Binance Added 15 New Traditional Currencies

Binance Added 15 New Traditional Currencies

By DHEagle | CryptoTent | 8 Jul 2020


Binance has added support for 15 new traditional currencies as part of its new partnership. Binance, one of the largest cryptocurrency exchanges in the world, announced that it has added support for 15 more traditional currencies.

15 New Currencies

According to the announcement of 7 July, Binance; New to United Arab Emirates dirham, Australian dollar, Canadian dollar, Swiss franc, Czech grove, euro, British pound, Hong Kong dollar, Danish krone, Hungarian forint, Mexican peso, Norwegian krone, New Zealand dollar, Polish zloty and Swedish krona added traditional currencies.

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In addition to these, Binance added support for these currencies as a result of its partnership with traditional currency custody firm Etana Custody. Binance CFO Wei Zhou said in a statement on the subject that his users can transfer money via SWIFT. “After linking Binance accounts to Etana accounts, Binance users can transfer money directly from their bank accounts to Etana and then Etana Binance accounts related to their traditional money balance instantly and free of charge. They can use it by initiating a traditional deposit request in Binance. ” made the explanation.

Binance's Traditional Money Steps

Regarding their partnership with Binance CEO and co-founder Changpeng Zhao Etana, he expressed that this partnership would make cryptocurrencies more accessible and made the following statement:

Integration helps make access to digital assets more effortless for people in the European, Asian, North American and Oceanian markets.

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In addition, Binance CEO stated in the statements he made at the beginning of last month that crypto exchanges needed a global mindset and was described as proof that this exchange would follow an expanding policy.

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