Months after announcing the launch of Ugandas first-ever fiat-crypto exchange, Binance has made another step towards facilitating cryptocurrency trading in the East African country.
Beginning October 17, users will be able to make deposits to Binance Uganda in the leading cryptocurrencies bitcoin and ethereum as well as in Ugandan Shillings. This will allow trading in bitcoin to Ugandan shillings and vice versa as well as ethereum to Ugandan shillings and vice versa. However, trading in the BTC/UGX and ETH/UGX pairs will not commence immediately and will be announced at a later date.
Trading on Binance Uganda will open soon with BTC/UGX and ETH/UGX trading pairs. The start time for trading will be released in a later announcement, the cryptocurrency exchange wrote in a statement.
https://www.ccn.com/binance-uganda-to-begin-accepting-deposits-in-ugandan-shilling-btc-eth/