The Binance cryptocurrency exchange platform will offer its clients the option to carry out transactions with euro and other fiat currencies, according to Zhao Changpeng, its executive director, to the Bloomberg news agency.
Changpeng commented on Monday June 11, which will allow the exchange with euros at the end of 2018 and that will add other fiat currencies, although he did not indicate more details. These operations will be carried out through the headquarters of this exchange office in Malta, which was announced last March.
This exchange house is the third with the highest volume of trade worldwide and handles 12% of the total volume of the market, being surpassed only by OKEx and bitFlyer, according to data from Coinhills.
In the month of March, Binance suffered an attack on its platform that produced, through a malicious bot, an unauthorized mass sale of coins from a group of users. However, this event did not negatively affect the performance of the exchange house, which is still used by a large number of investors.
The company's Initial Currency Offer (ICO), launched in July 2017, raised $ 15 million. In addition, this exchange house manages an average volume of exchange between $ 1,400 million and 1,500 million dollars.