Binance Adds Philippine Peso (PHP) To P2P Platform trading against BTC, USDT, ETH, BNB, BUSD and EOS

Today, Binance announced the launch of peer-to-peer (P2P) trading services for the new Philippine Peso (PHP) for peer-to-peer (P2P) trading against BTC, USDT, ETH, BNB, BUSD and EOS with zero transaction fees.

Mentioning the development, Binance CEO Changpeng Zhao said: “The Philippines is the vibrant markets for blockchain and crypto advancement. We strive to provide our  Philippines users with easy fiat-to-crypto access. P2P trading provides an open marketplace and more flexible access for users to trade multiple cryptocurrencies with other users or merchants in the payment methods they prefer,”

He continued:

“Via the Binance P2P trading platform, our users can enjoy instant and secure trades with zero transaction fees and 24-hour customer support.”

Additionally, Zhao reiterated Binance’s ambitious plans to expand fiat-to-crypto access on Binance for users in over 180 countries in order to achieve their mission of “freedom of money.”

Binance is also looking for local P2P merchants who have a stable source of cryptocurrencies and PHP. Merchants can profit by offering PHP and cryptocurrency trades and also enjoy tailored benefits including zero security deposit, zero transaction and ads fees, VIP discounts as well as exclusive customer support.

Binance has been aggressively working on expanding the flexibility of the platform by offering more and more options to the users for trading. It is also expanding its network by partnering with new companies as it did with two subsidiaries of Yahoo Japan. As mentioned in the official post, Binance P2P service will keep extending its support for fiat currencies on the trading platform.

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