The P2P feature has proven to be a very critical service for allowing the regular person to on-ramp and off-ramp their crypto assets via their preferred exchanges.
With the exit of some Binance services from certain markets due to regulations, other exchanges are seeing an opportunity to move into fill the gap left by the major exchange.
One of these is BingX, which is running a promo to woo its NGN customers onto the trading platform.
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Having a variety of exchanges to choose from is good for the regular consumer as it allows the free market to influence crypto adoption across a wider demographic footprint despite harsh policy environments.