Binance LCX Fiat to Crypto Exchange Launched, EUR and CFH Trading Pairs Available
Binance LCX is a Fiat to Crypto Exchange for Serious Investors
Binance has announced the release of new fiat to cryptocurrency exchange, Binance LCX, in the country of Liechtenstein. The new partnership between Binance and LCX will give users a new technology exchange platform specializing in fiat to crypto. Focal points of the exchange are customer support and security among other vital areas.
There is a need for serious communication with the government to ensure that all regulations are met. And as of now, they are hiring 10-15 people who need to fill spots on the team. The new exchange primarily depends on Swiss Francs (CHF) and Euros (EUR), paired with the most trusted cryptocurrencies on the planet.
Keep plowing. pic.twitter.com/btbMAfFlVz
— CZ Binance (@cz_binance) August 16, 2018
Will Binance LCX Be The Best Fiat to Crypto Exchange?
The team at Binance LCX believes they will be responsible for creating one of the most reliable fiat to crypto exchanges, designed strictly for the users who want to stay in compliance with federal and international regulations. Professional investors are the target audience for the trade, that is exciting to launch the new platform for the blockchain industry.
Liechtenstein is said to be the perfect place for the new exchange to function as the center of the exchange hub for the European cryptocurrency market. Also, the new location gives users throughout Europe access as well as visitors to the continent. All legal responsibilities will be provided by Blockchain Act Liechtenstein, which will be used to support the entire cryptocurrency community in the country.
They are also excited to welcome the partnership to the country, as they see the importance of blockchain technology in the modern world. They are fully confident in the services of the two companies in that they will provide a suitable experience for users on the platform.
— LCX (@lcx) August 16, 2018
What are you're thoughts on the new Crypto to Fiat exchange? Only time will tell how many fiat pairs they actually are allowed to add to the exchange. The last tweet we linked to shows Ripple SVP also at the meeting, so it could be interesting to see what comes out of that.
Leave your answers and reasons for them in the comment section below.