Four months after revealing its intentions to open a branch in Uganda, cryptocurrency exchange Binance has announced the official launch of the platform.

The company said in a press release on Monday that it had already started account verification procedures on Binance Uganda, while deposits will be enabled at 10:00 AM Uganda Time (EAT) on Wednesday, October 17. The exchange will initially support BTC/UGX and ETH/UGX trading pairs, with more to be added in future. The start time for trading will be released in a later announcement, Binance noted. It added that users would be exempted from trading fees for the first month.

Binance Uganda will run as an exchange ind…

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