Binance exchange has agreed for the strategic partnership with Epay. The corporation between two firms will allow users to deposit and withdraw Hong Kong dollars for trading against other cryptocurrencies. Epay is one-stop multicurrency payment platform. The recent relationship is a way forward to attract new investments in crypto markets.
Binance To Expand Crypto-to Crypto Platform
One of the leading cryptocurrency exchange, Binance has supported Euros and Pounds sterling through Hong Kong-based Epay. The latest addition of Hong Kong dollars is an accomplishment for the Exchange, as banks in the jurisdiction of the country are hostile to offer accounts to a cryptocurrency exchange.
Binance is rushing to roll out new fiat gateways to serve local markets across the world, turning into a purely crypto-to-crypto trading platform. Recently, it has added 15 fiat currencies via a collaboration with Israeli payment provider Simplex and earlier added the fiat currencies of Russia, Ukraine, Nigeria and India.
Changpeng Zhao, co-founder of Binance recently clarified about its aim to include 180 fiat currency pairs till the end of the first quarter of next year. The company want everyone to access the liquidity of the currencies listed on the platform.
Mass Accessibility Of The Cryptocurrency
As the cryptocurrency market is continuously growing, with new investors trying their hands in the crypto markets. Binance latest step to join hands with Epay will facilitate the users for easier assessment of the crypto space.
Thus, the latest move indicates that the enthusiasm of the crypto investment is increasingly growing and reviving the blockchain technology with new upgradations. If the current trends of upgraded technologies continued to disseminate in the financial systems of the world, the crypto adoption by mass would soon be possible in the near future.