RATE Group | Binance Cryptocurrency Exchange Launches Latin American Fiat Gateway
71789
post-template-default,single,single-post,postid-71789,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Binance Cryptocurrency Exchange Launches Latin American Fiat Gateway

12 Dec Binance Cryptocurrency Exchange Launches Latin American Fiat Gateway

Posted at 12:27h in Cryptocurrency News by

[ad_1]

Binance, the leading global cryptocurrency exchange by trading volume and users, today announced the launch of its fiat gateway for Latin America. The announcement was made during laBitConf, a major crypto event for Latin America held in Montevideo, Uruguay.

The new platform, named Latamex, will operate under the Binance Fiat Gateway and will allow Binance’s Latin American users to purchase cryptocurrency directly in association with Settle Network, a Latin American digital asset liquidation network.

The new platform will initially be launched in Argentina and Brazil, allowing the direct purchase of cryptocurrencies using Argentine pesos and Brazilian reals. Users will be able to buy Bitcoin (BTC), Binance Coin (BNB), Ether (ETH) and Binance’s stablecoin Binance USD (BUSD). Binance CEO Changpeng Zhao said:

“There is a strong need for cryptocurrencies in Latin America, especially for financial access. Roughly 50 percent of the Latin American population is unbanked, and Latamex is…

[ad_2]

Source link

Tags:
, , , , , , ,