- Binance has revealed that another fiat currency will be getting a listing on the platform.
- The second fiat currency set to get support on Binance has been announced to be the Vietnamese Dong.
- The CEO of Binance, Changpeng Zhao has spoken on the matter.
Binance has revealed that another fiat currency will be getting a listing on the platform. The first currency is supposed to be the Chinese Yuan, which makes for an exciting development. Now though, the second fiat currency that is set to get support on Binance has been announced to be the Vietnamese Dong.
The CEO of Binance, Changpeng Zhao has said:
“Binance is committed to providing our global users with more convenient fiat gateways and easy access to cryptocurrency, and our P2P service aims to lower the barriers to entry to the crypto world. We are pleased to introduce fiat-to-crypto P2P trading services to Vietnamese users to flexibly trade cryptocurrency at low costs.”
This peer to peer service is only going to be available for those in the respective countries when it comes to trading such currencies. The users will also be able to buy cryptocurrency bitcoin and ethereum. Tether and Binance Coin are also said to be available to users in the two nations.
More fiat currencies are on the way though, according to Binance. In the near future, you can be sure to see more and more traditional currency getting a listing in their respective countries.
“We hope to provide multiple fiat-to-crypto access for our users in over 180 countries and eventually achieve our mission of freedom of money. Vietnam has enormous economic growth potential, a vibrant entrepreneurship landscape and wide cryptocurrency acceptance, making it the next global blockchain hub.”
It will be interesting to see how these listings go. For more news on this and other crypto updates, keep it with CryptoDaily!