Binance’s choice to phase out its P2P Cash Zone feature represents a notable change in how transactions are conducted on the platform.
The exchange remains committed to supporting a variety of digital payment methods on its P2P platform, ensuring that users can still enjoy a seamless, secure, and diverse range of transaction options tailored to their needs.
Effective March 31, 2025, users will no longer have the option to purchase or sell cryptocurrencies for cash through in person transactions with registered merchants at designated locations.
This decision reflects Binance’s evolving strategy to streamline its peer to peer (P2P) offerings.
This shift highlights Binance’s focus on enhancing digital convenience while phasing out physical cash based exchanges.
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