The shift of the exchange to Malta unlocked the theoretical opportunity, but presently Binance renewed talks of including a direct way to purchase into crypto with fiat.
Binance, the exchange that rapidly gained the top spots in various trading pairs, is showing signs of seriousness about adding fiat to crypto pairs. That kind of move could have a broad effect on the crypto market, most remarkably in unpairing altcoins and their cost movements from the pressure of Bitcoin.
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At the moment, Binance is looking for a banking associate in Malta to be capable to handle fiat deposits.
[Video 1] Binance Crypto Exchange to Offer Fiat-to-Crypto Pairing after moving to Malta - RIP Coinbase
[Video 2] Binance Adding USD-To-Crypto Trading Pairs - Market Update
[Video 3] Binance Crypto Exchange to Offer Fiat-to-Crypto Pairing after moving to Malta
What's been preventing Binance from doing this? Or if nothing has been preventing from doing it, why haven't they? I'd much rather enter/exit with fiat on Binance instead of having to go through Coinbase.
@nievogro Sure.