Binance P2P Introduces Worldcoin (WLD) Trading Pairs for LATAM Currencies

Binance,
one
of
the
leading
cryptocurrency
exchanges,
has
announced
the
addition
of
Worldcoin
(WLD)
trading
pairs
on
its
peer-to-peer
(P2P)
platform.
This
new
feature
enables
users
to
trade
WLD
against
several
Latin
American
(LATAM)
fiat
currencies,
according
to
Binance.

New
Trading
Pairs

The
supported
LATAM
fiat
currencies
include
Argentine
Peso
(ARS),
Brazilian
Real
(BRL),
Chilean
Peso
(CLP),
Colombian
Peso
(COP),
Costa
Rican
Colón
(CRC),
Dominican
Peso
(DOP),
Guatemalan
Quetzal
(GTQ),
Honduran
Lempira
(HNL),
Mexican
Peso
(MXN),
Nicaraguan
Córdoba
(NIO),
Panamanian
Balboa
(PAB),
Peruvian
Sol
(PEN),
and
Paraguayan
Guarani
(PYG).
With
this
update,
Binance
P2P
users
can
directly
buy
and
sell
WLD
using
these
local
currencies
and
various
local
payment
methods.

Implications
for
LATAM
Users

This
strategic
move
is
expected
to
enhance
the
accessibility
of
Worldcoin
for
users
in
the
LATAM
region,
providing
them
with
more
options
to
trade
cryptocurrencies
in
their
local
currencies.
Binance’s
expansion
into
regional
fiat
currencies
demonstrates
its
commitment
to
catering
to
the
diverse
needs
of
its
global
user
base.

Disclaimer
and
Risks

Binance
has
issued
a
disclaimer
noting
the
potential
volatility
of
digital
asset
prices.
Users
are
advised
that
fluctuations
in
the
value
of
digital
assets
may
affect
the
value
of
their
investments.
Binance
also
stated
that
it
is
not
liable
for
any
losses
incurred
through
the
use
of
its
P2P
platform,
as
users
trade
digital
assets
directly
with
other
users.
The
exchange
facilitates
transactions
by
releasing
the
digital
assets
once
the
offline
fiat
currency
exchange
is
confirmed
by
both
parties.

For
more
information,
users
can
refer
to
the

official
announcement
on
Binance’s
website.

Image
source:
Shutterstock