Users can already deposit KGST to prepare for the start of trading. For the convenience of traders, trading bots and Spot Algo Orders will also be available for this pair.
Binance noted that KGST is a fully collateralized stablecoin pegged to the Kyrgyz som (KGS) at a 1:1 ratio. This stablecoin utilizes the BSC (BNB Smart Chain) blockchain, ensuring fast and low-cost transactions, cross-border transactions, and improving financial accessibility while adhering to strict regulatory requirements and reliable reserve management.
“Thanks to the stability of the national currency and the advantages of blockchain, KGST minimizes the volatility of cryptocurrencies and supports Kyrgyzstan's goals in the digital economy. KGST is seen as the preferred digital currency for individuals, businesses, and financial institutions in the region,” Binance added.
Photo on the homepage: overclockers.ru.
