- Binance Jersey to offer BTC/GBP, ETH/GBP, BTC/EUR, and ETH/EUR trading pairs.
- The entrance of Binance in the European markets could offer “freedom from looming Brexit uncertainty.”
The world’s leading cryptocurrency exchange company by adjusted volume Binance is making a grand entrance into to the European markets following the launch of a crypto-to-fiat exchange in Jersey. According to a press release sent to Cointelegraph, the new platform is referred to as Binance Jersey and as mentioned will support fiat-to-crypto trading.
The currencies to be supported at the time of the launch include euro (EUR), British pound (GBP). Both of these currencies will trade against Bitcoin (BTC) and Ethereum (ETH). The exchange is available to Europe and the United Kingdom.
Customers will be required to undergo account verification under the know your customer guidelines. The press release noted that this expansion could offer the markets in Europe “freedom from looming Brexit uncertainty where the pound and euro are also in concern.”
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