Binance, the second-largest crypto commutation by daily trading volume, has enabled instant purchases of iv major digital currencies with the Russian ruble.

The development allows Binance users to link their Visa cyberbanking card and buy Bitcoin (BTC), Ether (ETH), Binance Coin (BNB) and XRP with the ruble, according to a Feb. 5 declaration. The substitution claims that users can consummate a purchase in less than a infinitesimal and practice not have to make deposits prior to a buy.

In the near time to come, Binance is planning to launch Mastercard support, every bit well every bit other currencies.

One of the top-ten markets on the exchange

Binance silently launched the ruble trading at the end of October 2022, initially allowing users to deposit and withdraw in Russian federation's national currency on the platform. At the time Binance'southward CEO Changpeng Zhao revealed that Russian federation was one of the top x markets on the exchange.

Indeed, a survey past Russian-language crypto news outlet Forklog released last summertime indicated that Binance was the most popular cryptocurrency exchange in Russian federation, Ukraine and Belarus, with nearly 60% of respondents challenge that they adopt Binance rather than other global crypto exchanges.

Binance expands its listing of supported fiat currencies

In December, Binance farther extended trading capabilities for the Turksh lira and added a new trading pair for the lira and the ruble. Binance Turkey'south community director told Cointelegraph that the exchange added order book trading for all of its Turkish lira trading pairs: BTC, ETH, XRP, BNB, Binance USD (BUSD), and Tether (USDT). Previously, these trading pairs had only been bachelor every bit 1-click buys or sells directly to and from the exchange.

Recently, Binance launched peer-to-peer trading for the Vietnamese dong, enabling its users to directly buy and sell major cryptocurrencies using dong through the latest versions of the Binance P2P mobile app on iOS and Android.