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Binance Adds 15 Fiat Currencies As Exchange Pushes Global Expansion

Ramsey Baker

Summary: Binance, the Malta-based cryptocurrency exchange, has added for 15 more fiat currencies in an attempt to corner local markets, according to an announcement from Binance on Friday. Users will be able to purchase cryptocurrencies from a greater selection of supported fiat currencies because of Binance’s integration with Israeli fiat payments processor Simplex. The new currencies ...

Binance, the Malta-based cryptocurrency exchange, has added for 15 more fiat currencies in an attempt to corner local markets, according to an announcement from Binance on Friday.

Users will be able to purchase cryptocurrencies from a greater selection of supported fiat currencies because of Binance’s integration with Israeli fiat payments processor Simplex. The new currencies include the Swiss franc, Korean won and Australian dollar, as well as the Polish zloty and South African rand. Currencies that have already been made available through Binance's fiat-to-crypto trading facility, such as pound sterling and Russian ruble, are also now supported through Simplex.

By Ramsey Baker

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