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Binance Launches New P2P Trading Against The Chinese Yuan
Summary: Binance the crypto currency exchange platform has announced the launch of peer-to-peer trading for Bitcoin (BTC), Ether (ETH) and Tether (USDT) against the Chinese Yuan (CNY). The announcement came on Oct. 9, that this new service will only be used by Android users with an account 30 days prior to the release. However, this seems ...
Binance the crypto currency exchange platform has announced the launch of peer-to-peer trading for Bitcoin (BTC), Ether (ETH) and Tether (USDT) against the Chinese Yuan (CNY).
The announcement came on Oct. 9, that this new service will only be used by Android users with an account 30 days prior to the release. However, this seems to be only temporary as they stated in the announcement the service will be slowly rolled out to iOS and web interface going forward.
Changpeng Zhao the CEO of Binance, made it clear that this would not be the end of P2P expansion in a tweet, “P2P Trading, starting with China. Most of CT probably can't use it yet, but 1.4 billion people can. We will expand the service to other regions soon.”
This is not the end of releases coming this month for Binance as the trading platform also plans to launch an over-the-counter trading platform in October, according to CoinTelegraph.
By Ramsey Baker
Tags: Binance,Cryptocurrency,Exchange,P2P,Trading
Link: Binance Launches New P2P Trading Against The Chinese Yuan [Copy]
