December 5, 2023

Binance crypto exchange will add support for Hryvnia and Tenge

Binance crypto exchange will add support for Hryvnia and Tenge

The world's largest cryptocurrency exchange by turnover, Binance, plans to add support in the near futureUkrainian and Kazakhstani fiat currencies for direct cryptocurrency trading, reports The BlockCrypto.

According to information received by the publication from unnamed sources, today the Ukrainian hryvnia (hryvnia) and the Kazakhstan tenge (tenge) were added to the Binance application programming interface (API).

Last month, Binance added supportNigerian Naira (NGN) - October 24 and Russian Ruble (RUB) - October 31. Previously, these two fiat currencies were added to the API on September 24 and October 29, respectively.

Commenting on the use of the ruble and naira,Binance CEO Changpeng Zhao said that users can expect "more couples soon." Support for NGN was made possible through a partnership with Flutterwave, a US payment technology company, while RUB was integrated with AdvCash, an electronic payment platform based in Gibraltar.

It is currently unknown which third-partyBinance will choose the service for the currencies UAH and KZT, if they are added to the platform. Binance continues to expand channels for its gateways. Currently, there are six such channels - through Koinal, Simplex, Paxos, TrustToken, Flutterwave and AdvCash. Recall that the Huobi Global exchange is forced to block the accounts of US citizens, and offers customers to switch to the HBUS partner exchange.