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Binance Enables GBP Faster Payments Service; Adds Support for AUD and THB

Leading cryptocurrency exchange Binance has added support for two new fiat currencies for its direct fiat-to-crypto buying options, and enabled the U.K.’s Faster Payments Scheme (FPS) for British pound (GBP) transfer.


Binance has announced it’s enabling the U.K.’s Faster Payments Scheme, which will allow Binance users to make “near-instantaneous low-fee” GBP bank transfers to and from the trading platform. The FPS is a banking initiative in the country that reduces payment times between banks’ customers from a few working days to mere seconds.


Currently, only a small amount of cryptocurrency exchanges enabled FPS. These include Coinbase, Blockchain.com’s The Pit, Coinfloor, and CEX.io. Binance’s CEO Changpeng Zhao was quoted as saying: Read More...

Support for AUD and THB
Faster GBP Payments

#Binance

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