Binance
Lists First-Ever Fiat Currency
Leading cryptocurrency exchange
operator Binance announced Thursday the addition of its first-ever
fiat-to-cryptocurrency gateway, made possible by global payment technology
company Flutterwave.
“Starting today,” Binance’s
blog post stated, “users in Nigeria are able to purchase BTC, BUSD, BNB with
Naira (NGN) through debit and a credit card through the Binance Fiat Gateway
platform on the Flutterwave channel.”
Noteworthily, Binance also
revealed that fiat pairs for other local currencies throughout Africa—such as
the Kenyan shilling and South African rand—will soon be supported “as Binance
develops new functions and channels to lower the barrier to entry.”
