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Global Crypto Giant Binance Expands Fiat Gateways for Traders and Investors in Norway and Croatia
Leading cryptocurrency exchange Binance is now allowing traders to buy Bitcoin (BTC), Ether (ETH), Binance Coin (BNB) and XRP using the Norwegian Kroner (NOK) and Croatian Kuna (HRK) by linking their Visa cards.
Binance says that users can complete their digital currency purchases in “under a minute, without needing to deposit first.” The exchange plans to add support for Mastercard and other currencies in the future.
In July 2019, Binance introduced a new fiat on-ramp in Singapore. The fiat-to-crypto platform also allows traders to purchase and sell BTC, ETH and BNB using Singapore dollars (SGD). Additionally, the Malta-headquartered exchange has launched Binance Uganda (UGX) and Binance Jersey (EUR, GBP) as part of its network of fiat-to-crypto platforms.
The exchange’s strategic investment partner, Vertex Ventures, has also helped Binance expand its operations in Southeast Asia and India by working cooperatively with local regulatory authorities and financial institutions.
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