General rules
Buying and selling cryptocurrency with “Cash in person” payment means a personal meeting between the buyer and the seller.
By agreeing to this type of trade, the user accepts the terms and conditions of trading with cash by default, and is aware of all risks and responsibilities.
Binance does not participate in transactions, either directly or indirectly, and is not responsible for possible risks and financial losses.
In case of disputes, the support service will only take into account the information specified in the trade rules of the advertisement and the correspondence in the order chat.
The seller and buyer must ensure that proof of cash payment is preserved. This can be a photo, a formal contract, or a chat conversation.
Guide for sellers:
- Remember that you must ensure your own security when conducting an offline transaction
- You are fully aware of and understand the risks that may occur during offline transactions
- Do not use any other channels or messengers for communication other than the chat in the order
- The cryptocurrency is frozen in the order and will not be released until the seller confirms receipt of payment
- The seller does not have the right to change the price after the order is placed and the buyer arrives
- Before confirming the payment, the seller must carefully recalculate and check the money
- After you confirm that you have received the payment, transfer the assets to the buyer within 15 minutes
- Once the order is marked as completed, it cannot be appealed under any circumstances
Guide for buyers:
- Remember that you must ensure your own security when conducting an offline transaction
- You are fully aware of and understand the risks that may occur during offline transactions
- When choosing a seller on the platform, do not make a decision based only on a cheap price - check the seller's rating, the availability of a security deposit on the platform and the time of his trading on Binance P2P
- Do not use any other channels or messengers for communication other than the chat in the order
- Do not agree to meetings in dubious places, and remote from the city center - the meeting place must be agreed in advance and agreed by both parties
- The cryptocurrency is frozen in the order and will not be released until the payment is confirmed by the seller
- During the transaction, do not allow your money to be taken away, under any pretext - the recalculation and verification of cash must be carried out in the presence of both parties to the transaction
- Once the order is marked as completed, it cannot be appealed under any circumstances