The world’s leading cryptocurrency exchange Binance reported peer-to-peer trading (P2P) for Indian rupees (INR) and Indonesian rupees (IDR).
A blog post detailed that both fiat currencies will be available through the platform website against Bitcoin (BTC), Ether (ETH), Tether (USDT) Binance Coin (BNB) and Binance Dollar (BUSD) and the mobile application .
Changpeng Zhao (CZ), CEO of Binance, said that India and Indonesia are two of the largest emerging markets that exist.
These markets have enormous potential for the introduction of cryptocurrencies. In this regard, they are excited to provide the mass population with user-friendly crypto access.
Trading Binance P2P supports 20 national currencies
The world’s largest P2P exchange was developed for consumer-to-consumer and business-to-consumer purposes and now supports 20 national fiat currencies.
When Binance reported on peer trading, the exchange claimed that over 200 P2P traders worldwide are now using the platform.
You can also access personalized dealer benefits such as: B. No security fees and targeted customer support to increase their profits.
The statement states that individuals or teams who have a trusted source of fiat and cryptocurrencies can participate in Binance’s P2P Global Traders Program.
You can also enjoy exclusive benefits, including zero security deposit fees. Such as publication and advertising transactions, VIP discounts and exclusive customer service.
Binance announced new acquisitions for retail
We would like to remind you that the acquisition of the encryption data website CoinMarketCap, one of the best-known platforms in the industry, was recently announced.
Other current exchange offers are yesterday’s start. Bitcoin options on the Binance futures trading platform, which is currently limited to the mobile app of the exchange.
Blockchain for India
Similarly, Binance and WazirX, the Indian competitor acquired in November 2019, recently announced a fund to maintain blockchain development in India.
The “Blockchain for India” initiative was announced on March 16 and is intended to promote the use and introduction of blockchain technologies in the country.
With WazirX, the company has set up a USD 50 million fund supported by BNB, BUSD and WRX to invest in local blockchain projects.