RATE Group | Binance LCX Launches Fiat-to-Crypto Exchange in Liechtenstein
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Binance LCX Launches Fiat-to-Crypto Exchange in Liechtenstein

18 Aug Binance LCX Launches Fiat-to-Crypto Exchange in Liechtenstein

Posted at 03:10h in Cryptocurrency News by

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binance cryptocurrency exchange

Binance, the world’s leading cryptocurrency exchange by volume, has partnered with Liechtenstein Cryptoassets Exchange (LCX) to create and launch a cryptocurrency trading platform that allows users to trade directly against fiat currencies such as the euro.

The Malta company announced Binance LCX as the forefront of their trading operations in the Central European economy. This newly established joint venture will allow cryptocurrency users to trade their crypto-assets for Swiss francs (CHF) and euros (EUR). Binance will be overseeing operations and management of the technology platform, while its unification with LCX will be responsible for managing customer support and regulatory compliance.

Just over a year ago, Binance did not exist. It wasn’t until the end of July 2017 when the Binance ICO gave the firm its first presence in a competitive trading market. The company’s ability to handle larger volumes and its choice of being bankless had put it on the top ten…

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