Bitcoin Forum

This would really be great if it happens, don't you think?

https://cointelegraph.com/news/exclusive-world-s-top-crypto-exchange-binance-sets-up-bank-account-in-malta/amp?__twitter_impression=true

I think this will happen eventually, bittrex has recently introduced this system which is a very good sign that crypto will be adopted. so this is very good news that is likely to happen. and yes a backbone for another big bull,

If it forces users for identity verification like poloniex and bittrex, it won't be good and it will lose a lot of users but they will probably require kyc for only those who want to make usd withdrawal.

I think it's rather good as it will advance the mass adoption of crypto. Wonder if they'll manage with a new surge of traffick. Recently, they had to close registration so people were even trading their accounts.

Sounds really good to me unless they ask (like most fiat-cryptocurrency exchanges do) for identity verification and stuff liek that,it would be really unfortunate especially that Binance is a very good exchange in my eyes compared to others.Or it would be great to make it just an option to trade fiat-crypto and only those who want this option get their identity verified and others don't get affected.

I recently joined binance for my trading and I am very happy with that exchange but the problem was that there was not crypto fiat trading pair and for that I relied on other exchanges. When bittrex added the pair then I thought that there will be the expectation that binance will also add the pair and they are going to do.

This is great. We need more and more options like this to facilitate and increase the liquidity of assets. It may increase the concentration and power of Binance, since many other exchanges only serve to exchange fiat-BTC. But this step is necessary because someone with the resources of Binance can negotiate more easily with banks. And maybe even seek the same path as the coinbase.

All exchanges are taking the same root right now , Bittrex already did it , Got an email from Poloniex that I have to upload my documents and we all knows what that means , Binance doing it is huge since it is #1 exchange right now . Maybe this will help HYPE crypto currency more since it will be more easy for normal people to convert there crypto in real cash now .

Right now binance is being the firts rank in the transaction movement that compare to anotjher exchanges. With the existece of it new program of course will add more volume. plans to create a $1 bln cryptocurrency-based fund, an executive confirmed June 1

I knew it that this will come to give convenience to others that wants to get into the market that are totally skeptic. Having tied up with a bank on Malta will give assurance to those people that are still thinking not so good idea about crypto trading.

CZ is totally intelligent if it comes to his business.

He goes to a country that tax not crypto profits and set ups his bank for that business. Another great solution for those customers that are seeking for this type of trade.

This system is going to be great, because listing tokens in binance too expensive for ICO to afford. So offering Fiat to crypto exchange will benefit the public and would be good for the cryptocurrencies.

People expect altcoins to pump when more crypto/fiat pairs are added, but most people are going to get disappointed.
There are already some good fiat pairs like Eth-USD, LTC-USD and XRP-USD. These are good coins.

However, Shitcoins are shitcoins and no matter how many fiat pairs they have they will not have their price increased.

xrp is a shitcoin as well ;)

Apparently, Binance will follow Bittrex's move.
If Binance succeed to do that, I think another big exchange will follow the same move.

I think it's going to be a massive boost for the cryptos in general.

Opening a Bank account in Malta will allow a lot of Europeans to easily deposit and buy cryptos

Binance already reported that they are moving to Malta, so they are slowly establishing themselves and maybe this is one move that they wanted to do for a long time, however, as tougher regulations is being put up, government put pressure on them that's why they made the bold move to go out to Malta, as its a safe haven for crypto enthusiast. So I'm not surprised at all, although I have my qualms about fiat-to-crypto deposits and withdrawals, might include KYC though and other pertinent information that others might not be comfortable with.

As long as it can increase adoption, it's a good news if true.

It would greatly feed Binance due to the fees it offers for withdrawal, and it is also good to have trusted exchange to withdraw.

i like this news and think she is very good. for binance it is certainly also very good as it will certainly bring them new customers.

Bittrex announcing FIAT pairing, now Binance announces fiat pairs...even though the market has been in a downtrend for quite some time now, it's pretty nice to see that we keep getting nothing but good news for the cryptosphere.

