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Binance enables fiat gateways for Euro, Kazakhstani Tenge

Binance’s recent partnership with Advcash has now enabled the crypto-exchange to offer deposits and withdrawals for Euro, Russian Ruble, Ukrainian Hryvnia and Kazakhstani Tenge. In its latest press release, Binance announced,

“Users now are able to deposit 4 fiat currencies to their Binance wallet using their credit cards, bank cards, and also from their Advcash Wallet.”

In an effort to attract new users to its rapidly expanding ecosystem, Binance has allowed zero deposit fees for users depositing EUR, RUB, UAH or KZT using their Advcash Wallet. In addition to providing the ability to buy and sell BTC, ETH and XRP directly using the Binance wallet’s balance, Binance users will also be able to deposit and withdraw using bank cards and also their Advcash Wallets.

After fiat is deposited into a user’s Binance wallet, users will also be able to buy and sell crypto with their fiat balance directly on the crypto exchange’s Buy and Sell Crypto page, using its one-click buy/sell service. The announcement added that “One-Click Buy/Sell allows users to buy and sell digital currency more conveniently and quickly without charts or complex order types, and provides users with real-time price data to directly execute their trades.” It also said,

“Users that have EUR, RUB, UAH or KZT in their Binance account are now able to purchase BTC, ETH and XRP at any time using this new One-Click Buy/Sell function.”

Disclaimer: AMBCrypto's content is meant to be informational in nature and should not be interpreted as investment advice. Trading, buying or selling cryptocurrencies should be considered a high-risk investment and every reader is advised to do their own research before making any decisions.

Arijit is a full-time journalist at AMBCrypto, who focuses on the XRP and Ethereum ecosystem. Leveraging over three years of experience in media and Majoring in Computer Science, he covers the technical developments in the crypto ecosystem

AMBCrypto was founded in 2018 with a mission to simplify and bring the latest blockchain and cryptocurrency news to our readers. We have quickly grown into the digital news source for an emerging generation of cryptocurrency enthusiasts, reaching more than a million readers on a monthly basis, across the globe.