Binance Adds Support for Euro

News
Thu, 11/07/2019 - 16:11
Alex Dovbnya
Binance quietly adds Euro as it continues to expand the list of available fiat currencies
Cover image via www.123rf.com

Binance, the number one exchange by trading volumes, has quietly announced support for the Euro. According to Changeng Zhao (CZ), Binance now has three available fiat currencies - Euro (EUR), Russsian ruble (RUB), and Ukrainian hryvnia (UAH).       

This happened just two days after Binance enabled deposits and withdrawals for the Ruble via a partnership with payment platform Advcash. It also marks a major milestone for the Malta-based exchange since it also launched it first fiat-to-crypto trading pairs. 

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The exchange has also opened a fiat gateway for the Ukrainian hryvnia just three hours before CZ took to Twitter to inform his followers about yet another fiat addition.  

Binance will also closely cooperate with Ukraine on designing the country's regulatory framework for digital assets. CZ is slated to meet with the country's government officials during his upcoming visit to Kiev.

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.


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