Huobi Informs Users on Decision to Launch P2P Trading in India

oliverchloe
2022-10-27 05:03:09


Following several announcements of plans for global expansion, this week crypto exchange Huobi has reportedly informed Indian users of its intentions to present them with a P2P platform that allows trading in Indian rupee. The email notice published by local media promises zero transaction fees for exchanging BTC, ETH, and USDT.

Reports: Huobi to Launch P2P Platform for Indians

Cryptocurrency exchange Huobi has announced in an email to Indian users its decision to offer peer-to-peer trading services in their country, local crypto media reported. The notice states that they will be entitled to zero transaction fees for trades in bitcoin core (BTC), ethereum (ETH), and tether (USDT). Users will be able to buy and sell these cryptocurrencies with support for transactions in Indian rupees (INR), according to a copy of the correspondence published by Crypto News, India.

AndreasMAntonopoulos
2022-10-27 05:04:08

Last time i check india government was trying to stop bitcoin conversion through bank so i am not sure how will an exchange work.