Malta-based Binance launches P2P trading for Bitcoin, Ethereum and Tether
|- Bitcoin Ethereum and USDT will trade against the Chinese yuan (CNY).
- Android users get initial support but iOS support is coming soon.
PP trading functionalities have been launched by Binance exchange. According to the announcement on October 9 said that Bitcoin, Ethereum and Tether (USDT) will trade against (CNY) (Chinese Yuan).
Initial support has been given to Android users (Version 1.12.1) who already have Binance accounts. However, the accounts must have been in operation over the last 30 days. The users will have to download or update the Binance Android app to the latest version to gain access to the new service.
The company assured the users of iOS and web interfaces that they will get gradual access as time goes by. Peer-peer-peer or P2P allows the trading between parties but without the involvement of central authority.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.