are you sure this wasn't a rumor? I am not sure about EUR but there was the same exact rumor about USD not so long ago which they had to come out and debunk: https://blockexplorer.com/news/fake-news-binance-says-not-adding-usd-trading-pairs/
I don't know where these silly rumors come from though.
in any case I say it is a bad move to add fiat markets to an altcoin exchange. first of all because people aren't going to use these markets that much as the history of low volume on exchanges that do have these markets and also alt/btc market suggests.
but also it is because adding fiat has a lot of hassle for AML KYC stuff and that may turn a lot of users away from their platform because people want to trade altcoins without needing to submit their identity! specially whales that are earning a lot of money by pump and dumping altcoins.
Topic: Binance will allow CRYPTO/EURO trading from 2018 - page 2. (Read 242 times)
If it will happen another exponential growth will happen in due times Euro is a good currency, no issue if binance will add euro to their trading pair.
That's great news that we can even trade with euros on binnacle crypto exchange. The exciting thing is that the daily volume will be also increased and binnacle has been managing all these volumes daily and they have expertise in managing the show. I would love to see even more features on binance and allow other currencies as well slowly especially the major ones.
I think this change might actually push the price of BNB up especially considering how much more you can trade for with it if euros come into play.
It will definitely push the price of BNB up, which has been steadily increasing over the last few months despite the bear market we are in.
It is also good news for all altcoins, as it means a direct route of purchase without having to go through BTC first. The sooner altcoins decouple from bitcoin, then the sooner the market stops behaving like 1 giant coin.
After being able to serve as a direct fiat via the implementation of the Crypto / EUR trading pairs, it will make it an attractive option for investors. This would be good for future development of Binance.
Well, there's nothing to be hyped or afraid for people in here. I believe that binance is a great cryptocurrency exchange and their decisions are great. There's no question for that.
Binance is raising :After quadrupling its number of users since the beginning of the year, the second largest exchange platform of Cryptos announces the arrival of exchange pairs in euros this year.
Binance has therefore unsheathed a weight argument with the addition of the euro as currency of exchange, from 2018.
Even if the addition of the European currency is going to attract investors who want to use their euros directly, this might scare some others. Binance has therefore unsheathed a weight argument with the addition of the euro as currency of exchange, from 2018.
Also the introduction by binance of trading via fiduciary currencies will subject the company to a series of regulations that could discourage those who, among its current users, prefer to trade anonymously.
More info : https://www.ccn.com/binance-has-quadrupled-its-user-base-since-january-will-launch-eur-pairs/
Not sure if I'm missing something here but why would the addition of Euros scare anyone? It's a choice of the user whether or not they want to trade using euros, so I don't think those who don't want to have any issue with it. I see this change only having a positive impact for Binance, likely raising their daily trading volume from the slouch that has been evident recently.
I think this change might actually push the price of BNB up especially considering how much more you can trade for with it if euros come into play.
Binance is raising :After quadrupling its number of users since the beginning of the year, the second largest exchange platform of Cryptos announces the arrival of exchange pairs in euros this year.
Binance has therefore unsheathed a weight argument with the addition of the euro as currency of exchange, from 2018.
Even if the addition of the European currency is going to attract investors who want to use their euros directly, this might scare some others. Binance has therefore unsheathed a weight argument with the addition of the euro as currency of exchange, from 2018.
Also the introduction by binance of trading via fiduciary currencies will subject the company to a series of regulations that could discourage those who, among its current users, prefer to trade anonymously.
More info : https://www.ccn.com/binance-has-quadrupled-its-user-base-since-january-will-launch-eur-pairs/
Binance is raising :After quadrupling its number of users since the beginning of the year, the second largest exchange platform of Cryptos announces the arrival of exchange pairs in euros this year.
Binance has therefore unsheathed a weight argument with the addition of the euro as currency of exchange, from 2018.
Binance has therefore unsheathed a weight argument with the addition of the euro as currency of exchange, from 2018.
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