The world biggest exchange for crypto in the world, Binance has launched its fiat-to-crypto exchange in Uganda on October 24th according to the official announcement from Medium.
With the first crypto and fiat related exchange going live, Binance Uganda has launched trading too enabling users to buy the two biggest cryptos in the space, Bitcoin and Ethereum with the local fiat currency, Ugandan shillings.
Last week, the exchange revealed that Binance Uganda would open this week. The statement today reads that BU is also a stepping stone to expanding the crypto exchange markets for a more inclusive ecosystem which will involve the traditional currencies.