Buy and Sell () with Your Preferred Payment Methods
P2P stands for peer-to-peer, and P2P exchanges are platforms that allow users to buy and sell crypto for fiat currency directly with other users. Learn more about What is P2P Trading and How Does a Local Bitcoin Exchange Work??
First, browse Buy Ads for the crypto you wish and sell, and find the best offers with your preferred payment method. You can read the reviews and check the requirements from the buyer. If they are agreeable for you, start the trade, and do not release the crypto until you have received the money in the payment method you provided. Learn more about how to sell crypto peer-to-peer.
After you complete identity verification and add your payment methods, you are ready to buy crypto on Binance P2P platform. First, choose from all the available offers in the marketplace. Second, place an order to buy your crypto, and pay the seller based on the preferred payment methods. Lastly, get your crypto from the seller after you complete the fiat transaction and confirm your payment on Binance P2P.
As one of the several safeguards on the platform, Binance P2P has a holding mechanism for crypto funds that are involved in any pending transaction. This mechanism prevents incidents of theft or scam by adding another layer of trust, thus preventing malicious actors from stealing your money or crypto without completing their part of the trade.Learn more.