Binance Jersey Lists GBP-Backed Stablecoin ‘BGBP’ to its Fiat-to-Crypto Exchange
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Binance Jersey, the fiat-to-cryptocurrency platform for the buying and selling of cryptocurrencies with Euros (EUR) and British Pounds (GBP), today announced it has listed a GBP-backed stablecoin, Binance GBP Stablecoin (BGBP). Binance looks to continue providing more options in the cryptocurrency and stablecoin space and providing its European users with a better trading experience.
Wei Zhou, CFO of Binance, said:
“There has been an overwhelming demand in the market and Binance community for more stablecoin diversification, including a GBP-pegged stablecoin, and listing BGBP is in response to it. Use cases and the utility of stablecoins have increased as well as BNB, which has tripled since the beginning of the year and continuing to grow rapidly with the advancement of Binance Chain.”
The Binance Jersey team is anticipating additional cryptocurrencies to add to the fiat-to-cryptocurrency exchange in the future while further developing the platform’s robust technology and customer experience.
About Binance Jersey
Binance Jersey provides secure and reliable trading of the Euro (EUR) and British Pound (GBP) with Bitcoin (BTC) and Ethereum (ETH), in addition to digital asset management services to users from around the world. For more information, visit: https://www.binance.je/
About Binance Exchange
Binance Exchange is the leading global cryptocurrency exchange by trading volume, with users from over 180 countries and regions. Capable of processing more than 1.4 million orders per second, Binance is one of the fastest cryptocurrency trading platforms in the world.
The platform focuses on security, robustness and execution speed — attracting enthusiasts and professional traders alike. For more information, visit: https://www.binance.com
About Binance
Binance is a blockchain ecosystem comprised of several arms to serve the greater mission of blockchain advancement and the freedom of money. Binance Exchange is the leading global cryptocurrency exchange by trading volume, with users from over 180 countries and regions.
The Binance ecosystem is also comprised of Binance Labs (venture capital arm and incubator), Binance DEX (decentralized exchange feature developed on top of its native, community-driven blockchain software system, Binance Chain), Binance Launchpad (token sale platform), Binance Academy (educational portal), Binance Research (market analysis), Binance Charity Foundation (blockchain-powered donation platform and non-profit for aiding in sustainability) and Trust Wallet (its official multi-coin wallet and dApps browser).
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