min to read

2019-09-19 17:03:05




News

Binance launches OTC crypto/FIAT trading

OTC trading

min to read

2019-09-19 17:03:05

Binance cryptocurrency exchange will launch over-the-counter trading (OTC) with fiat currencies within a month.

Binance cryptocurrency exchange will launch over-the-counter trading (OTC) with fiat currencies within a month, CoinDesk reports.

 

Binance co-founder He Yi emphasized that the exchange would also add support for OTC trading for the yuan so that to increase its presence on the Chinese market.

 

Soon Binance will introduce a payment service that will allow customers from 170 countries to buy cryptocurrencies for fiat on Binance.com.

 

The exchange launched the OTC platform at the beginning of the year, and in July Binance added a “block trading” service that allows traders to carry out transactions starting as low as 10 BTC.

 

It should be reminded that on Friday, September 13, Binance Futures was launched.

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