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by refsab 1358 days ago
It's Binance P2P. You can transfer crypto directly into local currency. It uses local residents as liquidity providers.
1 comments

Yep that's it. I just didn't want it to look like I was shilling something in the comments :)

Locally, Binance P2P is used a lot for remittances, and plenty of establishments use it as a way to receive payments as well. I've seen the Binance QR code in a bunch of restaurants and autoparts stores, for example

I used it earlier this year to send money to my sister in Argentina. Super fast, no fuss.

Just to balance this, Bisq is a decentralized alternative P2P marketplace (based on Bitcoin mainly) which will keep working even in adverse conditions, where a centralized company like Binance will generally restrict/stop their activity if a government shows their teeth.