Binance Launches Peer-to-Peer Merchant Program

The peer-to-peer merchant program is now live.

The platform is open to all members of Binance and aims to provide top-notch services to P2P users. As well as ensuring unequaled liquidity at all times. The exchange made this announcement via an official blog post.

Thus, Binance P2P merchants will earn dividends and create fiat payment solutions. Also, they will pay minimal transaction fees as well as enjoy professional support from the platform.

The company’s CEO, Changpeng Zhao pointed out that request for more fiat-to-crypto has increased dramatically since the launch of its P2P trading service in October. He said, “In the past quarter, there has been increasing growth in trading volumes on the Binance P2P platform, and we have constantly received requests for more fiat-to-crypto access from our global community.” Further adding that the launch of this global P2P merchant platform is the answer to these requests.

Open invitation to merchants worldwide

Binance via its blogpost is inviting merchants to join its global P2P Merchant Program. The blog post reads: “As we strive to provide better services and better liquidity for P2P users, Binance is now looking for P2P merchants globally.” 

This is the first time Binance is giving out an open invitation to merchants for its P2P trading platform. Before this, joining the P2P trading platform was strictly by invitation or a referral program. The exchange, however, added that it will deploy an elimination mechanism. Ensuring that only outstanding merchants remain on the platform.

You can apply as a merchant on the Binance P2P trading platform via this link. All applications will be screened and successful applicants will be contacted.

This week, the Binance P2P trading platform announced support for the Vietnamese Dong (VND). Users will be able to trade BTC, ETH, USDT, and BNB for VND. Binance also recently added support for the Polish Zloty (PLN) and the Swedish Krona (SEK).

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