XRP and Fiat Pairs Now Available on Binance Exchange

News / 25.12.2019

Recently, Binance Exchange confirmed the addition of new XRP and ETH fiat pairs to its platform. The exchange will support three fiat pairs with Turkish Lara (TRY) that feature ETH, XRP, and USDT. Additionally, Binance users can now trade USDT against the Russian Ruble (RUB).

In December of 2018, Binance added XRP as a base currency and renamed its ETH market to ALTS markets. Last month, the Turkish Lara got added to the crypto exchange, and Binance only allowed its customers to use BTC to buy EH and XRP through the Turkey-based payment company, Papara.

Binance Supporting Fiat Currencies and Exchanges

Previously, Binance enabled support for five other fiat currencies, including Euro (EUR). In the past few months, the exchange proved a remarkable result of expanding the fiat-to-crypto trading sector.  Binance also opened various fiat exchanges worldwide, including in Uganda.

Nevertheless, Binance is yet to conquer the American crypto market, and Coinbase is far ahead. However, Binance is working on making significant gains.

 

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Holds a degree in BSc. Nursing from the University of Cape Coast, Ghana yet an addict to the blockchain technology and the cryptosphere. He combines the promotion of crypto projects and also the making of professional contents all to get innovative projects to the real world. He is a passionate Community manager and a Marketing Advisor for blockchain startups.