3.2 C
Amsterdam
26 January 2022
PumpMoonshot
Image default
Exchange & Wallet

Binance now supports the euro with six new trading pairs

Cryptocurrency exchange Binance announced on 3 January that the euro can now be traded directly on the large crypto trading exchange.
Binance adds six new trading pairs with the euro to the platform, which are: Bitcoin (BTC / EUR), Ether (ETH / EUR), Binance Coin (BNB / EUR), Ripple (XRP / EUR), Tether (EUR / USDT ) and Binance’s dollar-linked stablecoin (EUR / BUSD).

#Binance Adds BTC / EUR, ETH / EUR, BNB / EUR, XRP / EUR, EUR / BUSD and EUR / USDT Trading Pairshttps: //t.co/ZZE2YnQzDs pic.twitter.com/MKMuATJCtE
– Binance (@binance) January 3, 2020

Last November, Changpeng Zhao (CZ) already announced that Binance is planning to add no less than 180 fiat currencies to the exchange. The CEO repeats this again in a blog post published on January 2:

This is a major shift from being just a crypto-to-crypto-exchange. Binance is now also a fiat-to-crypto exchange. One of our most important goals for 2020 is to bring crypto to the masses. For this we want to enable fiat-to-crypto trading for 180+ fiat currencies.

Furthermore, CZ reports that Binance will decentralize further in the coming year and that it expects 2020 to become “a year of adoption”.
Gin Chao, CSO of Binance, also reported last month that the focus is on “building fiat-to-crypto bridges.” Support for the Russian ruble (RUB) was announced last month with four new trading pairs.

Related posts

Bitcoin exchange Binance plans to launch its own mining pool

PumpMoonshot

Hacked exchange Cryptopia reopens on Monday

PumpMoonshot

After Binance and Shapeshift, Kraken also removes BSV

PumpMoonshot

Leave a Comment