Binance has launched a cryptographic exchange for cash

Qualified merchants can use the service through Binance’s P2P peer-to-peer platform. Bitcoin, Ethereum, USDT, BNB, BUSD and EOS are supported for exchange.

„Users will be able to buy and sell crypt currency directly through the selected offer and then transfer or receive cash in person,“ the message says.

The Exchange has warned users about the risks associated with exchanging crypt currency for cash. The company representatives urge not to use third-party messengers for communication, not to agree to a meeting in a doubtful place and carefully count the money before confirming the transaction.

We would like to remind you that on 18 October Binance withdrew 2,253,888 BNB tokens worth $68 million from circulation. This burning was the largest in dollar terms ever and the fourth largest in BNB amount.

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