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Binance Supports Philippine Peso (PHP) for Peer-to-Peer Trading

2020-06-11

Binance, the leading global cryptocurrency exchange in the world by trading volume and users, today announced the launch of peer-to-peer (P2P) trading for Philippine Peso (PHP), providing Filipino users with a way to access cryptocurrencies using their local currency.

Starting today, which coincides with Philippine Independence Day, Filipino users of Binance can directly buy and sell BTC, ETH, USDT, BNB, BUSD, and EOS using PHP with zero transaction fees on the Binance P2P platform. The integration allows users to trade crypto at their preferred prices and payment methods, and transfer crypto assets to any Binance wallet for free. 

Along with zero transaction fees, the platform offers an escrow service that ensures that 100% of crypto is delivered to the users’ wallets. With the Binance P2P platform, users can also further access various financial services including spot, margin, and futures trading as well as lending directly on Binance.com.

Launched in October 2019, Binance P2P platform has supported 31 fiat currencies and processed over $1 billion trades. Binance is actively looking for more local merchants with reliable crypto and fiat access to join its Global P2P Merchants Program, where verified merchants can enjoy multiple 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 P2P is a peer-to-peer cash-to-crypto trading platform. Users can post trade ads to buy and sell crypto assets and trade directly with other users in multiple payment methods. Binance P2P’s escrow service safeguards every transaction, giving traders peace of mind. For more information, visit https://p2p.binance.com.