Binance yesterday announced the Chinese launch of its P2P trading service, with the slug-line, ‘anything that makes it easier to get crypto’. One thing it didn’t announce, but head honcho, CZ, later confirmed on Twitter, was the addition of fiat on-ramps via WeChat and Alipay. Easier to get crypto, indeed.
BINANCE FOCUSES ON CHINA MARKET
The launch of peer-to-peer (P2P) trading was dealt with in typical Binance fashion, with a tweet from CZ. “Last night, Binance, launches P2P trading, starting with China,” it read.
Most of CT probably can’t use it yet, but 1.4 billion people can. We will expand the service to other regions soon.
The tweet linked to a blog post, explaining that P2P trading functionality was available against the Yuan (CNY), for BTC, ETH, and USDT. This was initially rolling out to Android users, with an iOS and web interface integration coming soon. Read More...