Binance plans to support all 180 currencies for its direct fiat-to-crypto trading facility
At a meetup in Singapore Binance CEO Changpeng Zhao made several important announcements, one of which was to support 180 currencies for its fiat-to-crypto trading services. Zhao said:
“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,”
Currently, Binance only supports 5 fiat currencies - Nigerian naira (NGN) and Russian ruble (RUB), euro (EUR), Ukrainian hryvnia (UAH) and Kazakhstani tenge (KZT). Binance's strategy to give customers "direct access to the large liquidity" involves building fiat on-ramps around the world with third parties.
