This article contains referral links. Know more. Binance enables the BTC/ARS pair for trading. From today June 21 onwards, Binance users who own Argentine pesos will be able to exchange bitcoin (BTC) directly with them, without having to convert their local currency into another cryptoactive.
Spot trading window already supports exchanges between Argentine peso and bitcoin (BTC). Source: Binance The consequence of the inclusion of the BTC/ARS pair in spot is the expansion of Binance’s functionality for Argentine users. Now the user You will be able to have liquidity in Argentine pesos within the platform to buy bitcoin in spot immediately at market price or limit order. You will also be able to change from bitcoin to Argentine peso in a matter of seconds and without additional steps. Before, to buy BTC with their national currency, the Argentine user had to go through P2P commerce or make a purchase with a credit card, options that are slower. According to the official statement from the cryptocurrency exchange, two other trading pairs were added at the same time to the list of spot assets, and both involve another fiat currency: the Turkish lira (TYR). Both pairs (OP/TRY and PAXG/TRY) include the Optimism (OP) cryptocurrency, the second layer of Ethereum, and Pax Gold (PAXG) a gold-backed and anchored cryptocurrency.
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