Leading cryptocurrency exchange Binance is introducing peer-to-peer (P2P) trading functionality for Bitcoin (BTC), Ether (ETH) and Tether (USDT).
According to the company’s announcement, the Malta-based platform will be supporting P2P crypto trading with the Chinese yuan (CNY). Traders can use the service by downloading the updated Binance Android app.
“Access to P2P trading will be initially provided to Android users (Version: 1.12.1) that have Binance accounts registered for over 30 days. We will slowly roll out this service to iOS and web interface users going forward.”
Adds Binance CEO Changpeng Zhao,
“Last night, Binance Launches P2P Trading, starting with China. Most of CT probably can’t use it yet, but 1.4 billion people can. We will expand…