Binance p2p trading is one of the easiest way to quickly deposit cryptocurrencies including USDT , BNB , BTC and more. In this article you will learn a step by step guide to deposit crypto via p2p trading.
Before you will be able to use the p2p deposit option the first thing you need to have is a "Verified binance account"
Now lets get into the process
Step 1- If you're using the web browser "Click" on deposit
And then you go to " P2P Trading" Make sure your account is logged in.
Step 1 ( Mobile app)
If you want to deposit using mobile app "Click" on binance logo at the right top
you can find a p2p option there " if your p2p option is not at the top you can click on " More services" to find it.
Go there and everything else will be same as i'll explain in the next steps.
STEP 2 :
Select the available crypto you want to buy
Then select your currency that you want to buy with. It can be PKR , SAR or any of your native currency you can use the search option for the quick search.
STEP 3:
Before you press the buy button i would suggest you to trade only with binance verified merchants. They are the one that have a "yellow verified tick" your p2p trading will be much safer with these verified merchants and then you check their completion rate and number of orders they completed in last 30 days.
The higher the number of orders and positive rating the better it is.
This portion will show you the payment method that you can use to pay the sellers,
Chose the one that is accepting the payment method you want to use to buy crypto
And then you press the "Buy Button
Enter the amount in USDT or The amount you want to spend or the amount you want to buy and then press the buy button.
You can also see the minimum and maximum quantity that the seller is willing to sell in this circled tab.
If you want to buy lower or higher than the amount that seller mentioned. You can manually enter the amount you want to buy. This will only show you the related seller ads and you will not have to find it manually.
If you are using the app, you can use this filter option to enter the amount you want to buy manually.
Once you find a seller "Press the buy button" It will redirect you to a chat page you can also chat with the seller.
Once you place a P2P order, the crypto asset of that seller will be freeze by Binance P2P. This will exclude your thoughts of getting scammed as binance will be your intermediary.
Send money to the seller via the suggested payment methods. Complete the fiat transaction and click "Transferred, notify seller" on Binance P2P. Once the seller confirms receipt of money, the escrowed crypto will be released to you.
This was the whole "p2p trading" Guide that you can use to buy your crypto assets.
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