I doubt Binance is going to have fiat pairs with shitcoins, they'll probably start with the major pairs.

They'll definitely going to enforce KYC procedures, they're dealing with fiat now.

 I think the more competition is going on the better and more comfortable service would they provide For us to use their platform

It will be a good news for the traders because it can out out some fee which was wasted while transferring from one to another coin while finding the right pairs but I am scared that if all the crypto exchanges fiat to crypto trading then it may decrease the dominance of bitcoin.

Yes off course it would be very much great thing. I mean binance is planning on to form accounts in the Malta to support this new development. Just to make things easier for themselves in the fiat to crypto order taking they have taken this major step. If everything goes smoothly then we might just see more volume driving towards the crypto currencies as those people will also get involved who like it the direct purchases. So yeah it’s nice to hear and the hype about this news is already going on.

I do not trust binance this time, i have colleagues who actually invest cryptocurrency on binance and there is one issue occur which they lost a huge amount of their coins due to the system fails when the price of cryptocurrency has drastically changed.

Yes it would be great cause many fiat will turn to be crypto and i do think binance will become bigger when they accept fiat and this will make binance trade volume  increasing and i believe binance will become number 1 trading site again. Lets see if this thing will boost binance coin price in the market.

Yes, it really will have a positive impact on the crypto currency market, too. If Binance starts trading in fiat currency, this will contribute to the inflow of cash into the crypto currency.

I do not see anything unfortunate and I do not know why a lot of people see that as an issue. KYC is something that comes with regulation and development, and with the way things are going, I expected by now that a lot of people should have started getting used to that idea rather than trying to dash it away or something.

This is a great option for the space and I believe it would keep ushering in growth as we see more developments like this. Binance is really doing great to remain on that top spot.

Obviously, as this is going to gradually become a norm and at least it will give institutional investors more guarantee on a better leverage against cryptocurrency. News like these shows there is development going on in the cryptocurrency space and there is serious interest that it would generate from the institutional investors.

I am not surprised though, as regulation is actually bringing about a more matured space gradually and we just have to see in the next few years where we would exactly be.

I think it's the only one of the tier 1 exchanges that doesn't offer this trading.
It will be a great improvement for the exchange and for their users.
Probably this is why they opened an EU office some weeks ago.

Binance trading fiat will cause the inflow of cash into cryptocurrencies market and we are hope that this is going to influence other coins pricing.  I think binance is one of the most popular cryptocurrencies market currently and I pray other trading platform will follow this decision binance has made.

Yes, everybody is waiting for it! Traders don't rely on USDT and don't trust it. When you have opportunity to work directly with fiat - it is much more convinient and useful!

Yeah, it is really going to be great. It seems the crypto world is gradually entering a moment of no return already with all the exchanges with regulation hitting the point where fiat trading against cryptocurrency is gradually becoming a thing.

Bittrex had theirs announced recently even though it is still limited to corporate traders which eventually is promised to be opened to all traders and with all these kind of development, I believe things will get better in the long run for the cryptocurrency space.

Binance Currency Exchange is a relatively new exchange, which began work in 2017, and during this time it gained popularity among users. Now the Binance exchange is in TOP 29 exchanges on the daily trading volume. I like it!

The best that it would allow to happen is getting to see how some of those long term prospect coins will end up at least being able to do well on their own in the long run with some of these things coming into play.

Binance has been talking about these for a while, and I can imagine that implementing it on their exchange will simply help in a whole lot of ways and make things even more interesting for the exchange. Competition is getting hotter by the day as new and better exchanges are springing up, so it is a good thing for the users in my opinion.

we will not avoid KYC on exchanges.It is coming but it also mean that regulators are see cryptocurrencies in more positive light.Looks like they have finally found that ban crypto is not a way to solve  his problems with crypto.Malta is open for blockchain but what kind of bank will be that Binance Malta bank.There is a lot of offshore banks in Malta and Malta already had problems with European Commission because of his shady offshore banks

Well if that happens, then Binance will eventually receive thousand of new users applications daily. As currently one of the tops & best cryptocurrency exchange can leave behind the other big giant's cryptocurrency exchanges in the race by introducing crypto to fiat trading & vice versa plus fiat deposits & withdrawals. And after introducing this feature they may conclude 2BTC withdrawal daily feature for unverified users & requires each user to undergo KYC process.

