Binance has swiftly secured new partnerships with regulated fiat providers, following the cessation of its original Euro banking partner, Paysafe. The exchange has already begun migrating users to these services. The collaborations enable Euro transactions via Open Banking and SEPA/SEPA Instant, along with crypto trades using bank cards and fiat balances. Binance also facilitates buying and selling crypto with SEPA/SEPA Instant. This move is crucial in simplifying the conversion between fiat and crypto, an essential step in advancing global digital asset adoption. Binance underscores the importance of user-friendly processes for newcomers, emphasizing the need for intuitive crypto transactions.
