By Davis Byrne (US)
The Malta-based cryptocurrency exchange Binance has added new fiat pairs to its platform.
The world’s leading crypto exchange has announced that it has added XRP, ETH, USDT three fiat pairs with Turkish Lira (TRY). These three fiat pairs are ETH/TRY, XRP/TRY, and USDT/TRY.
#Binance Adds ETH/TRY, XRP/TRY, USDT/TRY and USDT/RUB Trading Pairshttps://t.co/TlhaxBEOWs pic.twitter.com/al8syw2vc7
— Binance (@binance) December 25, 2019
The Turkish Lira was the latest fiat currency that gets the support of the leading crypto exchange Binance in November 2019. However, Customers were only allowed to use Bitcoin in order to buy XRP, BTC, and ETH by using Papara which is the Turkey-based payment company.
For the last few months, the company has been expanding its platform into the fiat-to-crypto trading sector. And this has been an amazing measure by the crypto exchange. The largest crypto exchange has recently added support for another five fiat currencies in which the fiat currency Euro (EUR) is also included.
Also read:CZ Binance says that Binance is progressing slowly but surely and said that many of the people will not get this now that what influence this will have but they will understand it later.
Slowly but surely! #Binance
Many people still don’t understand the impact this will have, but they will. pic.twitter.com/Ci5Geabm6A
— CZ
BNB (@cz_binance) December 21, 2019
The Malta-based exchange Binance has not only added fiat pairs to its trading platform but also the crypto exchange has opened several fiat exchanges in various places such as in Singapore, Uganda and in some other places of the world.
Along with this, Binance will have to get its hands on the US market that started trading in the month of Sep when its leader was Catherine Cooley (the formal Ripple Executive). But it could not get much significance.
However, the Binance exchange is continuously developing its trading platform and is constantly listing new coins and trading pairs. Last Christmas, it added XRP as a base currency.
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