
Binance Unveils P2P Trading Facility for Chinese Yuan
Crypto exchange Binance continues its development spree by announcing a new P2P trading facility making BTC, ETH, and USDT available against the Chinese Yuan.
Crypto exchange Binance continues its development spree by announcing a new P2P trading facility making BTC, ETH, and USDT available against the Chinese Yuan.
As Binance’s seeks an opportunity to lure Chinese investors in the OTC cryptocurrency marketplace, it will support fiat-on-ramp through OTC for the Chinese Yuan.
Binance mentioned that unlike Facebook’s Libra, its Venus stablecoin won’t be a trouble for regulators and will help to bridge the gap between traditional financial markets and the crypto industry.
Binance X would majorly focus on helping developers learn and collaborate in the blockchain ecosystem and across Binance’s other native initiatives.