Gulf Binance, a joint venture between global cryptocurrency giant Binance and Thailand's Gulf Innova, has initiated its public cryptocurrency trading services. The project follows a successful limited invitation-only testing phase in November of the previous year.
According to a statement by Binance, Gulf Binance, which was set up through a collaboration between Binance Capital Management's subsidiary and Gulf Energy Development Company, has commenced full operations of its new cryptocurrency exchange and brokerage platform, Binance TH.
Thai users now have the ability to buy and sell cryptocurrencies using their local currency pairs through the Binance TH platform. The statement further revealed that, for its crypto brokerage services, Binance TH integrated its order book with Binance Kazakhstan, a crypto exchange dutifully regulated by the Astana Financial Services Authority.