Binance crypto exchange’s P2P trading platform has introduced Russian rubles (RUB), giving its users the opportunity to buy Binance Coin, Tether, Ethereum and Bitcoin with the Russian Rubles, an announcement has noted.
At the moment, Binance has launched support for several fiat currencies, pegging them with several other cryptocurrencies.
Users of the P2P platform can trade cryptocurrency even in countries where cryptocurrency trading is banned. In China where cryptocurrency trading is not allowed, users of the P2P trading platform can easily trade cryptocurrency. The P2P platform supports Vietnamese Dong, Chines Yuan and now Russian rubles.
According to Changpeng Zhao, the CEO of Binance, “P2P trading provides an open marketplace and more flexible access for users to trade multiple cryptocurrencies with other users or merchants in the payment methods they prefer.”