Binance Uganda Begins with BNB/UGX and PAX/UGX Token Trading Pairs


Binance Uganda, the Ugandan version of the world crypto exchange in the world, has recently announced that it would open two new trading pairs in November 15.

The pairs will be available from 10 am (EAT) onward and will be Binance Coins vs fiat (BNB/UGX) and Paxos Standard tokens vs fiat (PAX/UGX).

According to the post, users will now be able to start depositing BNB and PAX tokens to prepare for trading. The trading will use the normal Binance fees and rules.

About Binance Uganda

Binance Uganda is the national version of Binance in Uganda, as you might have guessed by its name. This new section of the company was started in 2018 mainly due to the needs of Ugandan crypto users to have UGX trading pairs in their countries.

This version of Binance is still largely less developed than the international version of the company but it is useful for users who need to trade using their national fiat cash.

Binance Tokens are the official tokens from Binance that can be used to get discounts on the fees while trading and Paxos Standard Tokens (PAX) are stablecoins that are were recently launched.

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