Places To Get Deals On Buy Verified Binance Account allusasmm.com.pdf

Places To Get Deals On Buy Verified Binance Account allusasmm.com

1. How to Use Binance P2P to Buy and Sell
Crypto
Binance P2P (Peer-to-Peer) allows you to buy and sell cryptocurrency directly with other
users, without going through an exchange order book. Payments are made directly
between buyers and sellers using preferred payment methods (like bank transfer, PayPal,
or mobile wallets), while Binance provides an escrow service to keep transactions safe.

1. Why Use Binance P2P?

2. ●​No fees: Binance doesn’t charge fees for P2P trades.​

●​Wide range of payment methods: Local bank transfers, e-wallets, cash in person,
etc.​

●​Local currencies: Buy/sell in your own currency.​

●​Escrow protection: Binance holds crypto until payment is confirmed.
2. Getting Started
Step 1: Create and Verify Your Binance Account
●​Sign up at Binance.com.​

●​Complete KYC identity verification (required for P2P trading).​

●​Enable Two-Factor Authentication (2FA) for security.​

Step 2: Add Your Payment Method
●​Go to Profile → Payment → Add Payment Method.​

●​Select the method you’ll use (bank transfer, wallet, etc.).
3. How to Buy Crypto on Binance P2P
1.​Open P2P Section​

○​On the Binance app, tap Trade → P2P.​

○​On desktop, go to Buy Crypto → P2P Trading.​

2.​Choose Crypto & Currency​

○​Select the crypto you want (e.g., BTC, USDT, BNB).​

○​Choose your local currency.​

3.​Select an Offer​

○​Review sellers’ price, limits, and payment methods.​

○​Check seller’s completion rate and reviews.​

3. 4.​Place Order​

○​Enter the amount you want to buy.​

○​Confirm and place the order.​

5.​Make Payment​

○​Send payment directly to the seller using the agreed method.​

○​Tap “Transferred, notify seller” once done.​

6.​Receive Crypto​

○​The seller confirms payment, and Binance releases crypto from escrow into
your P2P wallet.
4. How to Sell Crypto on Binance P2P
1.​Transfer Crypto to P2P Wallet​

○​Move the crypto you want to sell from your Spot Wallet to your P2P Wallet.​

2.​Open P2P Section​

○​Go to Trade → P2P → Sell.​

3.​Choose an Offer​

○​Select a buyer with a good reputation and your preferred payment method.​

4.​Confirm Sale​

○​Enter the amount to sell and confirm the order.​

5.​Wait for Payment​

○​The buyer sends payment to your bank/wallet.​

○​Verify you’ve received the money.​

6.​Release Crypto​

○​Tap “Release Crypto” — Binance will send the crypto from escrow to the
buyer.

4. 5. Safety Tips for Binance P2P
●​✅ Only release crypto after confirming you have received the payment.​

●​✅ Trade with verified users who have a high completion rate.​

●​✅ Use in-app chat for communication (avoid sharing personal details).​

●​✅ Beware of screenshots as proof of payment — always check your actual bank
account.​

●​✅ Report suspicious activity to Binance Support.
6. Quick Recap
●​To buy: Select crypto → choose seller → pay → receive crypto.​

●​To sell: List crypto → choose buyer → confirm payment → release crypto.​

●​Always use escrow: Binance holds the crypto until payment is verified.