Binance, the most prominent crypto exchange in terms of the volume, has empowered its customers to purchase four significant digital currencies with the ruble (Russian currency).
According to a Feb. 5 briefing, Binance permits clients to interface their Visa card and buy Binance Coin (BNB), Bitcoin (BTC), XRP, and Ether (ETH) with the ruble. The exchange asserts that customers can finish purchasing in a split minute and don’t need to make deposits earlier to purchase.
Binance is also looking to introduce Mastercard support, along with other currencies.
Binance Widely Accepted Fiat
According to Forklog (Russian crypto news site) survey, Binance is the most well-known crypto exchange in Belarus, Ukraine, and Russia, with about 60% of respondents guaranteeing that they select Binance over other crypto exchanges.
Binance has been making an active effort in increasing the trading capacities of all its fiat currencies. The additional to Ruble are accompanied with the growth of exchange pairs against the Turkish Lira and the Vietnamese Dong. Binance further expanded exchange capacities for the Turkish Lira and included another exchange pair for the lira and the ruble in December 2019. The platform included order book exchanging for the entirety of its Turkish lira exchanging sets: BNB, Binance USD (BUSD), ETH, BTC, XRP, and Tether (USDT).
For the Vietnamese dong, Binance propelled peer-to-peer trading, empowering its clients to directly purchase and sell significant cryptocurrencies utilizing Dong by the most recent variants of the Binance’s P2P application on Android and iOS.