Binance launches new crypto exchange
The crypto exchange launched a new trading platform on the island of Jersey
The new commercial platform called Binance Jersey is aimed at operators in Europe and the United Kingdom. Users will be able to market bitcoin (BTC) and ethereum (ETH) against the pound sterling and the euro.
The most important crypto exchange ecosystem by trade volume launched the new tool at the island of Jersey – an autonomous British dependency – in order to enter the European Union market.
In Jersey there are several companies involved with cryptography. Similarly, it is known as a financial center outside the territory with a rigorous inspection and a prosperous economy based on banking entities.
Binance said that the island will be a force to promote the use of digital currencies in the European market. In addition, it ruled that Binance Jersey is an independent entity from Binance.com, a crypto to crypto exchange but based on the same technology.
Similarly, Binance said in a statement that an expansion in European markets could provide “the freedom from the impending uncertainty caused by the brexit where the pound and the euro are dismayed.”
L.Sáenz
Source: Bitcoin.es
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