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08:10 09.10.2019
2019-10-09
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Binance Launches P2P Exchange for China Users Only

One of the cryptocurrency world leading exchanges Binance launches its own peer-to-peer trading platform. P2P exchange opens today and for now, it will be available for the Chinese audience only. If the pilot proves successful, Binance promises to expand the list of trading pairs, including currencies of other countries.

On October 9, a message appeared on the exchange’s Twitter channel. It was about the opening of a new trading platform for exchanging cryptocurrencies directly between users. The P2P service will be available for trading BTC, ETH and USDT against Chinese Yuan (CNY).

At the moment, the exchange application is available only for Android platform users. Also only those Binance account owners who have been registered on the platform for more than one month will be able to enter P2P exchange. Soon, it is planned to release an iOS version, as well as the desktop one.

Earlier we wrote that Binance allowed its customers to buy crypto with a bank card. Now customers from 175 countries can use this new option.

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