I think it's good news but also bad news. what do you think ?

Then it is still be good cryptocurrency is not for competence againts fiat money and this is very much better, it makes a lot easy for token holders if they want to trade their coins or tokens and then exchange it to money in this trading sites ,we can consider it as improvement in cryptocurrency.

Binance is always proving to be the best exchange so far so good. This will be very good for the industry as this will enable us to see the actual value of each coin at every point in time. We have traded all altcoins against ETH and BTC and their decrease or increase in price always affect the entire market.

If this becomes huge then I can well see banks from elsewhere putting heavy pressure on Maltese banking to throw it in until there's nowhere for Binance to go. Nothing operates in a vacuum and even more so with banking.

Malta has no weight in legal or financial terms compared to almost anywhere else in the developed world. I hope Binance have factored this in.

I think Yes it will be great because people wants too that they have many choices and the binance step to do that is great decision for people using crypto.

I am pretty sure that I have seen this exact headline, or ones similar to it for more than a year, and for various large exchanges also. The fact is that these exchanges don't want to get into the fiat business because there are much more stringent regulations involved, and for an exchange that can find itself on either side of regulatory certainty at any time this isn't a risk it is likely willing to take any time soon.

If you want to get to the next level it's what you have to do. And I don't think anyone's more ambitious than Binance. If they get it right they could be bigger than any bank in the world in the years to come.

I am really waiting for that to happen on binance then I will do my trade even in bitcoin and fiat on binance. If it will happen then most of my trade will be only on binance and I will not go for other exchange for bitcoin to fiat trade. It will also give us a way to deposit and withdraw our fiat, if not now then maybe in the future. We will be secured on a more reliable exchange.

It's likely.

How it can be a bad news? this gives more options to the people that doesn't have any crypto to hold but wanted to trade crypto-fiat-crypto directly.

     I believe so too because there are a lot of people who hate all that hassle into buying bitcoins from various sources that makes it take longer than what they want. Now, with this feature of binance, investors will have the opportunity to buy cryptos as easy as buying things online. I think this will boost the traffic in binance great move by the binance team.

That is definite, so at the end the choice is going to be yours. However, I am not sure USDT will be permanently flushed out as it would still be in existence and the choice will be left for you to make.

However, the availability of fiat trading will really help when it comes to the fear of leveraging in USDT or the likes, and due to all the news that has been up for a while now with respect to that, I guess at least it would make matters a bit better for the space.

We will see what Malta have to say, everything depends from their laws. I think binance didn`t choose Malta just cause its beautiful beaches, its financial paradise and binance will have open hands there. That Malta can become crypto paradise, couple months ago they announced a construction of the biggest land casino that will accept crypto, from few weeks ago binance as one of the leading crypto exchange will make their offices there, Malta government looks very open to crypto and that is a great thing, we will see what will happen very soon.

Yes, that's great. It affirms the great potential and increasingly perfect of binance. If this happens, will they reform and classify the authenticate members at level 3? Because I'm just level 2. :'(

Really looking forward to being able to trade some alt coins to fiat.

It's much, much more convenient to be able to trade alt coins for cash then trading Alt coin -> BTC -> Cash.

Binance is giving a lot of early ICO participants the opportunity to cash out some of our gains without having to convert to BTC, so I'm thrilled about the new pairing.

Binance is innovative and this step in the right direction will change the way altcoin prices fall when the giants I mean btc and ETH begin to fall in the market. The trading against dollar or fiat money will help the various coins to have their own value regardless of the prices of btc and ETH.

