Binance to add 180 new Fiat Currencies to direct Fiat-to-Crypto trading offer
Cryptocurrency exchange Binance is planning to add 180 new fiat currencies into its Binance.com platform to improve its direct fiat-to-crypto trading offering.
Micky reported that Binance’s COE Changpeng Zhao announced he was looking to add all remaining fiat currencies to the platform during the exchange’s “super meetup” in Singapore. He 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.
According to Zhao, the initiative is going to help users have access to “the large liquidity” on the cryptocurrency exchange, which started offering fiat-to-crypto trading with Nigerian Naira trading pairs being added in October.
During the Singapore event, Zhao noted Binance was going to focus on improving its customer service. He said that before Binance appeared some users had to wait months for a response after submitting support tickets on other cryptocurrency exchanges.
Though binance claims to be able to answer support tickets in 24 hours, it’s looking to shorten that time to “one hour, now, or less.”