Binance, a Global Cryptocurrency Exchange, had exited the Chinese market following the local crypto trading ban back in 2017. Binance is attempting to enter the Chinese market once again. In a bid to this, Binance launched P2P Trading for BTC, ETH, and USDT against CNY (Chinese Yuan).
Binance CEO Changpeng Zhao, tweeted 9th Oct morning letting the crypto-world know about this update. As of now, only Android users are able to use the trading functionality (Accounts registered for more than 30 days). iOS and web interface users will be able to use this service in the near future.