That would be amazing, because we are still very limited on crypto/fiat pairs. The majority of exchanges that offer that option, and you can count them by the fingers, usually don't offer to many coins for trade. I really miss that on coinbase for example, and I normally use other exchanges, like bittrex or binance, because they coinbase only allows me to trade 3 alts. If binance started offering fiat as well, it would probably put a lot of pressure on the other exchanges. I would probably stop using coinbase for example, and stick to binance, since they would have all that I need for trading (although you can still trade with no fees on gdax, and that is of course a plus for them).

With this news, my opinion is we getting closer/or already in the final phase of correction.
You know what that mean ? We gonna back to bull market again :)

i like it! i used binance until today and if they will add fiat in their platform that would be amazing... i hope they will add it the soonest because i can still buy many coin at the low price.. i can put my money to the exchanges and trade it with coin...when the price is high i can convert it to fiat again and hold it until it goes down and i can buy again coin with the low price.

Before the launch of Goldman Sach and Major WallStreet investor crypto exchangers, Binance is trying to become world number one cryptocurrency exchange specialising in all fields
Binance Euro and Fiat move is high anticipation in crypto world

If it will happen then that would be a good news to traders as they can encash their altcoins to fiat without exchanging it to the top coins as the fees will lessen. The only downside is that the value of trading coins like DOGE and the main coins like BTC and ETH will go down.

It would be brilliant but I will believe it when I see it. It seems everyday more and more exchanges are hampered by KYC and regulations, I hope that Binance can make it through all that and launch this exchange.

Competition has over the years always been a good thing and there is no doubt it would usher in a lot of growth for the space.

As long as some exchanges keep doing it better and getting huge volume, those who are far behind will keep looking for ways in which they can get to do it better to at least create some attention to them as well. No one would want to end up losing out big as an exchange in the long run due to just staying in their comfort zone.

As i see the influence of cryptocurrencies moves towards East as many Asian countries are so innovative when it comes to cryptocurrency innovations like last years Japan and Korea have a greater influence on the price hike of BTC, and now the Binance with an Asian origin has got new innovations too which could lead to pump some top altcoins.

That's terrific. I wonder what will happen to all the stable coins...

The plans to open an exchange on the territory of Malta cane earlier this year, in March. The exchange was forced to make this plan after Japan's regulators and financial authorities warned it about not being properly registered. This new development came after Japan's decision to make crypto regulations even more strict. The result includes the necessity for all crypto exchanges to obtain a special license, which is something that foreign exchanges have a hard time to accomplish.

if binance starts fiat/crypto trading then most likely they will also start allowing fiat deposit/withdrawal
and when that happens, to follow regulations they would start complying with KYC and AML rules
so... they will make user verification as mandatory :-X am I right?
if you don't like the idea of KYC stuff, withdraw your cryptos out of binance now

It would be really so much more comfortable than it is right now because for now if you sell your tokens in exchange to bitcoin and then you need to move your bitcoin into another exchange to sell it to Fiat.

Yeah, that would be great. When I first wanted to try trading crypto and invest some money into it, I found that very annoying that I cannot do that like buying something from my card or paying into some online casino. As cryptocurrencies are supposed to make payments easier it would be nice to easily change fiat to crypto.

Sure thisi will become to happen soon,local exchanges had been having this method that even ethereum,ripple and bitcoin cash can be convertible into fiats means innovation is happening and soon all the active and legitimate coins will be ready to be converted in real money.

This is an awesome innovation if you want to stay on top. Surely this is the result of competition... the birth of great exchange. This i think will pump up the prices of top alts.

Well that's going to be big if that pushes through. And that will push those alts forward if fiat isn't required to be converted to btc first before trading and vise versa. Would also attract more traders to use binance so good move oj their part

If this will be happened, I think more people will be joining in the Binance team as more people are likely to have a crypto-fiat trading and vice versa. I hope that the team will be able to pursue this plans so that more people will experienced an easy way of transaction with less fees.

