According to the chief marketing officer and co-founder of Binance, He Yi, Binance is planning to add over-the-counter (OTC) trading into its platform that will increase its customers’ fiat currency gateway.
The new OTC service will specifically support fiat on-ramp for Chinse yuan and will be part of Binance’s strategy to be more competitive in the Chinese market.
In addition to this, the cryptocurrency exchange giant also plans to roll-out a payment service to allow users from 170 countries to buy crypto assets using fiat currencies at Binance.com.
Binance is quickly racking up deals that increase its links with the real economy and improve its connections to mainstream finance.
Headlines for the world of Cryptocurrencies - September 18, 2019
- Wells Fargo To Launch Its Own Digital Token
- Germany Passes New Pro Blockchain Policy
- Technology And Banking Industry Giants Joins Blockchain Accelerator
- IBM Blockchain Solution Helps Coffee Industry In Supply Chain
- Two New Stablecoins Gets Regulator’s Nod — Draft
Headlines for the world of Cryptocurrencies - September 17, 2019
- CBitPay Enables Merchants To Accept Ethereum
- $100 Million Real Estate Funds Tokenized On Ethereum Blockchain
- An NBA Player Is Turning His Contract Into A Blockchain Tokenized Bond
- 81 Million Mobile App Users Now Have Access To XRP
- Bitcoin Cash Wallet Integrated Into HTC Smartphone.
Headlines for the world of Cryptocurrencies - September 16, 2019
- Coinbase Listing Dash
- Attack On Aramco A Test On Bitcoin’s Safe Haven Status
- Hedera Now Live
- Segwit-Spending Bitcoin Transaction Now Over 50%
- L.A. Mayor’s Office Hosts Blockchain Startup Competition
This is good news for binance users.
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