Last updated: 5 Dec 2024
The Binance P2P Merchant Program is designed to enhance the trading experience for our users by recognizing our most dedicated and trustworthy merchants. Here’s everything you need to know about becoming a verified merchant, including the different tiers and their exclusive benefits.
All verified merchants will begin at the Bronze level and advance to higher levels based on their performance in the previous month.
To be qualified for different levels, you need to satisfy the requirements accordingly:
| Requirement | Bronze | Silver | Gold |
| P2P Trading Volume in the Previous Month | All verified merchants | Above 6 BTC or 200,000 USDT | Above 60 BTC or 2,000,000 USDT |
| P2P Trading Completion Rate in the Previous Month | N/A | At least 98% | At least 98% |
Verified merchant levels are recalibrated during the first week of each month. The trading records used for this recalibration are based on the merchant’s performance in the previous month.
Merchants in different levels will enjoy different perks:
| Perk | Bronze | Silver | Gold |
| Exclusive Merchant Badge | Bronze badge | Silver badge | Gold badge |
| Fee Rebate/ Discount* | 20% | 30% | 50% |
Ad Sharing Inventory
| Yes | Yes | Yes |
| Quick Release/Cancel | Yes | Yes | Yes |
Appeal Attendance Reply time | Less than 1 hour | Less than 1 hour
| Less than 1 hour
|
| Access to CS | 24/7 services | 24/7 services | 24/7 services |
*For example, if the current maker fee rate for the P2P Merchant is 0.1%, the fee rate for Silver level merchants will be 0.1 * (1-0.30) = 0.070%.
You can check your current verified merchant level and progress under [Profile] on the Verified Merchant Portal.
Note: Once your level has advanced, you can repost your current ads to enjoy the new fee rate. If your level has downgraded, your current ads will be automatically closed, and you will need to post new ads manually.
You can check your previous month's trading performance under [Profile] - [Last Month] on the Verified Merchant Portal.
Disclaimer: Binance P2P team reserves the right to suspend or terminate your P2P activities if we identify fraudulent trading activities on your account, including but not limited to wash trading to improve your monthly trading performance.