This seems like a great addition to the trading market, but i wish they would allow fiat to crypto exchange and crypto to fiat exchange because that would make a lot of our lives easier and also i wish they would make verification much easier i know they are trying to be secure and keep thing legal but its seems too much for me, plus using their site can be a bit overwhelming for new users even with the basic stuff.

The value of a cryptocurrency drastically changing is not supposed to be on binance. This is a market, if the value drops and your friend ended up losing a lot of money based on some pump and dump, it is just the market your friend is holding, so rather than trying to shift the blame on binance, maybe you should ask your friend the shit coin he was holding.

It is necessary for you to know that this is a decentralized market and you do not want to be holding a coin with no team or project.

Yeah, I agree with you, even websites without fiat already require KYC stuff and imagine if they offer fiat deposits (which I highly think will be implemented too), verification will be as simple rule as it's in any bank.
But great fact I found in article is that they plan to create 1 billion cryptocurrency-based fund to support blockchain and crypto startups.

well i think that was being nice if it done by binance, binance is the largest market after all and i think it can easily improve the choice of user itself when using it

Yes .It is possible to exchange the FIAT with the crypto currency. Previously bitcoin adopted by the small amount of people.Now you can use localbitcoin to do the same .In this you have pay to the seller in terms of FIAT to get the bitcoin in your wallet.It's secured and safe.

Yes it is really great because from all the other competitors in this thing would put an emphasis on them, and they would be able to stay at the first place longer

I thought the CEO of Binance said they will not be adding FIAT Pairs anytime soon or not at all, that they will keep it crypto to crypto exchange only. Maybe they will open another exchange for that?

It would have a great impact in the long run and we will at least with this options get to start seeing a lot of the space maturing gradually and getting to see some projects not being reliant on bitcoin's movement which is basically most of the things we get to see these days.

As time goes on, I believe we will get to see this springing up in a lot of exchanges and will gradually become a norm with some active regulations.

What I would like to see is Binance margin trading. I really love everything about their exchange, except the fact that they haven't yet implemented margin trading, like they said they would in the whitepaper.

This can become a great opposition for those who have multiple accounts because in this case, they would need some cheat or false documents. To go with there are multiple accounts and continue to trade.

I guess, this is only a idea and there is no final implementation yet. But probably in the near future they will consider this since bitcoin is getting wider and become more popular now. More big businessmen already engaged with this kind of business so there is a possibility that it can happen soon.

Binance is planning to introduce crypto to fiat trading pairs, according to multiple recent reports. Binance is currently the leading exchange in terms of daily trading volume, with more than $1.3 billion in trade and is slightly ahead of OKEx.

The exchange will use its new base at Malta to introduce the new service and set up a new platform based in Malta to offer crypto-fiat pairs. Binance CEO Zhao also revealed his plans to expand operations of the exchange to the Channel Islands as it is waiting to receive a license from the authorities at Jersey. The company is also in talks with authorities and banks in Taiwan.

Well I don’t know much about this single exchange but sometimes things are not in reality as you are seeing them from another perspective. The thing is, like this exchange, may be this is supreme one already and you are only to go in there and shine your own trading. But make sure you are getting in some legit thing that would be backing you in hard times as well. Don’t be impatient.

So it's Uganda only. An interesting experiment for everyone. Binance should learn something and the locals will too. They're showing some proper vision here whereas most exchanges are still dicking around pretending to be futuristic.

Binance is expanding in all financial areas of crypto trading right from banks t country blockchain rules and now crypto bank it is good move

Uganda is a very interesting market, with only about 11% of the population having a bank account. It will be a big challenge for us, but also an opportunity to apply for electronic money as a form of currency. This is an interesting test, Africa is a big market.

This will be "Binance's first touches on fiat," so Binance will need to focus more on anti-money laundering (AML) rules and identification (KYC)

Binance's new trading floor in Uganda will have an independent structure, but the operating system, security, will be based on the existing platform.

