Binance plans to add 180 fiat currencies.
One of the key things I want to do for the next few months six to nine months or so is to get those other 180 onboarded onto Binance.com, CZ said.
https://micky.com.au/binance-to-onboard-180-new-fiat-currencies/In your opinion, do you think this is a step in the right direction? Would this play a crucial role in the adoption of Cryptocurrencies worldwide? Binance has always been a pace setter, starting from IEOs to margin trading and now fiat currencies, it's likely that we would be entering an era where other exchanges would be scrambling to onboard fiat currencies too and this would definitely make it easier for people to access Cryptocurrencies from their countries.
Trading crypto currencies will not help for the adoption so no need to get confused with that.
If they are going to implement more fiat deposits and withdrawals then I feel that they want to become monopoly of crypto trading ant its really not good for the traders as well,so people have to be aware of doing trading and risks.But the good thing is you can directly buy fiat and crypto so it can save time and money.