Cryptocurrency exchange Binance is planning to integrate all 180 existing fiat currencies into its platform during the next few quarters.
During the Binance Super Meetup in Singapore this Tuesday, Binance CEO Changpeng Zhao announced he is planning to integrate all 180 fiat currencies into Binance’s platform: “One of the key things I want to do for the next few months – six to nine months or so – is to get those other 180 onboarded onto Binance.com.”
Zhao also stated that he wanted to add every fiat currency to the platform so that “they have direct access to the large liquidity on Binance.com.”
On Oct. 21 Binance CEO Changpeng Zhao announced the exchange was planning to add support for fiat-to-crypto trading pairs, and during the past few weeks the exchange has added support for 5 different fiat currencies.
On Oct. 24 the exchange launched a fiat-to-crypto gateway for the Nigerian naira (NGN), in partnership with Flutterwave, one of the exchange’s 6 fiat gateway channel partners. Less than a week later the exchange quietly launched trading for the Russian ruble (RUB).
Last week, COIN360 reported that Binance could be adding support for the Ukrainian hryvnia (UAH) and the Kazakhstani tenge (KZT) in the near future, and last Friday the exchange announced it had partnered up with Advcash to offer deposits and withdrawals of EUR, RUB, UAH, and KZT using credit cards and bank cards, as well as the Advcash Wallet.