Crypto exchange Binance will offer Fiat trading
Through the headquarters in Malta they will offer clients exchange in euros for the first time by the end of 2018
The brokerage house in cryptocurrencies Binance announced that they will offer its customers for the first time euro/Bitcoin trade by the end of 2018 through the office on the island of Malta. With this measure, the second most important crypto exchange would position as a pioneer in the conversion of digital tokens into fiat money.
Spokespersons of the exchange platform indicated that it is currently studying the possibility of adding other fiduciary currencies to the negotiations, but they didn’t add details. Zhao Changpeng, general director of the company, indicated that Binance works to diversify its offer to customers.
Binance has clarified to the media that they are a brokerage firm for the exclusive exchange of cryptocurrencies. The measure for the passage of tokens to euros will be made only and exclusively through the headquarters in Malta.
After the opening of this office last March, they now announce the possibility to their client portfolio to convert tokens to euros or Bitcoins, in the first stage, thanks to a business strategy they studied for months.
The growth of this crypto exchange does not stop. Right now they are in negotiations to open an office in Jersey, on the Channel Islands, where they plan to operate with about a hundred workers. They also have talks with the Taiwan banking sector to open other businesses in the country.
M.Pino
Source: Tecnologia.Press
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