Bitcoinnews
NEWS: Binance launches fiat-to-crypto exchange in Uganda⠀
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Cryptocurrency exchange Binance has announced a venture in Uganda.⠀
Binance Uganda enables users to deposit Ugandan Shillings (UGX) to trade with Bitcoin and Ethereum.⠀
The move by CEO Changpeng Zhao, commonly referred to as ‘CZ’, is not only significant for the African cryptocurrency community, but also for the company itself as this is its first attempt at a fiat-based exchange.