Binance Supports Thai Baht in Collaboration with Regulated Thailand Crypto Exchange Satang
- With Thai Baht, Binance now supports 21 fiat currencies
- The leading cryptocurrency exchange also announced support for Polish Zloty (PLN) and Swedish Krona (SEK)
- Support for Mastercard will also be coming in the near future
Binance is adding yet another fiat option, Thai Baht by collaborating with the regulated digital asset exchange in Thailand, Satang Corporation. They will be using recently launched API Portal technology of Satang that will allow users to deposit and withdraw Thai Baht directly to their Binance accounts. Poramin Insom, CEO and co-founder of Satang and also the creator of Zcoin said,
“We are proud to collaborate with Binance in bringing digital assets to the masses in Thailand and moving Thailand's Digital Economy forward. This marks a remarkable development in Thailand's digital asset ecosystem and focuses on the technology powering the space, not just as an alternative to fiat currency.”
The oldest operating digital asset exchange in Thailand is certified with ISO 27001:2013 and ISO 27701:2019 that offers instant deposit and withdrawal Thai Baht service.
Now with Thai Baht support, Binance’s tally for Fiat Gateway has reached 21 including Argentine Peso (ARS), Mexican Peso (MXN), Euro (EUR), Canadian Dollar (CAD), the United States Dollar (USD), British Pound (GBP), Chinese Yuan (CNY), Colombian Peso (COP), Vietnamese Dong (VND), Indonesian Rupiah (IDR), Nigerian Naira (NGN), Russian Ruble (RUB), and Turkish Lira (TRY).
In a blog, Binance also announced support for Polish Zloty (PLN) and Swedish Krona (SEK). The exchange’s users will now be able to bind their Visa cards and purchase Bitcoin (BTC), Ethereum (ETH), XRP, and Binance’s native token BNB with both of these fiat currencies.
The exchange is also planning to add support for Mastercard and additional currencies in the near future.