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Welcome Binance Uganda

Yes you read it right! Binance Uganda, which would kickoff tomorrow, 17th of October 2018 and it would be the first Local Fiat- Crypto Exchange in Uganda.

According to Binance,

users can now complete full account verification and are able to start depositing funds in UGX, BTC and ETH starting from 2018/10/17 10:00 AM Uganda Time (EAT).

The first available trading pairs on Binance Uganda will be BTC/UGX and ETH/UGX trading pairs. The start time for trading will be released in a later announcement.

Prior to this, ugandians had to trade via peer to peer services as Paxful and Localbitcoin were not available for trading in Shillings..

The launch of Binance Uganda would help fix this and also increase safer trading activities of cryptocurrencies in Uganda..