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Binance Exchange Adds Support for Australian and Taiwanese Fiat Currencies

Binance announced on Tuesday that it had added support for two new fiat currencies, the New Taiwan Dollar (TWD) and the Australian Dollar (AUD). As per the official announcement on the website, the new currencies will be available for P2P trading against BTC, USDT, ETH, BNB, BUSD, and EOS.

­­Even the times of the Coronavirus pandemic, when about a third world is under lockdown, Binance has managed to show steady progress. Adding more fiat currencies is a step in the same direction, as it will expand the options for users, ultimately expanding the platform. In the official post, Binance said,

“Binance is looking for local P2P merchants who have a stable source of cryptocurrencies and TWD and AUD. Merchants can profit by offering TWD or AUD, provide cryptocurrency trades and enjoy tailored benefits including zero fee security deposits, zero transaction and ads fees, VIP discounts as well as exclusive customer support.”

Binance recently announced the Round 8 of ‘Binance Community Coin Vote’ to be held on May 06, 2020, to choose between SWFT Coin and Chromia. The international expansion of the Binance ecosystem is also on the rise, as Binance Labs prodigy Africa-focused social payments app Bundle was launched last week.

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David Cox

David is a finance graduate and crypto enthusiast. He projects his expertise in subjects like crypto and Blockchain while writing for CryptoNewsZ. Being from Finance background, he efficiently writes Price Analysis. Apart from writing, he actively nurtures hobbies like sports and movies.

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