Topic: Binance about to offer Fiat-Crypto Trading. - page 5. (Read 937 times)
If it will happen then that would be a good news to traders as they can encash their altcoins to fiat without exchanging it to the top coins as the fees will lessen. The only downside is that the value of trading coins like DOGE and the main coins like BTC and ETH will go down.
Before the launch of Goldman Sach and Major WallStreet investor crypto exchangers, Binance is trying to become world number one cryptocurrency exchange specialising in all fields
Binance Euro and Fiat move is high anticipation in crypto world
Binance Euro and Fiat move is high anticipation in crypto world
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
i like it! i used binance until today and if they will add fiat in their platform that would be amazing... i hope they will add it the soonest because i can still buy many coin at the low price.. i can put my money to the exchanges and trade it with coin...when the price is high i can convert it to fiat again and hold it until it goes down and i can buy again coin with the low price.
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
With this news, my opinion is we getting closer/or already in the final phase of correction.https://cointelegraph.com/news/exclusive-world-s-top-crypto-exchange-binance-sets-up-bank-account-in-malta/amp?__twitter_impression=true
You know what that mean ? We gonna back to bull market again
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.
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
That would be amazing, because we are still very limited on crypto/fiat pairs. The majority of exchanges that offer that option, and you can count them by the fingers, usually don't offer to many coins for trade. I really miss that on coinbase for example, and I normally use other exchanges, like bittrex or binance, because they coinbase only allows me to trade 3 alts. If binance started offering fiat as well, it would probably put a lot of pressure on the other exchanges. I would probably stop using coinbase for example, and stick to binance, since they would have all that I need for trading (although you can still trade with no fees on gdax, and that is of course a plus for them).
Binance is innovative and this step in the right direction will change the way altcoin prices fall when the giants I mean btc and ETH begin to fall in the market. The trading against dollar or fiat money will help the various coins to have their own value regardless of the prices of btc and ETH.
Really looking forward to being able to trade some alt coins to fiat.
It's much, much more convenient to be able to trade alt coins for cash then trading Alt coin -> BTC -> Cash.
Binance is giving a lot of early ICO participants the opportunity to cash out some of our gains without having to convert to BTC, so I'm thrilled about the new pairing.
It's much, much more convenient to be able to trade alt coins for cash then trading Alt coin -> BTC -> Cash.
Binance is giving a lot of early ICO participants the opportunity to cash out some of our gains without having to convert to BTC, so I'm thrilled about the new pairing.
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
Yes, that's great. It affirms the great potential and increasingly perfect of binance. If this happens, will they reform and classify the authenticate members at level 3? Because I'm just level 2. https://cointelegraph.com/news/exclusive-world-s-top-crypto-exchange-binance-sets-up-bank-account-in-malta/amp?__twitter_impression=true
If it forces users for identity verification like poloniex and bittrex, it won't be good and it will lose a lot of users but they will probably require kyc for only those who want to make usd withdrawal.
That is definite, so at the end the choice is going to be yours. However, I am not sure USDT will be permanently flushed out as it would still be in existence and the choice will be left for you to make. However, the availability of fiat trading will really help when it comes to the fear of leveraging in USDT or the likes, and due to all the news that has been up for a while now with respect to that, I guess at least it would make matters a bit better for the space.
If it forces users for identity verification like poloniex and bittrex, it won't be good and it will lose a lot of users but they will probably require kyc for only those who want to make usd withdrawal.
That is definite, so at the end the choice is going to be yours. However, I am not sure USDT will be permanently flushed out as it would still be in existence and the choice will be left for you to make. However, the availability of fiat trading will really help when it comes to the fear of leveraging in USDT or the likes, and due to all the news that has been up for a while now with respect to that, I guess at least it would make matters a bit better for the space.
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
I believe so too because there are a lot of people who hate all that hassle into buying bitcoins from various sources that makes it take longer than what they want. Now, with this feature of binance, investors will have the opportunity to buy cryptos as easy as buying things online. I think this will boost the traffic in binance great move by the binance team.
If they get it right they could be bigger than any bank in the world in the years to come.
It's likely.I think it's good news but also bad news. what do you think ?
How it can be a bad news? this gives more options to the people that doesn't have any crypto to hold but wanted to trade crypto-fiat-crypto directly. 
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 am really waiting for that to happen on binance then I will do my trade even in bitcoin and fiat on binance. If it will happen then most of my trade will be only on binance and I will not go for other exchange for bitcoin to fiat trade. It will also give us a way to deposit and withdraw our fiat, if not now then maybe in the future. We will be secured on a more reliable exchange. https://cointelegraph.com/news/exclusive-world-s-top-crypto-exchange-binance-sets-up-bank-account-in-malta/amp?__twitter_impression=true
I am pretty sure that I have seen this exact headline, or ones similar to it for more than a year, and for various large exchanges also. The fact is that these exchanges don't want to get into the fiat business because there are much more stringent regulations involved, and for an exchange that can find itself on either side of regulatory certainty at any time this isn't a risk it is likely willing to take any time soon.
If you want to get to the next level it's what you have to do. And I don't think anyone's more ambitious than Binance. If they get it right they could be bigger than any bank in the world in the years to come.
I am pretty sure that I have seen this exact headline, or ones similar to it for more than a year, and for various large exchanges also. The fact is that these exchanges don't want to get into the fiat business because there are much more stringent regulations involved, and for an exchange that can find itself on either side of regulatory certainty at any time this isn't a risk it is likely willing to take any time soon.
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 think Yes it will be great because people wants too that they have many choices and the binance step to do that is great decision for people using crypto. https://cointelegraph.com/news/exclusive-world-s-top-crypto-exchange-binance-sets-up-bank-account-in-malta/amp?__twitter_impression=true
If this becomes huge then I can well see banks from elsewhere putting heavy pressure on Maltese banking to throw it in until there's nowhere for Binance to go. Nothing operates in a vacuum and even more so with banking.
Malta has no weight in legal or financial terms compared to almost anywhere else in the developed world. I hope Binance have factored this in.
Malta has no weight in legal or financial terms compared to almost anywhere else in the developed world. I hope Binance have factored this in.
Binance is always proving to be the best exchange so far so good. This will be very good for the industry as this will enable us to see the actual value of each coin at every point in time. We have traded all altcoins against ETH and BTC and their decrease or increase in price always affect the entire market.
Then it is still be good cryptocurrency is not for competence againts fiat money and this is very much better, it makes a lot easy for token holders if they want to trade their coins or tokens and then exchange it to money in this trading sites ,we can consider it as improvement in cryptocurrency.
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