Binance Adds Bundle Africa as a Payment Method on Binance P2P
Binance, The world’s largest crypto exchange, just added a Bundle wallet as a payment option for crypto peer-to-peer (P2P) trading on its Exchange.
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Per the tweet on the official Twitter handle on Bundle Africa, Binance now supports Bundle Africa for Binance P2P Nigeria.
With this new Development, anyone trading cryptocurrency through peer-to-peer trading on Binance can choose to skip the stress of a bank process and receive payment in their wallet when they sell a particular cryptocurrency at no cost.
The Bundle Africa is an Africa-focused social payments app for cash and cryptocurrencies, launched in Nigeria. It’s backed by Binance, and founded by Yele Bademosi, formerly a director at Binance Labs, Bundle allows users to request, send, and receive cash or crypto from their peers.
What you can do with Bundle is limitless, request and receive cash or crypto for free with a few taps. The Bundle Africa app has recorded more revenue in January 2021 than the whole of 2020.
The social payment app has a new and exciting strategy set by the team to make the app even better for users in 2021. The application also allows you to send and receive money from anyone on your phone contact list who has the bundle app.
In 2020, Binance processed over $6 billion on its P2P platform. The addition of Bundle to the Binance P2P platform will no doubt add great value to Bundle Africa as it continues to experience impressive growth.
Binance’s peer-to-peer platform allows you to buy Bitcoins and other cryptocurrencies with your local currency at 0 fees. On Binance P2P, you have the freedom to choose your preferred counterparties and payment methods for your trades, with the crypto assets escrowed by Binance.
Read Also: Beginners Guide to Bundle Africa App: How to Use Bundle Africa App, Fees, Pros and Cons.
Binance P2P now includes the following African payment options:
- Bank Transfer
- Bundle Africa
- Kuda Bank
- Mobile Money (Ghana)
About Binance P2P
Binance peer-to-peer trading market is a safe trading platform where you can get crypto in exchange for your local currency. Binance P2P’s escrow service safeguards every transaction, giving traders peace of mind. The crypto will be held by Binance P2P temporarily until the operation is completed.