Binance, the largest global exchange has launched direct Ugandan Shilling (UGX) deposits for trading crypto.
This FIAT on-ramp will allow Ugandans to have access to buying selling cryptocurrencies like BTC, ETH, BNB, XRP, BUSD, and USDT with their local currency. At the time of launch, Ugandan Shilling (UGX) deposits can be done through mobile money. On the other hand, traders can withdraw funds through bank transfer or mobile money.
The deposits and withdrawals go through the Flutterwave gateway, the same payment processor Binance uses in Nigeria. To access UGX deposits, you can click on “Wallet” → “Spot Wallet” and find “UGX”. Then click on “Deposit” or “Withdraw” and choose “Mobile Money” or “Bank transfer.”
Before this, Binance launched Binance Uganda, a standalone platform for Ugandans to trade cryptocurrencies. Uganda joins Nigeria, South Africa, and Kenya as African countries supported on Binance.com.
Also read:
- Binance P2P Reviewed For Nigeria (Ultimate How-To Guide)
- Binance In South Africa Review – How-To Guide, Fees, and Limits
- Binance Is Hiring For Top Positions In Africa
The post Binance Launches Direct Ugandan Shilling (UGX) Deposits appeared first on BlockNewsAfrica.
TheBitcoinNews.com – Bitcoin News source since June 2011 –
Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. TheBitcoinNews.com holds several Cryptocurrencies, and this information does NOT constitute investment advice or an offer to invest.
Everything on this website can be seen as Advertisment and most comes from Press Releases, TheBitcoinNews.com is is not responsible for any of the content of or from external sites and feeds. Sponsored posts are always flagged as this, guest posts, guest articles and PRs are most time but NOT always flagged as this. Expert opinions and Price predictions are not supported by us and comes up from 3th part websites.
Advertise with us : Advertise
Our Social Networks: Facebook Instagram Pinterest Reddit Telegram Twitter Youtube