Binance Enters Uganda
Binance exchange has announced the launch of Binance Uganda, its first fiat to crypto exchange.
“Binance is excited to announce our first fiat crypto exchange – Binance Uganda! Registrations for Binance Uganda will open from today, and the first 20,000 users to register on www.binance.co.ug will each be rewarded with 0.5 BNB,” the Binance team declared.
Why Uganda?
Generally speaking, unlike the technology and internet revolutions that succeeded in eluding Africa, the continent has since embraced the cryptocurrency revolution, and Uganda is one of the nations occupying the frontline with its relatively vibrant cryptospace.
“What I have earned in one and a half years from bitcoin is more than I earned in 10 years as a teacher. I am living on bitcoin because getting a job in this country is not easy,” a Ugandan bitcoin trader told Aljazeera in March 2018.
It’s worthy of note the Binance-Uganda relationship has been waxing stronger since April 2018, when CEO of Binance, Changpeng Zhao visited the East African nation and pledged to support the country’s economic development with blockchain technology while creating employment for the youths.!
What do you think about this step of binance ???
Source .www.btcmanager.com
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