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21 October 2019

Binance Launches P2P Trading in China With Support for Alipay and Wechat - Bitcoin News

Binance Launches P2P Trading in China With Support for Alipay and Wechat - Bitcoin News


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Binance Launches P2P Trading in China With Support for Alipay and Wechat.

Changpeng Zhao, the CEO of the exchange,revealed on Twitter that they are starting with China so 1.4 billion people can use the new P2P functionality and that they will expand the service to other regions soon.

In response to a question from a user who noticed the option of selecting Alipay and Wechat Pay as payment methods for the service, Zhao confirmed that the popular Chinese apps are supported for users to pay one another without the direct involvement of the company.

With Alipay and Wechat Pay being so prevalent in China, it is not surprising that they will also be popular with cryptocurrency investors in the country.

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