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The murmurs have been heard, the rumbling has been felt, and today it became official: Binance is ready to roll out into South Africa. Through an announcement kicked off by CEO Changpeng Zhao (CZ), Tanya Knowles explained the company’s plans to establish their presence in the country.

Binance CEO CZ introducing new Binance SA Country Manager at Blockchain Africa 2020. Pic: Simon Dingle

It was officially announced by CZ that Tanya would be taking up the position of Country Manager for Binance South Africa. Previously Business Manager at Adhara, a liquidity management firm in South Africa, Tanya has extensive experience in blockchain and digital assets. She was the chairperson of the SA Financial Blockchain Consortium and also the SA ambassador to the Global Blockchain Business Council, as well as being a faculty member of Singularity University SA.

Tanya began her first presentation in the role with the overview of what Binance does, its successful history, and incredible numbers. But it was toward the end that she really piqued the interest of the audience, announcing that Binance had earmarked $1 million for investing into non-profits in South Africa for blockchain education.

Knowles giving an overview of what Binance SA will offer the SA consumer.

After this big announcement that drew an applause from the audience, Knowles went into the exact offering Binance SA plans to make available to the South African consumer. These include five trading pairs: BTC/ZAR, BNB/ZAR, ETH/ZAR, USDT/ZAR and BUSD/ZAR (Binance’s stablecoin linked to the US Dollar).

The new country manager didn’t disclose when the launch officially happens, but said it is incredibly imminent, with SA Crypto speculating it could be as early as April.

SA Crypto will be interviewing Tanya for our Video Podcast during the conference, and will update on any further details as they become available.

James Preston
James Preston is the Managing Editor of South Africa's first and largest news website for the blockchain industry: SA Crypto. He is a writer and media commentator who has been reporting on how the Tech industry will make the world a better place for 14 years, with a large following on South African radio. He is an early adopter of Bitcoin, and began reporting on its revolutionary capabilities in late 2014. Philosophical by nature, he is intrigued by how the world works, and in turn, how it can be bettered. James believes wholeheartedly that the world can become as close to perfect as we humans can imagine, but it will take a lot of effort (and time) to get there. He believes his life purpose is to inspire people to believe this, and find their place in helping humanity achieve it. James regularly does talks on emerging technology and its impact on society at Universities, global conferences, and events. To invite him to speak at your event, or comment for your media outlet, email info@sacrypto.co.za