One of the world’s leading crypto exchanges, Binance, revealed a new partnership that has further paved the way for the addition of currencies of different countries. The crypto exchange revealed in a blog post that it had partnered with Etana Custody that would allow the exchange to introduce gateway for 15 new fiat currencies. The leading crypto exchange has made several acquisitions over the last few years as it continues its global expansion.
“Binance’s fiat gateways cover over 170 countries and regions in the world.”
The founder and the CEO of the crypto exchange Zangpeng Zhao said that their platform is committed to furthering global crypto adoption by launching multiple fiat-to-digital assets gateways. Binance’s fiat gateways cover over 170 countries and regions globally, and are continuing to add more to make crypto more available across the globe,” he added. The CEO of Etanac Custody, Brandon Russel, suggested that both the companies involved shared similar visions about the future of crypto. Users would be able to avail of this service starting from 7 July 202.
Users will be able to deposit fiat currencies of, United Arab Emirates Dirham, Australia, Canadian Dollar (CAD), Swiss Franc (CHF), Czech Koruna (CZK), Euros (EUR), British Pound (GBP), Hong Kong Dollar (HKD), Danish Krone (DKK), Hungarian Forint (HUF), Mexican Peso (MXN), and four other countries.
Binance continues its global expansion.
Over the last few years, Binance has continued its bid to make its platform globally available. The Malta-based crypto exchange has acquired many local crypto and blockchain startups to enter a new market. Binance acquired Indian crypto exchange WazirX just before the Supreme Court of India declared the central bank’s banking ban on crypto unconstitutional. The crypto exchange led by Zangpeng Zhao has become one of the world’s leading crypto exchanges in a very short time as it continues to expand globally. Earlier, Binance also launched its mining pool.