Advertise
CoinTrust
BTC
ETH
BCH
SOL
DOGE
SHIB
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
No Result
View All Result

Home » Cryptocurrency Exchange Binance Facilitates Aussie, Thai Baht Transfers

Cryptocurrency Exchange Binance Facilitates Aussie, Thai Baht Transfers

Kelly Cromley by Kelly Cromley
Jan 8, 2020
in Market News, News
Reading Time: 2 mins read
0

Top cryptocurrency exchange Binance has started supporting Australian dollars (AUD) and Thai baht.

Deposits and withdrawals of Aussie will be handled by Banxa, a firm with expertise in establishing globally compliant fiat-to-crypto gateways, and Satang Corporation, a Thailand based cryptocurrency exchange.

Satang’s fiat processing facility is incorporated into Binance’s trading platform using a recently unveiled API (application programming interface) that permits clients to deposit and withdraw baht directly to their respective accounts.

Satang CEO and co-founder Poramin Insom stated that the partnership will assist in the adoption of cryptoassets in Thailand.

Binance stated that its collaboration with Banxa also permits its clients access quicker fiat transfers with the Aussie, pound and the euro. Supported mode of payments includes bank transfers, retail and bill payments and credit cards.

Banxa CEO Holger Arians pointed out that the facility will “takes care of all regulation, compliance and chargebacks.”

Changpeng Zhao, CEO of Binance, stated that he trusts the collaboration will be profitable given the popularity of fiat currencies and the necessity for shifting from fiat to crypto.

“We believe fiat will co-exist with crypto for a long time to come. More than 99.9% of the global money supply is still in fiat and we need to continue building bridges to enable easier flow into crypto. In 2020, we aim to add support for all 180 fiat currencies.”

Binance, arguably the second largest cryptocurrency exchange by average daily trading volume, continues to add more fiat currencies supported by its platform.

Earlier in January, the exchange revealed that it will facilitate euro trading against six cryptos.

In the final week of December 2019, Binance began permitting users to purchase crypto directly via Visa credit and debit cards after offering support for the Japanese yen and the Canadian dollar earlier that month.

Previous Post

Bitcoin Surges to $8,450 as Iran hits US Army Bases in Iraq

Next Post

Siam Commercial Bank Rolls Out App for Real-Time Cross-Border Payments

Related Posts

Lympid Joins Mantra’s Accelerator to Tokenize Luxury Assets

Lympid Joins Mantra’s Accelerator to Tokenize Luxury Assets

by Kelly Cromley
Jun 24, 2025
0

Mantra, a Layer-1 blockchain focused on real-world assets (RWA), has confirmed that Lympid, a platform specializing in the issuance and...

guinevere-capital-partners-with-polemos

Guinevere Capital Partners with Polemos to Boost Web3 Gaming

by Kelly Cromley
Jun 24, 2025
0

Guinevere Capital, a well-established investment firm known for its focus on esports and gaming ventures, has confirmed a strategic partnership...

D'CENT Wallet

D’CENT Expands Web3 Reach with Taiko Partnership

by Kelly Cromley
Jun 24, 2025
0

D’CENT, a pioneer in biometric hardware wallets, has introduced Ethereum Layer-2 solution Taiko as the third featured partner in its...

chromia-partners-with-tac

Chromia and TAC Join Forces to Power Decentralized Telegram Apps

by Kelly Cromley
Jun 24, 2025
0

Chromia has formalized a strategic collaboration with TAC, a purpose-built Layer-1 network focused on resolving compatibility challenges between Ethereum Virtual...

fiserv

Fiserv Enters Stablecoin Arena with FIUSD Launch Plan

by Kelly Cromley
Jun 24, 2025
0

Global financial technology firm Fiserv has revealed plans to introduce its own stablecoin, FIUSD, along with a supporting digital asset...

Midnight Network

Midnight Network Rolls Out Glacier Drop Airdrop to Millions

by Kelly Cromley
Jun 24, 2025
0

Midnight Network, a privacy-oriented blockchain built on the Cardano infrastructure, has announced an expansive airdrop campaign known as the Glacier...

Next Post
Siam Commercial Bank Rolls Out App for Real-Time Cross-Border Payments

Siam Commercial Bank Rolls Out App for Real-Time Cross-Border Payments

  • Collé Ai

    Collé: Pioneering AI Web3 Platform Receives Investment Boost from BlackRock

    by Kelly Cromley
    May 13, 2024
  • Router Protocol and OpenWorldSwap Partnership to Revolutionize DEX Market

    by Kelly Cromley
    Aug 6, 2024
  • Central Bank of Saudi Arabia Teams Up with Ripple to Transform Cross-Border Settlements

    by Kelly Cromley
    Aug 17, 2023
  • GameStop’s Digital Transformation: Embracing Blockchain and NFTs

    by Kelly Cromley
    Feb 2, 2025
  • Blockchain Based Sports Platform SportsMint Unveiled

    by Kelly Cromley
    Apr 30, 2024

Recent News

Lympid Joins Mantra’s Accelerator to Tokenize Luxury Assets
Market News

Lympid Joins Mantra’s Accelerator to Tokenize Luxury Assets

by Kelly Cromley
Jun 24, 2025
guinevere-capital-partners-with-polemos
Market News

Guinevere Capital Partners with Polemos to Boost Web3 Gaming

by Kelly Cromley
Jun 24, 2025
D'CENT Wallet
Market News

D’CENT Expands Web3 Reach with Taiko Partnership

by Kelly Cromley
Jun 24, 2025
chromia-partners-with-tac
Market News

Chromia and TAC Join Forces to Power Decentralized Telegram Apps

by Kelly Cromley
Jun 24, 2025
fiserv
Market News

Fiserv Enters Stablecoin Arena with FIUSD Launch Plan

by Kelly Cromley
Jun 24, 2025

Categories

  • Altcoin News
  • Analysis News
  • Binance Coin News
  • Bitcoin News
  • Blog
  • Cardano News
  • Ethereum News
  • ICO News
  • Legislation News
  • Market Forecasts
  • Market News
  • News
  • Ripple News
  • Solana News
  • Tether News
Trustpilot

Cointrust

  • About Us
  • Contact Us
  • Correction Request
  • Our Team

Legal

  • Disclaimer
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy

Popular

  • ICO Listings
  • Knowledge Base
  • All about Mining
  • Cryptocurrency Exchanges
  • How and Where to buy Cryptocurrency

Sitemap

  • News section
  • Sitemap
  • XML Sitemap

© 2024 CoinTrust.com.

CoinTrustCoinTrust

* DISCLAIMER: All information provided in CoinTrust is merely for informational purposes, we are not an investment advisor and not affiliated with any companies or ICO/Cryptocurrency Projects. To use this website you must accept our cookie policy, Disclaimer and Privacy Policies.

No Result
View All Result
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos

© 2024 CoinTrust.com.

We use cookies to ensure that we give you the best experience on our website.
If you continue to use this site you agree to allow us to use cookies, in accordance with our Cookie Policy.
I Agree