New Fiat currencies on Exchange

[Alhamza24]

Binance has recently added five new fiat currencies for Latin Americans. Recently, Binance had closed its platform for trading. The exchange stopped its operations because of unexpected infrastructure default. Once again in March, Binance crashed due to overload. It is a good move to add more fiat currencies.

[Iyanu14]

That's a very good news to hear. I have heard of the inclusion of Nigerian Naira on binance, but I didn't know some other fiat currencies have been added.  However, this crash is not a good news because the exchange is trusted by multitude and they need to do something to prevent future occurrence.

[bittick]

That's a very good news to hear. I have heard of the inclusion of Nigerian Naira on binance, but I didn't know some other fiat currencies have been added.  However, this crash is not a good news because the exchange is trusted by multitude and they need to do something to prevent future occurrence.

It has been 2 weeks since this thread has already created and it looks like you must see what already stated my OP again. That crash means crypto has been getting a lot of attention and there must be another trusted exchange site that can be trusted like binance.

[BeginToMine]

I have been using Binance fiat lately and I must say it's an amazing one and I do hope they don't have issue because once such happens, it will generate casualties. They have many countries using the fiat exchange and many stored fiat there to buy tokens so once crashes, problem will be.

[Byakuga]

That's a very good news to hear. I have heard of the inclusion of Nigerian Naira on binance, but I didn't know some other fiat currencies have been added.  However, this crash is not a good news because the exchange is trusted by multitude and they need to do something to prevent future occurrence.

It's easier said that done, do you know how hard it is to run an exchange? It's freaking not easy so when things like crash or bugs happens on an exchange the team will fix it, this is normal and I don't expect people to hype it, binance team are the best

[aemma]

Binance has recently added five new fiat currencies for Latin Americans. Recently, Binance had closed its platform for trading. The exchange stopped its operations because of unexpected infrastructure default. Once again in March, Binance crashed due to overload. It is a good move to add more fiat currencies.

Addition of new fiat currencies points to one thing and that is, recognition; it means crypto is getting the attention due for it which is very good in all ways. Supporting of fiat currencies will make it easy for people to understand what crypto is all about since it's now easily accessible to them. I think, crypto adoption might not be taking the shape we thought it will take or happening the way we want but with this developments, it is a good step towards greater heights. Lastly, Binance exchange is through this way, gaining more users, making its exchange the best and proving yet again that it have everything that will make it last long term; crashing due to overload means more users are inbound.

[Emilyp]

Binance is on a move to establish an avenue for every country to use cryptocurrency directly from their currency. If many nations currencies are added, it will make local people want to engage with cryptocurrency and know what cryptocurrency is all about and see they can use it with their currency.

[Perfect35]

That's a very good news to hear. I have heard of the inclusion of Nigerian Naira on binance, but I didn't know some other fiat currencies have been added.  However, this crash is not a good news because the exchange is trusted by multitude and they need to do something to prevent future occurrence.

It has been 2 weeks since this thread has already created and it looks like you must see what already stated my OP again. That crash means crypto has been getting a lot of attention and there must be another trusted exchange site that can be trusted like binance.

Yes, I am still thinking if Binance can really cater to all the needs of the entire people using cryptocurrency. We truly need more reputable exchanges to come up with services like this. Binance is moving fast. perhaps other exchanges cannot really move at the pace at which Binance is moving, but they can still do something about it. Although Coinbase is offering this service, not everyone finds it easy to use Coinbase. We, therefore, need more global exchanges to come up and do this. Well, they must be trusted.

[disconnectme]

People have not actually realize the value that Binance is adding to the space, just imagine the amount of money that is going to enter the space in the coming months and years to come. Anyone that doubt Bitcoin hitting $100k need to think twice because to me it is greatly undervalue

[TheClownSong]

Binance has recently added five new fiat currencies for Latin Americans. Recently, Binance had closed its platform for trading. The exchange stopped its operations because of unexpected infrastructure default. Once again in March, Binance crashed due to overload. It is a good move to add more fiat currencies.

