Photo: Binance BlogCrypto exchange Binance is on an aggressive development spree this year. On Wednesday, October 9, Binance has launched its new P2P trading facility for trading cryptocurrencies against the Chinese Yuan. Currently, this facility is only available for Android users. However, it has promised to roll-out this facility on iOS and web interface as well. In its announcement, the crypto exchange said:“Binance has launched P2P trading functionality with BTC, ETH and USDT available...
Read More »Binance to Launch OTC Trading Platform Next Month Supporting Chinese Yuan
The world’s largest cryptocurrency exchange by trading volumes, Binance, said that it will launch its over-the-counter (OTC) trading platform next month. More importantly, Binance says that the OTC platform will provide gateways to deposit fiat currencies including the Chinese Yuan.In a media session at the Shanghai Blockchain Week on Tuesday, September 17, Binance’s co-founder and chief marketing officer He Yi said that the platform will support fiat-on-ramp through OTC for the Chinese...
Read More »Binance Says Its Venus Stablecoin Would Be More Government-Friendly Than Facebook’s Libra
As the stablecoin race catches up, cryptocurrency exchange Binance wants to position its Venus stablecoin more aggressively. Taking a dig at Facebook‘s Libra, Binance said that the Venus will be a government-friendly alternative to the Libra Coin.Last month in August 2019, Binance unveiled its plans to launch stablecoins and other digital assets pegged to fiat currencies across the globe. This initiative is part of the company’s plan to form major partnerships and alliances with global...
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