In June this year, Binance announced the launch of Binance Uganda, a fiat-cryptocurrency exchange in a move aimed at showing its commitment to Uganda. Registrations on the platform were opened up on June 28, 2018. However, it wasn't yet live.
Today, the crypto exchange has announced that it is now live. "We are delighted to announce the official launch of Binance Uganda Exchange," wrote Binance.
Binance users are therefore able to do full sign ups as well as make deposits. "Deposits for Ugandan Shillings (UGX), BTC and ETH will open starting from 2018/10/17 10:00 AM Uganda Time (EAT)," wrote Binance.
Though Trading is yet to be activated with only a few select coins allowed on the platform. "Trading on Binance Uganda will open soon with BTC/UGX and ETH/UGX trading pairs," Binance said. "The start time for trading will be released in a later announcement."
There's been growing impatience in the Binance Uganda telegram group as many thought the crypto startup had perhaps called off the launch.
It should be noted that users for Binance will be required to create new accounts to access the Binance Uganda platform. Additionally, the fiat-crypto exchange won't allow listing of other coins ---at least for now.