Binance LCX Launches Fiat-to-Cryptocurrency Exchange Service in Liechtenstein

2018-8-17 18:22

Binance LCX has announced the launch of a fiat-to-cryptocurrency exchange platform in Liechtenstein. The announcement follows plans to unveil similar services in Uganda a few months back. Binance LCX is a joint venture between Binance and LCX.

Binance LCX Offers CHF and EUR Trading Pairs for Cryptocurrencies

The Liechtenstein Cryptoassets Exchange (LCX) announced the news in a blog post published on Thursday. According to the announcement, Binance will be responsible for handling the technical aspects of the exchange platform. Binance LCX, for their part, will take care of legal, compliance, and administrative functions such as customer support, liaising with the government, along with know-your-customer (KYC) and anti-money laundering (AML) protocols.

Commenting on the launch of fiat-crypto trading in Liechtenstein, Changpeng Zhao, the Binance CEO, said:

“I believe Binance LCX will create a sustainable and reliable fiat-crypto gateway for professional and regular investors alike. I hope Binance LCX will drive new standards for usability and compliance for the blockchain industry, and we are very excited to bring the relevant experience and best practices to grow our team in Liechtenstein.”

Based on the details revealed in the announcement, the Binance LCX fiat-crypto exchange platform will offer trading between Euros (EUR) and Swiss Franc (CHF) against cryptocurrencies. There are also plans to add more fiat currencies once local regulators give the go-ahead. The platform intends to hire 10–15 people for its operations immediately.

LCX CEO Monty Metzger expressed delight at the prospects of the Binance LCX fiat-to-crypto exchange platform, saying:

“Professional investors need a reliable fiat channel to invest into crypto assets. We are excited to launch the joint-venture with Binance to establish new standards for the blockchain industry.”

Suggested Reading: Learn what we think of Binance in our comprehensive Binance Review.

Why Liechtenstein?

According to LCX, the choice of Liechtenstein has a lot to do with its geographical location at the heart of Europe. The country is also a member of the European Economic Area (EEA), which makes it a prime location for access into the rest of the EU.

Liechtenstein also plans to create a regulatory framework to support cryptocurrency and blockchain technology. The country is set to introduce the Blockchain Act Liechtenstein, which is aimed at providing robust legal backing for the emerging crypto market.

Commenting on the Binance LCX plan, Prime Minister of Liechtenstein, Adrian Hasler, said:

“We welcome Binance LCX to Liechtenstein. Blockchain technologies are laying the basis for an entirely new industry. We are confident that Liechtenstein’s existing and future legal framework and practice provide a robust foundation for the Binance LCX and other Blockchain companies to provide exceptional services here in Liechtenstein.”

The post Binance LCX Launches Fiat-to-Cryptocurrency Exchange Service in Liechtenstein appeared first on UNHASHED.

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lcx binance exchange liechtenstein fiat-to-cryptocurrency announced launches

lcx binance → Результатов: 11


Binance и LCX объявили о совместной платформе в Лихтенштейне

Компании Binance и LCX объявили о запуске криптобиржи Binance LCX. Об этом сообшает Ituber. me. «Новая площадка будет управлять клиентской поддержкой и юридической экспертизой, рассматривать правовые вопросы, вести переписку с государственными органами и заниматься реализацией KYC и AML», — говорится в сообщении.

2018-8-17 16:09


Фото:

Binance и LCX запускают криптовалютную биржу в Лихтенштейне

Совместное предприятие Binance и Liechtenstein Cryptoassets Exchange (LCX) объявило о запуске криптовалютной биржи в Лихтенштейне. Компания Binance LCX предложит пользователям торговлю в парах основных криптовалют к евро (EUR) и швейцарскому франку (CHF).

2018-8-17 15:20


Binance LCX запустила торговлю криптовалютами в паре с фиатом в Лихтенштейне

Binance LCX, совместное предприятие биржи Binance и Liechtenstein Cryptoassets Exchange (LCX), объявила о запуске платформы для торговли цифровыми активами в паре с фиатными валютами. Новая торговая платформа базируется в Лихтенштейне и предлагает торговлю швейцарскими франками (CHF) и евро (EUR) против основных цифровых валют.

2018-8-17 14:11


Фото:

Binance To Launch FIAT To Crypto Exchange In Liechtenstein

Liechtenstein is one of the smallest countries in the world. With a population of 32,000 and an area covering just 62 square miles, Liechtenstein is a country with a lot of character. It’s also the world’s leading manufacturer of false teeth and now the new home of Binance LCX, a partnership between leading cryptocurrency exchange Binance and the Liechtenstein Cryptoassets Exchange (LCX), in a move that hopes to bring citizens in Liechtenstein the opportunity to access a local, but leading FIAT-Crypto exchange.

2018-8-17 13:30


Binance откроет новую биржу с фиатом в Лихтенштейне

Криптовалютные биржи Binance и LCX запустят новую торговую площадку — Binance LCX. Она будет располагаться в Лихтенштейне. Главной особенностью биржи станет обмен криптовалют на евро и швейцарский франк.

2018-8-17 12:23


Binance запускает биржу для европейских криптотрейдеров

Сегодня был запущен совместный проект Binance и LCX — Binance LCX. Первая в мире криптовалютная биржа по объему торгов  скооперировалась с Лихтенштейнской компанией с целью запуска еще одной биржи в Европе.

2018-8-17 10:53


Binance и LCX запустят совместную биткоин-биржу с поддержкой фиатных валют

Биткоин-биржи Binance и лихтенштейнская LCX объявили о запуске новой торговой площадки, Binance LCX, в юрисдикции Лихтенштейна. Keep plowing. pic. twitter. com/btbMAfFlVz — CZ (not giving crypto away) (@cz_binance) 16 августа 2018 г.

2018-8-17 10:35


Binance LCX Fiat to Crypto Exchange Launched, EUR and CFH Trading Pairs Available

Binance LCX is a Fiat to Crypto Exchange for Serious Investors Binance has announced the release of new fiat to cryptocurrency exchange, Binance LCX, in the country of Liechtenstein. The new partnership between Binance and LCX will give users a new technology exchange platform specializing in fiat to crypto. Focal points of the exchange are customer […]

2018-8-16 22:16