Coinsfera, an exchange with branches in Istanbul, Turkey and Dubai, United Arab Emirates (UAE), which based on trading cryptocurrencies with cash, has recently announced the listing of Binance Coin (BNB). The exchange stressed that the listing will make the digital currency acceptable in its offices in Dubai and Istanbul.
Addition of any kind of digital asset is always seen as a means to enhance its reach. When the use of a commodity increases, there is possibility of the increase in value of such commodity. This same applies to the recent addition of Binance Coin (BNB) on Coinsfera, which is also seen as a means to expanding the use of BNB coin to Turkey and United Arab Emirates (UAE) customers.
The cryptocurrency exchange made this known on its official twitter handle few hours ago.
The exchange also stressed its offering of face to face conversion of Binance Coin to United Arab Emirates Dirham (AED) and Turkish lira (TRY) and vice versa.
Coinsfera offers almost immediate face-to-face transactions for Binance Coin in $AED, $TRX, among others.
To celebrate the new listing, the exchange also announced the giveaway of allotted Binance Coin (BNB) to its dedicated customers, adding that the details of the BNB airdrops will be subsequently communicated.
Binance CEO, Changpeng Zhao Showcases His Excitement over the Addition of BNB
Binance CEO, Changpeng Zhao, popularly known as CZ in the crypto community, showcased his excitement on the addition of BNB on the Coinsfera exchange.
CZ stressed in his response to the exchange’s tweet, that BNB has garnered lots of popularity and has reached where Binance exchange cannot reach.
— CZ Binance (@cz_binance) September 16, 2019
Binance Futures Is Possibly with Flaws
On 6th September, a twitter user identified as doublejump informed the crypto space about the flaws that could come with Binance futures. He made this known in a series of tweets, stressing that the options being considered by Binance lacked basic and important features.
However, the Binance futures platforms later went live as reported by Today’s Gazette on 12th September, 2019. According to the report, Platform A was perfected by the development team of Binance, while Platform B came from Binance’s recently acquired JEX exchange.