Binance has opened a new fiat on-ramp for the Ugandan Shilling (UGX). Users are now able to deposit Shillings (UGX) via Flutterwave on Binance.com, providing a competitive fiat gateway for Uganda users.
To access this service, users can click on “Wallet” → “Spot Wallet” and find “UGX”. Then click on “Deposit” or “Withdraw” and choose “Mobile Money” or “Bank transfer”. For more instructions, please refer to How to deposit and withdraw UGX on Binance.com. Users need to pass account verification in order to make fiat transactions and increase their limit. Please check out the detailed FAQ about Account Verification requirements for Ugandan Shilling(UGX) channels.
After UGX is deposited into a user’s Binance wallet, users will also be able to buy BTC, ETH, BNB, XRP, BUSD and USDT.
- UGX is fiat currency and does not represent any other digital currencies.
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Binance will make best efforts to choose high quality coins, but will not be responsible for your trading losses.
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