Binance has announced they will start Euro trading pairs this year in 2018.
The news was announced by CEO CZ to Bloomberg.
The Crytpo-Fiat trading pair would start at their Malta HQ. CZ also stated that they plan to add other fiat trading pairs to the platform over time. many exchanges only allow crytpo-crypto exchanges due to fewer restrictions, and Fiat-Crytpo exchange would be the first for Binance- the world’s largest volume exchange. This will likely propel them to the top of the ladder in the platform exchange market.
Binance recently moved to Malta after regulations tighten in Japan. Binance will receive an exchange license in the Channel islands from Jersey and will launch their building there with just around 100 employees.
Binance cashed in about $150M profit in Q1 with trading volumes averaging $1.4B and has just about 10M active users on its cryptocurrency platform.
Analytical. Paranoid. OCD. Interested in the world of crypto and how it affects our current world and future. New to investing, not so new to know how crypto works and influence the world of fiat currency. Blockchain is my second wife.
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