Today, Binance announced the launch of peer-to-peer (P2P) trading services for the new Taiwan Dollar (TWD) and the Australian Dollar (AUD) 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: “Taiwan and Australia are the vibrant markets for blockchain and crypto advancement. We strive to provide our Taiwanese and Australian 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 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. Binance P2P is a unique platform, that allows users to access cryptocurrencies via a customer-to-customer or business-to-customer model. A couple of months ago, Binance added three new fiat currency gateways for customers, which will allow customers to use their VISA cards to purchase cryptocurrencies.
Read more:
- Binance Adds Vietnamese Dong To P2P Platform
- Binance Futures Launches Zcash (ZEC/USDT) Perpetual Contracts With 50x Leverage