Binance, one of the world’s largest cryptocurrency exchanges, on Monday unveiled that it will now enable customers to sell their digital assets straight for fiat currency through its sell-crypto-for-fiat feature. This new feature will be accessible to all cryptos supported by Binance and permit customers to sell using their credit or debit cards. As per the announcement, this feature supports 11 fiat currencies that include the Australian dollar (AUD), United Arab Emirates Dirham (AED), Bulgarian Lev (BGN), Czech Koruna (CZK), Danish Krone (DKK), Euro (EUR), Great Britain Pound (GBP), Croatia kuna (HRK), New Zealand Dollar (NZD), Poland Zloty (PLN) and Ukrainian hryvnia (UAH). For Binance users to buy and sell cryptocurrencies for fiat money, they need to complete account verification to increase their withdrawal limits and transfer funds to their Debit/Credit Cards. Verification is a simple process that only takes a few minutes, and Binance assured its users that their personal data will be kept safe and confidential. With this new development, Binance continues its commitment to providing the best possible experience for its users. Binance Sell-Crypto-for-Fiat Feature Powered by Third-Party Partners Additionally, the company stated that these features are made available through the services of third-party partners and reminded users that they are not responsible for any lost funds. Binance stated, “It is important to note th...
