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Binance Adds Vietnamese Dong As The Second Fiat Currency For P2P Trading

Binance has announced the addition of fiat-to-crypto currency peer-to-peer trading services for the Vietnamese Dong (VND). The globally trusted cryptocurrency trading exchange has been in a constant roll to expand its operational capacities by adding new trading gateways for global currencies worldwide. With an intention to cater to the requirements of the wide customer base, Binance is constantly adding new tools and services to its ecosystem.

According to the latest reports released by Binance, the exchange will allow the crypto investors hailing from Vietnam to indulge in the buying and selling of BTC, ETH, USDT, and BNB via VND on the exchange network. The new trading pairs will be available for the customers on Binance iOS and Android mobile apps. If you are trading in Binance exchange, here, you should know about Binance fee. Binance charges a fee of 0.1% for all trades. It also offers a 50% discount on fees for trades by using Binance Coin. Interestingly, VND is the second fiat currency to be made tradeable on Binance’s P2P trading platform after the Chinese Yuan. The cryptocurrency trading platform is adamant about expanding its P2P solution by the inclusion of more fiats in the near future

Changpeng Zhao stated, CEO of Binance,

Binance is gearing up to organize its second edition of Binance Blockchain Week in Ho Chi Minh City, Vietnam, from February 29 to March 4, 2020. The highly anticipated event will witness a two-day hackathon, a two-day conference and a Binance Charity Poker Tournament. The event will be graced by the presence of 2,500 leaders and industry experts from the crypto space.

The Binance CEO further stated that

Richard Lee: Richard Lee is a regular contributor, who curates in-depth news stories and analysis about the cryptocurrency and blockchain space. He primarily covers latest happenings of US cryptocurrency market. He contributes to a number of well-known industry magazines and news sites before getting into NameCoinNews. He has strong skills in technical analysis of cryptocurrencies.