Binance adds support for euro and hryvnia

Posted 08 November, 2019

Binance cryptocurrency has platform announced the addition of fiat euro support. So far, the coin is being traded-in only two pairs - with bitcoin and ether. In the future, their list is planned to be expanded based on the liquidity of operations with fiat. 

"I see EUR enabled on [email protected]" - tweetedBinance CEO Changpeng Zhao.

Advanced Cash will be responsible for processing during transactions with the euro. Using it, users will also be able to withdraw digital assets into fiat or convert them into any available currency. 

The site recently also began to support the Russsian ruble (RUB), the Ukrainian hryvnia (UAH), and the Kazakhstan tenge (KZT). The exchange also signed an agreement with the Ministry of Digital Transformation of Ukraine regarding cooperation and the opening of a local branch in the future. This can only be done after the adoption of relevant laws.

Binance will also closely cooperate with Ukraine on designing the country's regulatory framework for digital assets. Changeng Zhao (CZ) is slated to meet with the country's government officials during his upcoming visit to Kyiv.

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