Cryptocurrency exchange Binance has announced that it has partnered with a number of fiat service providers for payments, deposits, and withdrawals in euros (EUR).
Binance's search for new partners in Europe began after Paysafe, the exchange's former EUR service provider, stopped serving the cryptocurrency exchange's users in September.
According to details published on Binance's website, the fiat services offered by the new partners to the exchange's users include:
- Euro deposits and withdrawals via Open Banking and SEPA/SEPA Instant.
- Cryptocurrency buying and selling via SEPA/SEPA Instant.
- Buying and selling cryptocurrency using bank cards.
- Buy and sell cryptocurrency with fiat balances.
- Euro spot pairs for all users.
The company emphasized that with these improvements, users can expect more control and flexibility in managing their finances.
"The ability to easily convert fiat to and from cryptocurrency is an important part of the advancement of digital assets worldwide," the exchange said in an announcement.
It's worth noting that the exchange didn't name the new service providers in either the email or the blog post, but regardless, Binance's current initiative shows the exchange's continued commitment to solving problems by providing a seamless service to its users.
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