This is a very good move, as it will go a long way in pushing for the widespread adoption of cryptocurrency.

Well that's great, i wonder why there are so many phishing site for binance because they keep on improving and improving. For members, be sure to use 2FA to secure your accounts.

I can say this is a right move.
This will make it easy for investors/ traders to transact without the hassle of converting mainstream cryptocurrencies like bitcoin and ETH.
This will also helps in pushing for the widespread adoption of cryptocurrency in the society.

It's great, only when it will be and where it will be possible to use.

Yes, I agree with this and it is going to be a great step taken by the Binance exchange and by this way they would gain more demand and new traders opening an account with them and also people who used to trade forex for investing would switch to crypto trading because previously there was no option to trade Crypto with FIAT but now trading crypto will be started soon with Fiat currencies and i think it will be a good hedging instrument for big investors also who are holding their trades in forex.

Binance is already known I'm just not sure if new users will come to trust putting their credit card details on it. KYC itself has prove to be scary for some users but it won't hurt to have fiat though. Money coming in from users who are willing to send GBP and USD are very much welcome in cryptosphere. They are not like coinbase who already have established but its a good option still.

This is one of the moves we need as an industry.This is because the pairing of BTC or ETH and altcoins has an enormous effect on the market when any of the two giants prices fall.The direct measurement affects altcoins badly and the entire market suddenly look bad.But if the fiat pairing exist, there will be stability in the market even if BTC or ETH falls.This will help to reduce altcoins volatility.

So this means another earning business for binance exchange. Binance exchange are getting familiar and establish when it comes to exchange for ETH and BTC for most of the altcoins. However, since the exchange has offer about crypto trading then this would take them to another mileage on their achievement of their project being implemented.

Do not know whether it is the pleasure of the opportunity or the anxiety of this market. However, every reform has its own reason and in particular it has better features that can happen. But it is their business, and we must invest wisely and especially protect our assets against possible fluctuations.

Binance really is one of the best exchanges around, they really do believe in " Go big or go home" I would love to only use Binance but every now and then there is a great project and then you just have to use the others because it's not on Binance yet.

This will be very nice if Binance could implement fiat and crypto trading. It will also boost its presence in the market as more persons will be attracted to the Exchange. It will also make it very easy for direct withdrawals to bank account if one needs to spend fiat cash.

Most big exchanger right now start to launch accepting fiat. When G20 country member regulate cryptocurrency, I am believe most exchanger will accepting fiat to trade crypto in their platform.
If Fiat accepted in any big exchanger, its good progress for cryptocurrency market and will increasing transaction volume in market. Hopely attracting new investor in market

Still waiting for it. I guess this will surely put a positive impression on the trading methods because it is as close to as trading with the forex. The only diference here would be having crypto assets for the trade purpose. No more brokerages, no more heavy transaction and trading fees. So I guess it is best step that Binance has taken. CEO of the Binanace knows everything very well, how to play this market, what people needs and what is ever changing here. If he runs with the time then only Binance and the crypto currencies will survive and he knows this better than anyone. Best decision of adding this features.

Binance offering fiat trading with cryptocurrency will likely increase the inflow of cash into digital market and I hope this indeed influence the market positively. This option make it easier for investors to trade their fiat with any of the major coins. Also, binance giving this option by following bittrex in offering Fiat-crypto trading is definitely a big plus to them in their strive to be the best cryptocurrency exchange.

it's true they are good market for e-money, but I don't think so for crypto currency?
they would probably be more interested in e-money in the form of their own national currency
how would you target unbanked people to get into "Fiat-Crypto Trading"?
to be able to do that, they need to have (access to) bank account to begin with
they are unbanked for some reasons and trading is not a good reason to get them banked :-\

yes i guess so. i don't think it will be approproate for them to have that kind of reasoning. it would also be unfair for them and most probably they will complain or not like how the idea is going on. if we carefully think about this scenario there are some other ways to let them enter trading not only with the reason of banking and other stuffs.

