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Binance cryptocurrency exchange opens a fiat gateway for the euro through the Advcash service. Changpeng ZHAO, CEO of the exchange, said that it is planned to add other fiat currencies.
At the beginning of 2019, Binance did not support fiat currencies, despite the fact that many of them are the largest federal currencies. The addition of the euro points at Binance's intentions to continue its expansion in Europe, as well as in Africa and Asia.
Recently it was reported that Binance began to cooperate with the Ministry of Digital Transformation of the Ukraine. Binance will open a legal entity in the Ukraine through which it will carry out its activities, said the head of the department, Alexander BORNYAKOV. Also, Binance is considering using the national currencies of the Ukraine (Ukrainian hryvnia) and Kazakhstan (Kazakh tenge) to purchase cryptocurrencies directly on the platform. It should be noted that the support of the Russian ruble was also added by the end of October.
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