February 22, 2024

Binance launches P2P trading

Binance launches P2P trading

Binance Exchange has launched a P2P trading service that allows you to trade between without intermediaries.

The P2P service will allow users to directly trade Bitcoin (BTC), Ethereum (ETH), and the USDT stablecoin against the Chinese Yuan (CNY).

Post buying or selling adscryptocurrencies within a certain price range so far can only Android users (version: 1.12.1), whose Binance accounts are registered for more than 30 days. To access this service, the Binance app must be updated to the latest version of Android.

In the near future, Binance plans to introduce a P2P-trading service for users of iOS and the web interface.

Binance CEO Changpeng Zhao noted that this service is currently available to 1.4 billion users in China, but the exchange will soon expand the availability of the service in other regions. 

Binance launches P2P trading