The new news of Binance exchange is about the launch of “latam” cash transfer service for users of nine countries. On Tuesday, this digital currency exchange announced the launch of a cash transfer service. Following this news, Binance said: Latam is a cash transfer service to reduce the burden on users. This service tries to provide remittances to friends and families of users. Through the users of nine countries, Mexico, Honduras, Paraguay, Argentina, Costa Rica, Colombia, Guatemala, Dominican Republic and Panama, they can receive their third party directly in their bank card without any intermediary.
This step forward of the world’s largest exchange in terms of volume of transactions refers to this tool as a bridge for those who use the crypto system and those who rely on the traditional system. According to Min Lin, Regional Vice President of Latin America at Binance: This is another step forward for the Binance exchange, which renews its commitment to the cryptocurrency industry in Latin America, expanding the benefits it offers in terms of financial inclusion and developing new ways of using crypto in everyday life. Thank you for paying attention to this short news!!
What do you think about this move by Binance?