Crypto Exchange Binance Is Setting Up Shop in Singapore This Month

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Cryptocurrency exchange Binance is launching a new fiat-to-crypto exchange in Singapore later this month.

It will be our next Fiat to Crypto exchange servicing $SGD.".

At the time, he said that Binance plans to launch fiat-to-crypto exchanges on almost every continent.

As pledged, Binance has been rapidly expanding its operations globally.

In January, it launched a fiat-to-crypto exchange on the island of Jersey.

It also launched a fiat-to-crypto exchange in Uganda.

In another tweet, Zhao also provided an update on the exchange's upcoming decentralized exchange, Binance DEX, at the Seoul event, saying that the mainnet launch is expected to take place this month.

Binance DEX is built on the exchange's native public blockchain, Binance Chain.

A video demo released in December showed that Binance DEX will have a very similar interface to its existing centralized exchange, with some additional features.

Finally, Binance announced Wednesday that its official cryptocurrency wallet, Trust Wallet, will have a staking feature by the end of the second quarter.

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