Binance Adds Peer-to-Peer Trading for Indian Rupees and Indonesian Rupiah

2020-04-13

Binance, the leading global cryptocurrency exchange by trading volumes and users, today announced the launch of peer-to-peer (P2P) trading for Indian Rupees (INR) and Indonesian Rupiah (IDR). Starting today, INR and IDRĀ  users can directly buy and sell BTC, ETH, BNB, USDT, and BUSD Ā with zero transaction fees on Binance.com or the Binance mobile app.Ā 

ā€œIndia 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,ā€ said Binance CEO Changpeng Zhao (CZ). ā€œOn Binance.com,Ā  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.ā€Ā 

The integration of INR and IDR takes the number of acceptable fiat currencies on the Binance P2P trading platform to 20. Currently, over 200 P2P merchants worldwide are offering liquidity in the marketplace, and the top merchants can earn around $100,000 per month from P2P trades. Individuals or teams who have a reliable source of fiat and cryptocurrencies are welcome 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. To apply, visit: http://bit.ly/BinanceP2P

Learn about Binance P2P trading here and start a trade on Binance.com or the Binance mobile app today.

About Binance P2P

Binance Peer-to-Peer (P2P) provides easy access to cryptocurrency through a consumer-to-consumer (C2C) or business-to-consumer (B2C) model and better trading experience for users. Visit: https://p2p.binance.com/

Disclaimer: Crypto assets are volatile products with a high risk of losing money quickly. Prices can fluctuate significantly on any given day. Due to these price fluctuations, your holdings may significantly increase or decrease in value at any given moment, which can result in a loss of all the capital you have invested in a transaction.

Therefore, you should not trade or invest money you cannot afford to lose. It is crucial that you fully understand the risks involved before deciding to trade with us in light of your financial resources, level of experience, and risk appetite. If required, you should seek advice from an independent financial advisor. The actual returns and losses experienced by you will vary depending on many factors, including, but not limited to, market behavior, market movement, and your trade size. Past performance is not a guide to future performance. The value of your investments may go up or down. Learn more here.Ā