Binance Adds P2P Cash Exchange Option

Cryptocurrency exchange Binance has added the option to exchange digital assets for fiat funds in peer-to-peer (P2P) transactions. The new solution will allow to directly buy or sell tokens through a selected offer, and then personally give or receive cash for these transactions offline, Binance representatives write on their blog.

Such instruments as BTC, ETH, USDT, BNB, BUSD and EOS will be available for exchange, but only experienced merchants can use them.

In addition, Binance P2P currently supports over 40 fiat currencies and 100 payment methods with no fees.