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.

John Isige FXStreet

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.

Author

John Isige

FXStreet

John Isige is a seasoned cryptocurrency journalist and markets analyst committed to delivering high-quality, actionable insights tailored to traders, investors, and crypto enthusiasts. He enjoys deep dives into emerging Web3 tren

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