Binance Adds Support for Australian Dollars and Thai Baht

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Binance Adds Support for Australian Dollars
and Thai Baht
Binance Crypto Exchange is dynamically adding
fiat currencies to its platform (latest is Thai
Baht and Australian Dollars). The exchange is
anchoring on acquisition and partnerships to gain
trouble-free access to local fiat-based
markets. Binance to Unlock Thai Baht Recently,
Binance has broadcasted its collaboration
with Satang Corporation, one of the oldest
digital asset exchanges in Thailand, to unlock
Thai Baht (THB) on the Malta-based exchange.  The
Satangs fiat processing service will allow the
customers to deposit and withdraw baht
straightaway to their accounts. However, that
would require the integration into the trading
platform of Binance.  Satsangs CEO and
Co-founder Poramin Insom thanked Binance for
accelerating the dream of Thailands Digital
Economy forward.
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Binance to Support Australian Dollars
In the separate press release of Binance on
January 08, 2020, the exchange announced the
support for national currency of
Australia. Binance extended the support to Banxa,
fiat-to-crypto gateway solution for exchanges,
wallets and other cryptocurrency businesses
worldwide. Thus, the partnership with Banxa can
ensure a user-friendly journey for Binance users
in Australia. Banxa and Binance promised for
future collaboration with various countries and
currencies, providing convenient and secure
global payment methods. The press release also
asserts that 74 of the (Australian and Thailand)
population has access to digital technology or
the Internet. Thus, a significant population of
the world can move towards the digital asset with
the support of Binance to Thai Baht and
Australian Dollar.
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Binance Future Plans
At the end of 2019, Binance supported the
Japanese Yen and the Canadian Dollar too. Thus,
Binance in the present-day supports 22 fiat
currencies for the sale and purchase of
cryptocurrencies. Binance CEO Changpeng Zhao
believes that the collaboration with different
currencies can prove to be prevalent to the fiat
currencies and will provide a route for the
transition from fiat to cryptocurrency.
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ance-adds-support-for-australian-dollars-and-thai-
baht
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