Binance CEO Changpeng Zhao has announced the fiat-to-crypto exchange Binance Singapore will launch sometime in April. Zhao shared the news at the Deconomy crypto conference underway in South Korea. At the moment, the exact date of the launch is still not official. "You will be able to activate the exchange service in mostly Singapore dollar," he said.
The company has also made an official announcement on Twitter.
"#Binance Singapore will come online in April. It will be our next Fiat to Crypto exchange servicing $SGD " - @cz_binance #deconomy2019 #Binance
— Binance (@binance) April 4, 2019
Zhao has also revealed Binance DEX will also become fully operational this month. The decentralised crypto exchange powered by the firm’s new blockchain, Binance Chain, entered the public testnet phase in February.