Colossal cryptocurrency exchange Binance has announced the launching of its peer-to-peer (P2P) trading for Vietnamese dong (VND), excluding XRP from the list of cryptos that can be traded with the fiat currency on the platform.
The support Binance granted dong (VND) will henceforth allow users within the walls of Vietnam to purchase and sell crypto directly with the official currency, VND. The latest Binance P2P is available for mobile users on iOS and Android.
Excluding XRP from the list of cryptos, Binance announced support for only four cryptocurrencies which include: Bitcoin (BTC), Ether (ETH), Tether (USDT), and the native token of the exchange platform, Binance Coin (BNB).
The announcement was released today, January 20, in an update published on the exchange platform.
This is the second fiat currency Binance’s P2P platform is supporting. Earlier, at the launch of the Binance platform in October 2019, it was debuted with the Chinese Yuan. Similarly then, the Binance’s peer-to-peer trading platform did not include XRP in the list of coins that would be traded with the fiat currency.
Binance looks to expand its tentacles as well as the adoption of cryptocurrency with services like this that makes buying crypto easy with fiat currency. Changpeng Zhao, the CEO of Binance, in a statement 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.”