darewaller
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August 03, 2018, 11:27:56 AM |
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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 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.
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DaughterOFbitcoin
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August 04, 2018, 12:06:53 PM |
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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.
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Ezenwanyi
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August 04, 2018, 01:31:23 PM |
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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.
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Crystal24
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August 04, 2018, 02:04:36 PM |
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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.
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LeGaulois
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August 04, 2018, 02:43:24 PM |
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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.
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.
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sieemma
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August 04, 2018, 05:13:52 PM |
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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.
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Damn3d
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August 04, 2018, 10:01:56 PM |
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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.
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spongegar
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October 17, 2018, 03:30:03 AM |
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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.
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Akpuv
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October 20, 2018, 09:23:57 PM |
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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?
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ylnar123
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October 20, 2018, 10:34:02 PM |
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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.
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yesyes18
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October 20, 2018, 10:43:23 PM |
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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.
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rickadone
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October 21, 2018, 03:34:55 PM |
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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.
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yesyes18
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October 22, 2018, 08:40:41 PM |
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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.
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mensahkkofie
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October 22, 2018, 11:19:09 PM |
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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.
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Kasabus
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October 22, 2018, 11:32:31 PM |
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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.
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squog
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October 23, 2018, 01:42:25 AM |
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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.
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celot
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October 23, 2018, 02:26:46 AM |
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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.
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altercreed
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October 23, 2018, 07:05:40 AM |
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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.
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Idrisu
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October 23, 2018, 07:35:18 AM |
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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.
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blackbold
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October 23, 2018, 08:02:34 AM |
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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
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