Yes man you’re right. Other platforms are going to follow up immediately, because any platform that doesn’t follow up immediately is definitely going to be among the losers in the game. Lots of customers/ their platform users will be looking for a way to switch to the big platforms that are offering the fiat–crypto trading. And this is the best move that Binance is taking right now.

That’s one of the reason why I like Binance, always different and amazing people. I believe that about 80% to 90% of their customers /Platform users will like this idea of allowing fiat/crypto trading. Although there have been some binary trading platforms that were offering that option, but it’s good to have it from one of our owns. Quite a good idea and I’m in support of it.

I think this is positive news.
Binance offering fiat to crypto trade pair , will spur the trooping in of new investors /traders.
Which will increase mass adoption of cryptocurrency.

I think it would be great should it happen.
It would enable onlookers to own any cryptocurrency of their choice seamlessly .
It would also save time and reduce transaction cost.

But it will have a cost. People will have to verify their Id before to be able to make the deposits/withdraw in fiat. It won't come without a "sacrifice". In the end, it isn't making something different from other exchanges. And sorry but it's not the type of thing that will increase the mass adoption like you say.

It is very interesting to hear and read news like this. The world will one day accept Crypto looking at the way things are going. I am always optimistic that cryptocurrency is the future of the younger generation as blockchain technology is currently on the increase. 

Somebody should do that first and I'm not amazed that the Binance is first to start that exchanging process because we know that Binance is one of the top platform for cryptocurrency exchange in the world that will know right now.

I think more and more companies getting in on crypto currency is always goodsl news anywhere in the world. I just hope that crypto currency will not be used for illegal purposes like terrorist funding ot money laundering to start. I think personal verification is important to deter these things from happening.

I still tip binance to be the main cryptocurrency exchange with its constant innovations in the market. But how does it intend to carry out the fiat withdrawal to bank accounts? Or is this not supposed to be part of such fiat crypto trading platform?

It's a good development for finance exchange because it will make trade easier and less complicated. I think more people would be happy knowing that there is direct trades on crypto to Fiat in binance though there are some exchanges that offered these kind of trades offers.

Amd i learnt they've also set up another in Uganda. This really looks good. Cryoto companies wantbto show the world that there's some goid jn thia business and we've come to stay.

It has been going around for months now and still nothing has been done about direct fiat instead of tokens like usdt. I think binance would profit a lot from this and we need it like yesterday. There are places like coinbase (each country have their own probably) that allows you to send dollar (or your own fiat) to the exchange from your bank account and there are stuff like binance that allows you to trade between hundreds of altcoins.

If binance manages to keep the altcoin trading between hundreds of coins and also adds couple big countries with fiat exchange as well where you can withdraw and deposit dollars from an american bank for example, they would definitely be amazing. I know binance is already big but with such an improvement it would become the clear leader in all levels for a long time.

And i learnt they've also set up another in Uganda. This really looks good. Crypto companies want to show the world that there's some good in this businesses and we've come to stay. This will also ensure that the adoption we have been yearning for for quite sometime comes to pass. As companies spread out, people find out what they do and join when necessary.

This is my first time of hearing about this news. We hope it becomes a reality in the shortest possible time to increase trading activities. I believe things like these makes trading very interesting on an exchange. Binance is such a great exchange with amazing features  that makes trading easy and convenient. I believe fiat-crypto trading would be a good addition to any exchange.

It just the way that Binance will take a move towards adoption of another trading pairs just like the other exchange do. As one of the known exchanges in the market, it give more attraction into traders as it is additional pairs for trading.
As we know, only few establishments accepting crypto that is why fiat still in demand in any exchange.

In a way, it will happen eventually although i don't think it would be healthy for Fiat at all considering that not all the countries have taxation laws regarding crypto currency yet. Then again, i have little love for Fiat so that is another plus. I do hope this will happen sooner rather than later though.

Binenace is one of greatest market and always make all of altcoin have listed at this exchange will have higher price, I like binance and have try trade there with getting higher price and easy transaction for we are using.

