to do that, they need to have (access to) bank account to begin with
they are unbanked for some reasons and trading is not a good reason to get them banked
Binance offering fiat trading with cryptocurrency will likely increase the inflow of cash into digital market and I hope this indeed influence the market positively. This option make it easier for investors to trade their fiat with any of the major coins. Also, binance giving this option by following bittrex in offering Fiat-crypto trading is definitely a big plus to them in their strive to be the best cryptocurrency exchange.
Still waiting for it. I guess this will surely put a positive impression on the trading methods because it is as close to as trading with the forex. The only diference here would be having crypto assets for the trade purpose. No more brokerages, no more heavy transaction and trading fees. So I guess it is best step that Binance has taken. CEO of the Binanace knows everything very well, how to play this market, what people needs and what is ever changing here. If he runs with the time then only Binance and the crypto currencies will survive and he knows this better than anyone. Best decision of adding this features.
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