Binance P2P has added Chipper Cash as a payment option for traders in Nigeria, South Africa, and Kenya as the new platform grows.
Chipper Cash has been a go-to payment option for many P2P traders since it allows for cross-border transactions in Africa’s top cryptocurrency markets. For instance, traders in Nigeria can send money to traders in Kenya via Chipper Cash.
A quick search on other peer to peer trading platforms shows a lot of trading activity with Chipper Cash as the preferred payment option. This new addition will give access to more traders and provide another option for existing traders.
Binance P2P has been on a roll lately, adding new markets like Kenya and South Africa and payment options like Mpesa.
The platform provides a direct fiat-on-ramp for new cryptocurrency users and traders who intend to use the Binance platform. Traders can buy or sell BTC, USDT, ETH, BNB, BUSD, and EOS with zero transaction fees using Kenyan Shillings (KES), South African Rand (ZAR), and Nigerian Naira (NGN).
To trade on Binance P2P, new users will have to create an account, verify their identity, enable SMS and authentication, and trade. At the time of this update, Binance P2P comes with 0 trading fees.
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