Binance Adds South African Rand (ZAR) Fiat Gateway
Binance Adds South African Rand (ZAR) Fiat Gateway. Binance is pleased to offer deposits and withdrawals of South African Rand (ZAR) as part of Binance’s mission to increase the adoption and mainstream accessibility of crypto. Users will be able to deposit and withdraw ZAR to and from their Binance wallets via Instant EFT.
This service will be rolled out in two phases: Phase 1: Deposits and Trade – With immediate effect, Binance users are now able to deposit ZAR into their Binance wallets, and purchase BTC, BUSD, ETH, USDT and BNB with their ZAR balance. Phase 2: Withdrawals – From 2022-08-25 08:00 (UTC) onward, ZAR fiat withdrawals will be enabled for all Binance users. All users need to complete KYC to make ZAR deposits and withdrawals on Binance.
Binance is the world’s leading blockchain and cryptocurrency infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. Trusted by millions worldwide, the Binance platform is dedicated to increasing the freedom of money for users, and features an unmatched portfolio of crypto products and offerings, including: trading and finance, education, data and research, social good, investment and incubation, decentralization and infrastructure solutions, and more.
This is an opportunity for South Africans who want to use the world’s leading blockchain and cryptocurrency company for their cryptocurrency investing or trading. Binance seeks to make sure that it expands to as many regions as possible so that it can educate as many people as possible about cryptocurrency.