Putting that into reality will another firepower to binance and no wonder why this cryptoexchange is one of the best. I think this will be the first of its kind too considering that cryptoexchange are already focused on digital currencies.

Nice to hear this and this is another developments that is going to see bitcoin moving up.  Fiat and cryptocurrencies has to come together to resolve most of the issues we have been having in the world financially.  Binance as one of the leading exchange platforms providing this should be of a great help for adoption.

I think that is a good policy because it will increase the volume of trading further on binance and will make crypto increasingly known and more popular

wow, this is a very extraordinary step. this will make it easier for us to deposit from fiat to crypto or vice versa. this is a good step to make people more interested in crypto.

this is great.

I really do not see this having any serious effect on fiat, as it will just end up benefiting the crypto space as well as investor who would like to at least be able to have access to fiat to crypto trading, and it is a welcome development in the space considering that in the long run, with regulations, it will make it easy for smart moneys to want to be a part of the space. Binance is a pretty big exchange at the moment, and having something like this is a very good one for the crypto space entirely as well as its development.

I don't see any negative side about this news because for me whether it is fiat or digital currency, they are usable nowadays. In fact, we can't start in trading coins if we will not burn our fiat and turn it into digital currency.

Yes, it will happen eventually because top exchange will do it, other exchanges like bittrex will follow up.

That is great  anyway.  I think it's  really a good move to lure an investor. And I also read an article that Singapore will support and invest in binance this  December and maybe Singapore  dollars  will be use as a pair in binance fiat market also.

If this is true , I believe the development would go a long way in increasing the  adoption rate of cryptocurrency.
Considering the fact that it will open room for more potential investors to jump in .

I think it will be good for because we have more option to make a profit and with fiat-crypto trading, we can try to get more money. I think I will try it later if I can see that the fiat-crypto trading can give me more chance to make more profit. But I don't want to try before I can research how to get the good price in that pair.

Even for the fact that Binance is one of the top exchanges we have so far, and for the fact that they have the highest volume; it is more or less a chance to be tending towards mainstream adoption when we get to see this become a reality.

I believe it will have some pretty good impact on the cryptocurrency space, give in room for more adoption, make it easy for those who want to get in to do so, and even when it comes to hedging one's fund as a result of the fluctuations in fiat, at least, this would make it easy as well. Binance is really going to be hitting it even bigger on this one.

If we really want to be looking at it based on adoption rate, this is not something that is new per se as there have been a lot of exchanges doing this over the years. However, judging from the fact that Binance is a very big and high volume exchange, this would really give a chance to get the market exposed to the real world entirely and give chance to more investors to easily pop into the space.

Nonetheless, this is something that would require a strict regulation though one way or the other, considering the fact that fiat is involved, but it is really a very good one.

This is something they should have done a long time ago, but I’m happy they have decided to do it. There are many other exchanges that are already accepting trading fiat on their platform and one of the reasons why some people don’t like Binance is because they don’t trade fiat. This time around I believe that a lot of people would be happy about that and even get in back to Binance for trading.

This will be another big step in the crypto world. Binance being the leader in crypto exchange and to offer this will bring more capital and volume and it will be good for overall traders and crypto world.

This is good and will eliminate the numerous incidences of fraud novice traders face just to get some coins. It will make trading more convenient.

yes, binary has been great with this will become bigger and will be known to many traders, strategies and great steps from binance, hopefully it will make it easier for beginner traders who want to know crypto.

This is great. The competition is the driving force for development. This will really impact the cryptocurrency market.Binance is always doing the best things to maintain the top position. I like it.

Binance is fine, huge trusted exchange with a lot of potential and power  :-\
Do no think they are scammy, all is wonderful using them for ages  :-*

Binance  is already the leader in crypto trading and with these new offering it will just increase its consumer base and it will become more strengthened. I think Binance  will be a among the leader among the most revenue generation companies very soon.