Major cryptocurrency exchange Binance announced today the launch of peer-to-peer (P2P) trading for Indian Rupees (INR) and Indonesian Rupiah (IDR).
Users of INR and IDR can now directly buy and sell BTC, ETH, BNB, USDT, and BUSD with zero transaction fees starting from today.
Binance CEO Changpeng Zhao (CZ) comments on the potential of the Indian and the Indonesian market adding:
“India and Indonesia are two of the largest emerging markets with tremendous potential in crypto adoption, and we are pleased to empower the massive population with easy-to-use crypto access”
“On Binance.com, we offer our users various fiat-to-crypto access, and P2P trading is a simple approach for users to buy and sell crypto in multiple payment methods. Moreover, users can earn profits from trading cryptocurrencies with other users or verified merchants on the Binance P2P trading platform.”
The total number of fiat currencies on Binance P2P trading platform has now added upto 20 including INR and IDR.
Users are welcomed to join the Binance P2P Global Merchants Program and enjoy exclusive benefits including zero fees for security deposits, ads posting and transactions, VIP discounts, and exclusive customer support.
Official Source and Image: Binance