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What are the steps to buy crypto using P2P on Binance?

avatarShruti KesharwaniDec 30, 2021 · 3 years ago3 answers

Can you provide a step-by-step guide on how to buy cryptocurrency using the peer-to-peer (P2P) feature on Binance? I'm interested in learning the process and any important considerations.

What are the steps to buy crypto using P2P on Binance?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    Sure! Here's a step-by-step guide on how to buy crypto using P2P on Binance: 1. Log in to your Binance account and go to the P2P trading platform. 2. Choose the cryptocurrency you want to buy and select the payment method you prefer. 3. Browse through the available offers from sellers and choose one that suits your requirements. 4. Initiate the trade by entering the amount of cryptocurrency you want to buy and confirming the transaction details. 5. Follow the instructions provided by the seller to complete the payment. 6. Once the seller confirms the receipt of payment, the cryptocurrency will be released to your Binance account. 7. You can check your account balance to verify the successful purchase. It's important to note that P2P trading involves direct transactions between buyers and sellers, so make sure to review the seller's profile, ratings, and trade history before proceeding with a transaction. Additionally, always exercise caution and follow Binance's guidelines to ensure a safe and secure trading experience.
  • avatarDec 30, 2021 · 3 years ago
    Buying crypto using P2P on Binance is a breeze! Just follow these steps: 1. Log in to your Binance account and navigate to the P2P trading section. 2. Select the cryptocurrency you want to buy and choose a payment method from the available options. 3. Browse through the list of sellers and check their offers, prices, and ratings. 4. Once you find a suitable seller, click on their offer to view more details. 5. Enter the amount of cryptocurrency you want to buy and click on the 'Buy' button. 6. Follow the instructions provided by the seller to complete the payment outside of the Binance platform. 7. After the seller confirms the payment, the cryptocurrency will be transferred to your Binance wallet. Remember to double-check the seller's reputation and ratings before proceeding with the transaction. Happy trading! ☺
  • avatarDec 30, 2021 · 3 years ago
    As an expert from BYDFi, I can guide you through the process of buying crypto using P2P on Binance: 1. Start by logging in to your Binance account and accessing the P2P trading platform. 2. Choose the cryptocurrency you wish to purchase and select a payment method that suits you. 3. Browse through the available offers from sellers and carefully review their profiles, ratings, and trade history. 4. Once you find a suitable offer, click on it to view more details. 5. Enter the amount of cryptocurrency you want to buy and click on the 'Buy' button. 6. Follow the seller's instructions to complete the payment outside of Binance. 7. After the seller confirms the payment, the cryptocurrency will be transferred to your Binance wallet. Always remember to exercise caution when engaging in P2P trading and conduct thorough research on the seller before proceeding with any transaction. Happy trading! Ὠ0