Binance a big crypto exchange always tries to experiment with new ways of business or to catch new customers or traders from all over the world. As they start their business from Malta and expanding worldwide. Now their target is China. Binance announced to start P2P Trading for China. Now users can trade BTC, ETH, and USDT with the Chinese Yuan. Earlier Crypto Exchanges moved from China to other locations after cracked against crypto mining. But now users can hold crypto for their convenience.
The company said that “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.”
CEO of Binance Said that “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 the service to other regions soon. Anything that makes it easier to get crypto.”