1. Binance to Launch Korean Crypto Exchange on Binance Cloud.
2.Bittrex Global launches Euro-crypto currency pairs trading with zero fees.
1. Binance to Launch Korean Crypto Exchange on Binance Cloud.
World’s biggest cryptocurrency exchange Binance has launched the crypto-to-crypto exchange for South Korean market named Binance KR, the first global use case of Binance Cloud solution which unveiled last month. The announcement is published via official Binance blog .
Binance KR will be the first trading platform to be made with the assistance of Binance Cloud. The local trading platform will offer its South Korean clients all the core functionalities of the main exchange. These functionalities incorporate the spot trading liquidity, the matching engine and security.
Binance has also launched Binance KRW (BKRW), a BEP-2 stable coin which is pegged to KRW by doing a partnership with BxB, Inc. of South Korea. BKRW token will be available for trading at a rate of 1 BKRW = 1 KRW ( South Korean won ). BKRW has as of late been listed on Binance.com.
Binance CEO Changpeng Zhao (CZ) said:
“We are pleased to provide a digital asset platform for users in Korea to bring the trading depth, security and transaction speed of Binance.com to Binance KR. Our decision to list BKRW trading pairs will allow us to seamlessly connect crypto to the South Korean won in order to expand our local services.”
Binance KR will bolster open trading for BTC, ETH, BNB, and BKRW, soon to be followed by USDT and BUSD. Moreover, Korean clients will have the option to easily convert South Korean Won into BKRW stablecoin, which would then be able to use for trading.
The exchange will be ready for registration and deposits on April 2, 2020, open for trading on April 4, 2020, and ready for users to withdraw their funds on April 9, 2020.
About Binance KR
Binance KR is a crypto-to-crypto exchange for Korean users that use the core functionalities of Binance, such as the market’s most profound spot trading liquidity, most hearty coordinating engine and state-of-the-art security, custody, and risk controls.
2.Bittrex Global launches Euro-crypto currency pairs trading with zero fees.
Leading worldwide cryptocurrency exchange, Bittrex Global has launched direct fiat-to-crypto trading pairs for its European users, an element which permits them to buy, sell, and trade different cryptocurrencies against the EURO. The announcement is published via Bittrex Twitter post on March 30, 2020. its European market will go live at 5:00 UTC on March 31.
We are excited to launch Euro Markets! BTC-EUR, ETH-EUR, USDT-EUR, BSV-EUR and TRX-EUR wallets are now open. Markets of these trading pairs will begin trading at 5:00 UTC on March 31st. For more information visit: https://t.co/APE4e4NLHF. #EUR #BTC #ETH #USDT #BSV #TRX pic.twitter.com/Bmonwr8oNh
— BittrexGlobal (@BittrexGlobal) March 30, 2020
Customers will be able to trade cryptocurrencies with EUR without trading fees on Euro markets until April 30.
Bittrex added several crypto/EURO trading pairs, including BTC/EUR, ETH/EUR, USDT/EUR, BSV/EUR, and TRX-EUR, for users in exchange plans to include more tokens on a weekly basis.
The minimum amount users can deposit and withdraw on the exchange is 20 EUR and 10 EUR, individually, while including that there is no maximum deposit and withdrawal limit.
Bittrex customers in Europe would never again need to convert their funds to USD before trading on the platform, as users can now directly use their credit and debit cards, SEPA payments, among others, for deposit and withdrawal services.
