Binance Announces New Euro Services Partnerships

Binance Announces New Euro Services Partnerships

Paris, October 30, 2023: Binance, the world’s largest cryptocurrency exchange, has announced new partnerships with several European fiat service providers, expanding its reach and influence in the region. 1

This announcement comes in the wake of MasterCard and Binance parting ways last month.

The new partnerships will allow Binance users to deposit and withdraw euros using a variety of methods, including Open Banking and SEPA/SEPA Instant. Users will also be able to buy and sell cryptocurrencies with euros directly on the Binance platform.

The move comes as Binance seeks to expand its global footprint and make it easier for users to buy and sell cryptocurrencies. Binance already has a strong presence in Europe, but the new partnerships will make it even easier for users in the region to access the platform and its services.

The new partnerships are the latest in a series of moves by Binance to expand its global presence. In recent months, Binance has also launched new fiat services in other regions, such as Asia and Africa.

This is likely to lead to increased trading volume on the Binance platform and further solidify its position as world’s largest cryptocurrency exchange.

Sources
  1. Nasdaq: https://www.nasdaq.com/articles/binance-expands-european-influence-with-new-euro-services-partnership[]
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