Binance to launch fiat-crypto exchange service for Singapore

The exchange will have this new project ready by April this year, according to the CEO of the Changpeng Zhao company

The Binance exchange announced the launch of a fiat money exchange service to cryptocurrencies for Singapore at the end of April.

This was stated by the CEO of one of the most important exchange in the world, Changpeng Zhao, in an interview during the Deconomy event in Seoul, South Korea.

“Binance Singapore will be online in April. It will be our next exchange from fiat to cryptocurrencies, “Zhao said.

At the moment there are no more details of this project on aspects such as the offer of cryptocurrencies of this service, among other things.

Zhao mentioned that Binance plans to launch fiat money exchanges to cryptocurrencies on almost every continent. His statement was issued at the CoinDesk’s Consensus event held in Singapore.

Binance has set the Asian continent as one of its objectives to position itself, mainly in the Southeast region due to the growth rate it has with respect to the rest of the world.

K. Tovar

Source: Cointelegraph

You might also like