Binance is raising :After quadrupling its number of users since the beginning of the year, the second largest exchange platform of Cryptos announces the arrival of exchange pairs in euros this year.
Binance has therefore unsheathed a weight argument with the addition of the euro as currency of exchange, from 2018.
Even if the addition of the European currency is going to attract investors who want to use their euros directly, this might scare some others.
Also the introduction by binance of trading via fiduciary currencies will subject the company to a series of regulations that could discourage those who, among its current users, prefer to trade anonymously.
More info :
https://www.ccn.com/binance-has-quadrupled-its-user-base-since-january-will-launch-eur-pairs/Having EURO pair will be good in most case.
Do you think they will not require us to submit documents like passports and drivers license?
The time bittrex did this mandatory submission of ID, they lost a lot of users. I think I only register in binance and not submit anything to it and yet I'm allowed to make transactions.