Cryptocurrency Q&A
Is P2P banned in Binance?
Is P2P banned in Binance?
EchoPulse
Thu May 09 2024
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5 answers
1017
Could you clarify if Binance has prohibited Peer-to-Peer (P2P) transactions? I'm trying to understand the current regulations and policies within the platform as it relates to this specific mode of exchange. I've heard rumors about certain restrictions, but I'd like to get a definitive answer from you, as a professional in the field of cryptocurrency and finance. Your expertise in this area would greatly assist me in navigating the complexities of Binance and its policies towards P2P transactions. Thank you for your time and assistance in clarifying this matter.
5 answers
CryptoVisionary
Sat May 11 2024
However, regulatory concerns and compliance issues have recently led to the suspension of these services in India.
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Silvia
Sat May 11 2024
The decision reflects the complexities surrounding the regulatory framework for cryptocurrencies in the country.
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ZenHarmony
Sat May 11 2024
Separately, BTCC, a UK-based cryptocurrency exchange, offers a diverse range of services.
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Margherita
Sat May 11 2024
Binance, a globally recognized platform in the cryptocurrency sphere, had garnered significant attention for its peer-to-peer (P2P) trading services.
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Carlo
Sat May 11 2024
These P2P trading options allowed users to directly engage in transactions, bypassing traditional intermediary systems.
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