Ethereum 

Binance Adds Fiat Payment Options With Paxful Partnership

Binance has partnered with peer-to-peer crypto marketplace Paxful to integrate it’s “Virtual Bitcoin Kiosk,” which will allow customers to buy crypto with over 167 fiat currencies. Binance Adds Support for 167 Fiat Currencies The addition of Paxful to Binance’s platform should open the crypto market to millions of customers, with some of the fiat currencies supported by the service including the Russian ruble, Vietnamese dong, Indonesian rupiah, Nigerian naira, Colombian peso, British pound, Mexican peso, Canadian dollar, Euro, and Argentine peso. Paxful and founder Ray Yousseff said that his company…

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Bitcoin 

Libra Co-Founder Says It Isn’t Competing With Fiat Currencies

Libra co-founder and chief economist of Calibra Wallet Christian Catalini has attempted to clear up misconceptions in relation to the planned digital coin in an interview with CNN’s Julia Chatterley. The release of the whitepaper on Facebook’s (NASDAQ:FB) proposed coin back in June prompted massive debate from politicians around the world, most of which vehemently oppose the plan as they feel it poses a threat to the economic sovereignty of nations. Catalini has attempted to allay some of those concerns by saying that Libra is, at its most basic, a…

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Blockchain 

Huobi Intends to Open Fiat Gateway with Lira-Tether in Turkey

The cryptocurrency space has come a long way over the past five years, and one of the more important members of a growing ecosystem has been the global crypto exchange Huobi. The company has done a lot to increase awareness about the crypto sphere and in turn, has been one of the biggest contributors towards the current popularity of crypto. Key Details In a new development, Huobi announced that it is on the verge of launching a new fiat gateway for a customer in Turkey. It will open as many as…

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Blockchain 

Kraken Implements New Funding Options for 5 Fiat Currencies

The US-based crypto exchange Kraken is rolling out new funding options for five major fiat currencies. In order to do so, the exchange has partnered with Etana Custody. Let’s check this out. Kraken’s New Funding Options Yesterday, July 29, the crypto exchange put out an official announcement saying that it will offer new funding options for US dollars, Euros, Canadian dollars, British Pound, and Japanese Yen. Kraken’s global customer base can access the fiat funding options by linking their bank account and wiring funds to the in-built Etana Custody Wallet,…

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Blockchain 

Breaking Down the Barrier Between Fiat and Crypto

It can be tough to get started with cryptocurrency because, at first glance, it does not seem easy to buy coins and tokens. The big exchanges such as OKex and KuCoin focus almost exclusively on crypto-to-crypto purchases, and while that is certainly useful, it does not help people who are just starting. Additionally, once people find a reliable fiat-to-crypto service, they then likely have to transfer their coins to another crypto exclusive exchange if they even want to consider buying some of the lesser-known altcoins. Every crypto fan has likely…

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