Binance Added the Purchase of Cryptocurrencies for the Turkish Lira

From November 15, Binance users became able to buy BTC, ETH and XRP for Turkish Lira (TRY) directly through Papara account. It is a Turkish electronic payment operator licensed to deal with digital currencies by the Turkish regulator.

In addition to transactions with TRY, the exchange supports direct purchase and sale of tokens for fiat currencies such as:

• EUR (EU);

• USD (US);

• RUB (Russia);

• UAH (Ukraine);

• NGN (Nigeria);

• KZT (Kazakhstan).

Transactions are made through a number of payment systems for input and output of funds: Mastercard, VISA, Advcash, WORLD, Bank Transfer.

Binance CEO Changpeng Zhao recently warned that he plans to expand the range of fiat currencies that will be supported by the exchange. On November 13, at Binance Super Meetup, he said that the exchange plans to add national currencies of another 180 countries within 6-8 months.

The introduction of a significant number of fiat pairs will help to attract additional users to the platform, and increase the liquidity of the exchange. Steps have already been taken in this direction this month. On November 5, we wrote that Binance has integrated Advcash support with the calculation in rubles.