Binance, the second-largest exchange by daily trading volume, has extended trading capabilities for the Turkish lira (Endeavor) and added a new trading pair for the lira and the Russian ruble (RUB).

Binance users can now merchandise Tether (USDT) against the Turkish lira (USDT/Endeavor) and the Russian ruble (USDT/RUB). According to an official announcement on Dec. 25, the exchange opened trading for the new pairs on Binance on Dec. 25 at 8:00 AM UTC.

In addition, Binance Turkey's customs manager told Cointelegraph that the substitution has added society book trading for all of its Turkish lira trading pairs: BTC, ETH, XRP, BNB, BUSD, and now USDT. Previously, these trading pairs were only available equally one-click buys or sells straight to and from the exchange.

Screenshots of Turkish lira trading pairs available on Binance

Screenshots of Turkish lira trading pairs available on Binance

Binance expands supported fiat currencies

The news comes soon subsequently Binance launched fiat onramps of Turkish and Russian national currencies.

As previously reported by Cointelegraph, Binance first silently launched RUB trading on October. thirty, initially assuasive users to deposit and withdraw in Russia's national currency on the platform. While crypto purportedly still remains unregulated in Russia, Binance CEO Changpeng Zhao (CZ) says that the country is among the top 10 markets on Binance.

A Turkish lira fiat gateway was first launched on Binance in mid-November, when the platform added support for buying Bitcoin (BTC) and other cryptocurrencies with TRY via local digital wallet partner Papara. As reported at the time, Attempt support was limited to just purchasing cryptocurrencies every bit Binance didn't officially country that selling crypto with Papara was available.

The new TRY listing join three TRY trading pairs launched on December. 20. As Cointelegraph Turkey reported, those trading pairs included BNB/TRY, BUSD/Effort and BTC/Attempt.

Past launching Turkish lira onramp in November, Binance was manifestly a pace alee of Singapore-based crypto exchange Huobi, which appear its plans to launch a fiat gateway for the Turkish lira in October only has still to launch information technology so far. In line with Huobi's plans for Turkey, the company appointed the new general director for Huobi Turkey in mid-Dec. Binance has been similarly looking for employees to found information technology office in Turkey, as reported past Cointelegraph on December. 6.

Erhan Kahraman contributed to this report from Turkey.