Binance P2P Expands Trading Pairs with African Fiat Currencies

Binance P2P has announced the addition of new trading pairs for several cryptocurrencies against selected African fiat currencies, according to Binance. The supported cryptocurrencies include Solana (SOL), TRON (TRX), USD Coin (USDC), Worldcoin (WLD), and Ripple (XRP).

New Trading Pairs

The new trading pairs will enable users to trade these cryptocurrencies against various African fiat currencies, which may include Ethiopian Birr (ETB), Ghanaian Cedi (GHS), Kenyan Shilling (KES), Rwandan Franc (RWF), Tanzanian Shilling (TZS), Ugandan Shilling (UGX), Central African CFA Franc (XAF), West African CFA Franc (XOF), and South African Rand (ZAR). This expansion aims to facilitate easier and more direct transactions for users in these regions.

Local Payment Methods

Users can directly buy and sell these trading pairs using various local payment methods available on Binance P2P. This move is expected to enhance the accessibility and convenience of cryptocurrency trading for users in Africa.

Additional Information

According to Binance, there may be discrepancies in translated versions of the announcement. Users are advised to refer to the original English version for the most accurate information. Binance also reserves the right to amend or cancel this announcement at any time.

Binance has also issued a disclaimer noting that digital asset prices can be volatile, which may affect the value of assets traded on the platform. Users are responsible for their investment decisions, and Binance is not liable for any potential losses.

For more details, refer to the official announcement on Binance.

Image source: Shutterstock