Cryptocurrency exchange Binance has acquired India-based Bitcoin exchange WazirX, in a significant move in the cryptocurrency ecosystem within the country.
According to ET, WazirX launched its global operations earlier in 2019, as well as its peer-to-peer and crypto-to-crypto transactions. The company’s P2P engine will be integrated into the Binance Fiat Gateway platform in Q1 of 2020, allowing users to trade any digital asset available on Binance with the purchase of USDT or Tether, from the WazirX P2P market.
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