Binance has also recently formed partnerships with Advcash & Papara, and has acquired WazirX to build fiat-to-crypto gateways.
Malta-based cryptocurrency exchange Binance, which is the world’s largest cryptocurrency Trading Platform by number of users and trading volume, is announcing a strategic partnership with Estonian peer-to-peer Bitcoin marketplace Paxful.
As of today, Paxful’s Virtual Bitcoin Kiosk will be integrated into Binance, allowing Binance users to utilize Paxful’s p2p network to buy Bitcoin on Binance with 167 various fiat currencies.
These include the Russian Ruble (RUB), Vietnamese Dong (VND), Indonesian Rupiah (IDR), Nigerian Naira (NGN), Colombian Peso (COP), British Pound (GBP), Mexican Peso (MXN), Canadian Dollar (CAD), Euro (EUR), and the Argentine Peso (ARS).
Binance also recently opened fiat gateways Indian Rupee, Turkish Lira
The partnership between the two platforms follows a series of clear efforts toward the expansion of fiat-to-crypto gateway options from Binance.
In November, Binance also partnered with payments service Papara to offer deposits and withdrawals of the Turkish lira (TRY), and with Advcash to offer deposits and withdrawals of Euros (EUR), Russian Rubles (RUB), Ukrainian hryvnia (UAH) and Kazakhstani Tenge (KZT.) The same week, Binance announced that it would be integrating stablecoin issuer Paxos’ fiat gateway.
Earlier this week, Binance’s fiat gateway partner Simplex added support for two new currencies, the Japanese Yen (JPY) and Canadian Dollars (CAD).
According to the announcement, the integration will also allow users to make Payments through Paxful on the Binance platform.
Building the global crypto economy
CZ (Changpeng Zhao), CEO of Binance, said in a statement that the collaboration “marks a significant partnership between a crypto exchange and peer-to-peer platform where a new pool of users will have access to alternative fiat payment methods available on Paxful, including local currency bank transfers and some of the world’s most popular digital wallets.”
“As one of the sole exchanges offering this service with Paxful’s integration to our users, we are looking forward to seeing new possibilities arise by providing more fiat-to-crypto options to the mainstream.”
Ray Youssef, CEO and co-founder of Paxful, said that his company was “proud” to be partnering with Binance, and that the exchange “[shares] our passion and vision for the global crypto economy and we’re excited to see how this union will spur more financial access, and, consequently, opportunities, for people everywhere.”
In early November, Paxful announced a partnership with Bspin, an online crypto betting platform.
Later the same month, the firm launched the “Paxful Peer Program,” an entrepreneurial program with the mission is to conceive leaders worldwide who are committed to providing ground support in new markets, particularly in spreading peer-to-peer and cryptocurrency knowledge to interested parties.
Malta-based cryptocurrency exchange Binance, which is the world’s largest cryptocurrency Trading Platform by number of users and trading volume, is announcing a strategic partnership with Estonian peer-to-peer Bitcoin marketplace Paxful.
As of today, Paxful’s Virtual Bitcoin Kiosk will be integrated into Binance, allowing Binance users to utilize Paxful’s p2p network to buy Bitcoin on Binance with 167 various fiat currencies.
These include the Russian Ruble (RUB), Vietnamese Dong (VND), Indonesian Rupiah (IDR), Nigerian Naira (NGN), Colombian Peso (COP), British Pound (GBP), Mexican Peso (MXN), Canadian Dollar (CAD), Euro (EUR), and the Argentine Peso (ARS).
Binance also recently opened fiat gateways Indian Rupee, Turkish Lira
The partnership between the two platforms follows a series of clear efforts toward the expansion of fiat-to-crypto gateway options from Binance.
In November, Binance also partnered with payments service Papara to offer deposits and withdrawals of the Turkish lira (TRY), and with Advcash to offer deposits and withdrawals of Euros (EUR), Russian Rubles (RUB), Ukrainian hryvnia (UAH) and Kazakhstani Tenge (KZT.) The same week, Binance announced that it would be integrating stablecoin issuer Paxos’ fiat gateway.
Earlier this week, Binance’s fiat gateway partner Simplex added support for two new currencies, the Japanese Yen (JPY) and Canadian Dollars (CAD).
According to the announcement, the integration will also allow users to make Payments through Paxful on the Binance platform.
Building the global crypto economy
CZ (Changpeng Zhao), CEO of Binance, said in a statement that the collaboration “marks a significant partnership between a crypto exchange and peer-to-peer platform where a new pool of users will have access to alternative fiat payment methods available on Paxful, including local currency bank transfers and some of the world’s most popular digital wallets.”
“As one of the sole exchanges offering this service with Paxful’s integration to our users, we are looking forward to seeing new possibilities arise by providing more fiat-to-crypto options to the mainstream.”
Ray Youssef, CEO and co-founder of Paxful, said that his company was “proud” to be partnering with Binance, and that the exchange “[shares] our passion and vision for the global crypto economy and we’re excited to see how this union will spur more financial access, and, consequently, opportunities, for people everywhere.”
In early November, Paxful announced a partnership with Bspin, an online crypto betting platform.
Later the same month, the firm launched the “Paxful Peer Program,” an entrepreneurial program with the mission is to conceive leaders worldwide who are committed to providing ground support in new markets, particularly in spreading peer-to-peer and cryptocurrency knowledge to interested parties.
Rachel is a self-taught crypto geek and a passionate writer. She believes in the power that the written word has to educate, connect and empower individuals to make positive and powerful financial choices. She is the Podcast Host and a Cryptocurrency Editor at Finance Magnates.
US Prosecutors Recommend 3-Year Prison Sentence for Binance's Changpeng Zhao: Report
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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