How exactly are they integrating fiat currencies? I read the article but things are not clear enough from it.
If they are providing service to buy/sell Bitcoins with fiat then it is ground-breaking announcement because no company dared to open bank accounts in that many countries. I don't even know if that it feasible for Binance. It is almost impossible to follow so many regulations to be honest.
Else, if they are providing e-version of fiat currencies for forex trading, then I don't think that is any good because we already have several other digital forex trading platforms.
Topic: Binance Plans To Onboard 180 Fiat Currencies - page 3. (Read 335 times)
Cryptocurrencies are moving at a fast pace, I remember a time when buying Cryptocurrencies with Fiat was a very long process but gradually that changed and now it has reached the stage where you could buy directly from the top Cryptocurrency exchange at the moment, this is a huge development and definitely a step in the right direction for Cryptocurrencies, we might be seeing more and more people picking interest and this is definitely a great development.
Binance plans to add 180 fiat currencies.
“One of the key things I want to do for the next few months – six to nine months or so – is to get those other 180 onboarded onto Binance.com,” CZ said.
https://micky.com.au/binance-to-onboard-180-new-fiat-currencies/
In your opinion, do you think this is a step in the right direction? Would this play a crucial role in the adoption of Cryptocurrencies worldwide? Binance has always been a pace setter, starting from IEOs to margin trading and now fiat currencies, it's likely that we would be entering an era where other exchanges would be scrambling to onboard fiat currencies too and this would definitely make it easier for people to access Cryptocurrencies from their countries.
“One of the key things I want to do for the next few months – six to nine months or so – is to get those other 180 onboarded onto Binance.com,” CZ said.
https://micky.com.au/binance-to-onboard-180-new-fiat-currencies/
In your opinion, do you think this is a step in the right direction? Would this play a crucial role in the adoption of Cryptocurrencies worldwide? Binance has always been a pace setter, starting from IEOs to margin trading and now fiat currencies, it's likely that we would be entering an era where other exchanges would be scrambling to onboard fiat currencies too and this would definitely make it easier for people to access Cryptocurrencies from their countries.
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