Image Source: WazirX
Hey there!
Indian crypto exchange WazirX announce it, and today, They are the first one to launch in India: Peer-to-Peer (P2P) transfer with the most awaited trading pair - USDT/INR!! With P2P, you cash in and cash out of crypto whenever you want, 24x7! ⚡️An example of how WazirX P2P works: If you want to sell your BTC worth $5000 which is equivalent to approximately ₹3.4 Lakhs INR, here’s what to do:
- Sell your crypto (BTC, in this case) for 5000 USDT. Your trades will execute instantly because USDT market has great liquidity! Now since USDT is a stable coin, its value will not fluctuate like volatile cryptos.
- Put your 5000 USDT for sale on WazirX P2P
- When someone comes to buy 5000 USDT on WazirX P2P, they will transfer ₹3.4 Lakhs to your bank account.
Tell your friends about WazirX P2P, and let’s keep the crypto fire burning!
Full Article : https://medium.com/wazirx/wazirx-p2p-arrives-today-135d928a0d72