The largest cryptocurrency exchange Binance has launched a P2P service with support for bitcoin, Ethereum and stablecoin USDT, traded against the Chinese yuan (CNY).
At first, access to the platform will be provided through the Android application to owners of exchange accounts registered more than 30 days ago. Representatives of Binance promised to soon release a version for iOS, as well as a desktop implementation of the service.
Last night, Binance Launches P2P Trading, starting with China. Most of CT probably can't use it yet, but 1.4 billion people can. We will expand the service to other regions soon.
Binance’s plans to launch fiat yuan-supported trading became known last month.