How to Buy and Sell Crypto via Binance P2P Express Zone
How to Buy and Sell Crypto via Binance P2P Express Zone
2021-01-22 13:21
You can buy and sell cryptocurrencies easily from the Binance P2P Express Zone. Simply enter the amount of crypto or fiat currency to buy or sell, and the system will automatically match the best-available order on the P2P market based on your preferred payment methods.
How to buy crypto via the Binance P2P Express Zone?
1. Log in to your Binance account and go to [Trade] - [P2P].
3. Select the fiat currency to use and the crypto you want to buy. Once you enter the fiat amount, the system will automatically calculate the crypto amount you can get. Click [Buy with 0 Fee].
4. Select your preferred payment method and click [Confirm Purchase].
5. You will see the seller’s payment details. Please transfer funds to the seller’s account via the payment method listed within the time limit. You may use the [Chat] function on the right to contact the seller directly.
After you have made the transfer, click [Transferred, notify seller] and [Confirm payment].
Important Note: You need to transfer the payment directly to the seller through a bank transfer or other third-party payment platforms based on the seller's payment information. If you have already transferred payment to the seller, do not click [Cancel] unless you have already received a refund from the seller in your payment account. Do not click [Transferred, notify seller] or [Confirm payment] unless you have paid the seller.
6. After the seller confirms your payment, they will release the cryptocurrency to you, and the transaction is considered complete. You can click [View my balance] to view the assets.
How to sell crypto via the Binance P2P Express Zone?
1. Log in to your Binance account and go to [Trade] - [P2P].
2. Click [Express].
3. Select the crypto you want to sell and the fiat currency you want to receive. Enter the amount to sell, and the system will automatically calculate the fiat amount you can get. Click [Sell with 0 Fee].
4. Select the preferred payment method and click [Confirm Sale].
5. The order status will be shown as [Pending Payment]. The buyer should transfer the funds to you via your preferred payment method within the time limit. You may use the [Chat] function on the right to contact the buyer.
6. After the buyer makes the payment, the order status will change to [Release crypto to the buyer]. Always confirm that you have received the buyer’s payment in your bank account or wallet before clicking [Payment received] and [Confirm release]. DO NOT release crypto to the buyer if you haven’t received their payment.
7. You will be prompted to confirm the release of crypto with your 2FA devices.
8. The order is now complete. You can click [View my balance] to check the remaining balance of your Funding Wallet.
Please note that you cannot place more than two ongoing orders at the same time. You must complete the existing order before placing a new order.