OKEx expands P2P trading, aims to support additional payment methods

OKEx expands P2P trading, aims to support additional payment methods

One of the world’s leading cryptocurrency spot and derivatives exchange- OKEx has recently announced expanding its P2P trading services in an attempt to support additional payment and currency methods. With this novel initiative, the company would now allow users to buy and trade about 15 dissimilar cryptocurrencies with nominal transaction fees using their chosen local currency, in line with 11 additional options, including Argentine peso, Russian ruble, and Thai baht.

It would be essential to note that the platform already serves a population transacting in Indian rupees, Vietnamese dong, and Chinese Renminbi, and currently enjoys the fame of being a popular marketplace for traders to make free fiat-to-crypto transactions without any additional charges, with other networks via an expansive range of local payment methods.

This apart, the expansion would also enable P2P Trade to support 14 new payment methods including Jazzcash, Yandex Money, Mercadopoga, and OVO.

Commenting on the move, CEO of OKEx, Jay Hao cited that the company is looking for vivid ways to make user onboarding quite easy and seamless and purchasing cryptocurrencies as convenient and frictionless as possible.

By offering the customers the ability to buy and trade crypto with their local currencies and preferred modes of payment, OKEx is aiming to make an entry in the crypto space and offer easy job for people across the globe.

Jay added that since more people are looking at Bitcoin and other digital assets as a feasible alternate to fiat, OKEx’s expansion in this space forms to be a crucial step for its development in the market. Furthermore, the company is pleased to be able to provide more ways of investment in this alternative asset class for people either to protect their wealth from the adverse effects of hike or for its huge potential for capital appreciation.

Source Credit: https://www.prnewswire.co.uk/news-releases/okex-expands-p2p-trading-service-to-support-additional-currencies-and-payment-methods-853055821.html