- January 20, 2020
- Posted by: icoblock
- Category: Uncategorized
Binance, currently being the leading cryptocurrency exchange, continues to expand and add new features for its users. Starting today, the venue would allow direct fiat-to-crypto trading for the Vietnamese Dong (VND).
Binance Adds P2P VND Trading
Binance is the world’s leading cryptocurrency exchange by means of the daily trading volume. More importantly, they are continually adding new features, allowing traders to take advantage of a diversified set of tools.
According to a press release shared with Cryptopotato, starting today, Binance will add fiat-to-crypto peer-to-peer (P2P) trading for Vietnamese Dong (VND). Users will be able to buy and sell USDT, BTC, ETH, and BNB, using VND. The option will be available on both the iOS and Android versions of the exchange.
Speaking on the matter was Changpeng Zhao, CEO at Binance, who said:
Binance is committed to providing our global users with more convenient fiat gateways and easy access to cryptocurrency, and our P2P service aims to lower the barriers to entry to the crypto world. We are pleased to introduce fiat-to-crypto P2P trading services to Vietnamese users to flexibly trade cryptocurrency at low costs.
Binance Continues To Expand
In a couple of short years, Binance has managed to prove that it’s entirely possible for a cryptocurrency exchange to expand and become a renowned and reputed organization. Part of the reasons for that is that they strive to comply with existing regulations across the countries they operate within.
For example, last year, Binance prohibited US-based traders from using their main exchange because of the legislation in the US. However, immediately after, they created a designated platform that is compliant with the US laws and allowed traders to take advantage of it.
Moreover, the exchange is also doing tons of work in the futures trading department. Just a couple of weeks ago, Binance supported only BTC for futures trading but has since added a lot of other cryptocurrencies, amid which ETH, BCH, XRP, EOS, LTC, TRX, LINK, ETC, and XLM.
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