Binance Enables Instant Deposits For The South African Rand (ZAR)

August 22, 2022 — Binance, the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, today announced that it has added a fiat gateway for the South African Rand as it expands its product offerings and bolsters its local presence in the region. This development will enable South African users to make fast, secure deposits via Instant EFT as Binance remains committed to increasing the adoption and mainstream accessibility of crypto. 

Users are now able to deposit South African Rands (ZAR) into their Binance wallet instantly and buy crypto, providing a new and competitive fiat gateway for South Africa. They will also be able to convert ZAR into BTC, BUSD, ETH, USDT and BNB. 

“Our goal at Binance has always been to drive crypto adoption and promote financial accessibility. We are thrilled to be taking this next step in making access to digital assets more effortless for South Africans.” said Hannes Wessels, Country Lead for Binance in South Africa. 

Binance launched in July 2017 as a crypto-to-crypto exchange and within six months, became the world’s largest crypto exchange. Today, Binance is a global blockchain ecosystem spanning

across trading services, infrastructure solutions, educational resources, research, social good and charitable programs, investment and incubation initiatives, and more. By providing access to broad financial tools while maintaining one of the lowest fees in the business, Binance is making crypto accessible to everyone in South Africa and beyond. 

### 

About Binance 

Binance is the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. Trusted by millions worldwide, the Binance platform is dedicated to increasing the freedom of money for users, and features an unmatched portfolio of crypto products and offerings, including: trading and finance, education, data and research, social good, investment and incubation, decentralization and infrastructure solutions, and more. For more information, visit: https://www.binance.com 

Media Contacts: 

Binance: pr@binance.com 

Disclaimer and Risk Warning: This content is presented to you for general information and educational purposes only, without representation or warranty of any kind. It should not be construed as financial advice, nor is it intended to recommend the purchase of any specific product or service. Digital asset prices are subject to high market risk and price volatility. The value of your investment can go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. For more information, see our Terms of Use and Risk Warning. 

• SEO Powered Content & PR Distribution. Get Amplified Today.
• Platoblockchain. Web3 Metaverse Intelligence. Knowledge Amplified. Access Here.
• Source: https://blocknewsafrica.com/binance-enables-instant-deposits-for-the-south-african-rand-zar/?utm_source=rss&utm_medium=rss&utm_campaign=binance-enables-instant-deposits-for-the-south-african-rand-zar