Binance is planning to introduce crypto to fiat trading pairs, according to multiple recent reports. Binance is currently the leading exchange in terms of daily trading volume, with more than $1.3 billion in trade and is slightly ahead of OKEx.

The exchange will use its new base at Malta to introduce the new service and set up a new platform based in Malta to offer crypto-fiat pairs. Binance CEO Zhao also revealed his plans to expand operations of the exchange to the Channel Islands as it is waiting to receive a license from the authorities at Jersey. The company is also in talks with authorities and banks in Taiwan.