Benzinga - Amid organizational shifts and regulatory hurdles, Binance is bolstering its European foothold with a fresh Euro services partnership.
What Happened?
Crypto exchange giant, Binance announced that it has signed agreements with new regulated and authorized fiat partners for EUR payments, deposits, and withdrawals, as reported on its blog post.
The new partnerships offer EUR transactions via Open Banking and SEPA/SEPA Instant, and buying and selling crypto with SEPA/SEPA Instant. Users have already started to shift to the new services.
“Being able to easily convert fiat to crypto, and back to fiat again, is a crucial part of advancing the adoption of digital assets globally. Without an easy way to buy or sell crypto, users who are new to the space can find the process of buying or selling crypto unintuitive and intimidating,” Binance said in its blog.
More EUR fiat channels have arrived on #BinanceWe’re proud to announce that we’ve entered into agreements with multiple new EUR partners to provide deposit, withdrawal, and payment services, making your experience even more seamless.
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