Adding fiat to transactions and deposits is a strategic step that can trigger the growth of members and investors. For novice investors, this step is something that makes it easy for them to invest in cryptocurrency and I think there will be many exchangers who follow this Binance step

[jossiel]

Adding fiat to transactions and deposits is a strategic step that can trigger the growth of members and investors. For novice investors, this step is something that makes it easy for them to invest in cryptocurrency and I think there will be many exchangers who follow this Binance step

It's indeed a very great strategy for Binance. You can imagine what if most of the fiat currencies are on their exchange, then it can every single country that the other exchanges doesn't have.

They'll get most of the traffic and traders worldwide.

[irixo10]

Binance has recently added five new fiat currencies for Latin Americans. Recently, Binance had closed its platform for trading. The exchange stopped its operations because of unexpected infrastructure default. Once again in March, Binance crashed due to overload. It is a good move to add more fiat currencies.

Yes it is a very good move to add more fiat currencies, this is because it will bring more exposure to the crypto space as people in those countries can now buy crypto with their fiat as well as selling to fiat; what I think Binance is doing with such move is to make cryptocurrencies to be at our disposal thus being traded the way we want. Also, Binance crashing because of overload shows that the number of users is increasing rapidly which I think can be attributed to the more addition of fiat currencies to its exchange.

[Slingshot]

Binance is a well trusted exchange and having fiat on its exchange is really the best and it has relieved many countries crypto fiat transaction. Many has failed in wrong hands all because of transactions. Some from local groups for buying and selling and some from cooied, phishing platforms. We Nigerians are really impressed and pleased to see such innovation on Binance. It's a big relieve I must say.

[XCANA]

Binance have been doing well when it come to Fiat's currency in exchange. Although, other exchanges have been equally adding series of fiats currency but Binance is exceptional in this regard. I use the Binance exchange and some good means to exchange my portfolios to my local currency. The first I use is the Remitano which had my local currency on their exchange, this made it easy for my swap or buy and sell into my local currency.

[LbtalkL]

There is no perfect platform that is why they have maintenance  to fix some issues if they encounter some of it. The fact that it is overloaded as you say is an evidence that this platform has an overwhelming users which is good, they only need to get some new servers to cater it. If you are correct that the reason of those crashed is the adding those new fiat currencies I guess they have fix it already, Binance is evolving every time it is an exchange that has so many features and ready to add more. In recent interview on youtube live coverage of bitcoin halving someone ask if they will add forex trading in the platform they said it is possible if there is a huge demand. Binance is really listening to its users feedbacks.

[Teawhalee]

It's a wonderful job I must say because no other exchange has been bale to do this. Binance has really got it right in many aspects. It will go round at least to majority of the top countries. This will have positive effect on cryptocurency at large.

[timmmers]

I am using Binance Jersey for fiat deposits because only Jersey accept bank transfers, do not understand why not the original one  . Because even Binance Jersey belongs to the original one, it doesn´t look as safe as the original one. 

[Psynthax]

It's a wonderful job I must say because no other exchange has been bale to do this. Binance has really got it right in many aspects. It will go round at least to majority of the top countries. This will have positive effect on cryptocurency at large.

Okay, based on what are you saying and what's your conclusion about this?binance faced a problem after added new fiat pair on its exchange site. I may think if that was not a smart move caused by binance can do that gradually rather than try to add a lot of new pair in once time. The positive impact is a must but it will also get a bad publication too.

[Shallow]

Sincerely I love the fact that Binance keeps adding more fiat currencies to its exchange, I think the exchange is gradually paving the way for all and sundry to easily get hold of their desired cryptocurrencies. Also, this addition of fiat currencies will keep increasing their number of users in the same way making it one of the largest exchange. The thing i understand is, the exchange is always ready to take new steps which will continue increasing its worth in all ramifications.

[hushpupppy]

Another addition is that binance has introduced another round to help local currencies with the peer to peer p2p trade now on the binance platforms.

It helps traders have multiple options to convert to fiat anytime