One of the leading bitcoin exchanges Binance intends to provide its users with the opportunity to trade not only currencies, but also in Fiat pairs. It is expected that by the end of 2018, an option will be added to euros, writes Bloomberg.
The corresponding statement on Monday, June 11, did the CEO Binance, Chanpen Joao.
According to him, the addition of Fiat pairs became possible thanks to the opening of an office and Bank account in Malta. The exchange also plans to add other Fiat currencies, but the details at this stage, the head of the exchange did not disclose.
Additionally, the plans Binance obtaining exchange licenses Jersey and the opening of an office with a staff of 100 employees. The company is also negotiating with the authorities and the Bank of Taiwan, said Chanpen Joao.
Exchange Binance was founded in July 2017 and to date, the number of users of the exchange is 9 million people, despite the fact that at the beginning of the year there were 2 million In the first quarter of this year, the company earned $200 million with an average trading volume of between us $1.4 — $1.5 billion.
Earlier, the exchange Binance has announced plans to launch a Fund to support companies in the field of blockchain and digital currency.