Malta-based Binance launches P2P trading for Bitcoin, Ethereum and Tether

Fibo Quantum

  • 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.