{"id":260108,"date":"2020-05-12T17:46:37","date_gmt":"2020-05-12T21:46:37","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=260108"},"modified":"2021-08-25T06:27:26","modified_gmt":"2021-08-25T10:27:26","slug":"binance-now-supports-zar-trading-pairs","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/binance-now-supports-zar-trading-pairs","title":{"rendered":"Binance Now Supports ZAR Trading Pairs"},"content":{"rendered":"
Binance, the world’s largest cryptocurrency exchange in terms of volume, now supports withdrawal and deposit in the South African Rand currency. According to a blog post from the group<\/a>, users can now trade the ZAR with Bitcoin, BNB, Ethereum, and other assets on the platform.<\/p>\n The platform integrated the ZAR trading pair today, and banks who support the “Faster Payments Service” will see their user’s currency being available within a half-hour.<\/p>\n To celebrate, Binance is holding a promotion:<\/p>\n “To celebrate the launch, Binance is holding a trading promotion for all ZAR trading pairs (BTC\/ZAR, BNB\/ZAR, ETH\/ZAR, BUSD\/ZAR, and USDT\/ZAR). There is a $1,000 prize pool to be shared between ten lucky users who trade ZAR on Binance.com during the promotion period.”<\/p><\/blockquote>\n Anyone who trades in ZAR will automatically be entered into the draw, which will be provided in Bitcoin. This will run until May 20, 12:00 AM GMT. Prizes will then be distributed on the 25th.<\/p>\n Recently, Binance and BitPay partnered to push Binance’s BUSD<\/a> stablecoin to more users, as InsideBitcoins has previously reported on. Users on the platform are able to spend BUSD on any payments made within the network.<\/p>\n The goal, of course, is to push stablecoins throughout the rest of the world. These fiat-tied digital assets are ideal for bringing in new users.<\/p>\n","protected":false},"excerpt":{"rendered":"