The large cryptocurrency exchange Binance announced the launch of P2P trading for Bitcoin, Ethereum, Tether paired with the Chinese yuan.
The company’s publication says that the new service will be initially available to users of Android devices that already have Binance accounts that have been active for the past 30 days. The exchange drew attention to the fact that in order to access the new function, users need to update the Binance application to the latest version. Very soon, the company will release an application for holders of iOS devices.
In his Twitter blog, Changpeng Zhao said that support for P2P trading began with China. Most users of the social network may not have access to the new functionality, but 1.4 billion people can already take advantage of the new product. Soon Zhao promises to open up new trading opportunities to the whole world.
In addition, earlier it became known about the plans of Binance to launch the OTC platform in October. The company already manages an over-the-counter platform for large traders; earlier it became known that it managed to attract a fairly large amount of funds over the past year.
Recently, the exchange has been showing significant activity. For example, Binance invited its customers to receive 1000 BTC coins thanks to a new referral program. In addition, Binance plans to implement SegWit support for BTC transactions.
