Bucharest, Cluj- Napoca, November 15, 2024 – RBJ – Binance, the global crypto platform with the largest trading volume in the world, integrates the services of Tradesilvania Infrastructure, a local crypto infrastructure services company. Binance customers and people interested in purchasing cryptocurrencies can do so directly with Lei through multiple payment methods after integrating Tradesilvania Ramp solution into Binance.
Romania is one of the most important markets in the European Union for Binance, according to Binance data.
On the Binance platform, users can buy over 50 cryptocurrencies, including Bitcoin, Ethereum, MultiversX (formerly Elrond) and USDC (USD Coin – tokenized US dollar) directly with lei through Tradesilvania Ramp, using cash payment at over 32,000 terminals in Romania and by direct bank transfer.
Tradesilvania Ramp is an on-ramp web3 crypto solution that simplifies the conversion of Fiat, including Lei, Euro and USD, into cryptocurrencies, and is being used in over 30 local and international projects.
“This partnership between Binance and Tradesilvania is Binance’s first on-ramp with a company in the region. Basically, users can buy crypto on Binance with cash which is a rarity both in Europe and globally. Moreover, the integration into the national banking system ensures fast transfers of large volumes in lei. In a country like Romania, where cash is used very often, there was a need for a secure channel, compliant with the legislation that allows the transition from cash to crypto. Thus, we are talking about a partnership that facilitates access to the crypto market for Romanian users who want to trade in the local currency, and the implementation of the on-ramp solution on Binance is a major step in our mission to make the crypto space more accessible and easier to use,” said Răzvan Moldovan, co-founder of Tradesilvania.
The Tradesilvania platform has over 60,000 users.
Tradesilvania works with banking institutions and payment service providers to offer secure and efficient infrastructure solutions dedicated to the crypto space. The platform is registered at the National Office for the Prevention and Combating of Money Laundering (ONPCSB), ensuring compliance with the regulations in force.
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Tradesilvania is a digital asset infrastructure provider, dedicated to simplifying access to the crypto market both at the user level and at the web3 project or enterprise level. With its security and compliance-oriented approach, the Tradesilvania.com platform provides a secure and easily accessible trading environment. Projects implementing Tradesilvania Ramp offer users the ability to purchase cryptocurrencies such as Bitcoin, Ethereum and EGLD using RON, EUR and USD through https://tradesilvania.com.
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Binance is the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, with a suite of financial products that includes the largest digital asset exchange by volume. Trusted by millions of people around the world, Binance’s platform is dedicated to increasing the freedom of money for users and features a unique portfolio of crypto products and offerings including: trading and finance, education, data and research, social good, investment and incubation, decentralization and infrastructure solutions and more.
