How to Buy Cryptocurrency via P2P Trading on Binance Lite

Last updated: 15 Aug 2024

You can buy cryptocurrency via P2P trading with over 600+ payment methods on Binance Lite.

How to enable Binance Lite?

The Binance Lite mode offers a clearer and easier way for you to buy and sell cryptocurrencies using fiat currencies. You can switch between Lite and Pro versions by tapping the [Binance] icon at the top left corner of your screen. Then, scroll down to the bottom of the screen to [Binance Lite] to switch to the Lite version, and repeat the same process to change back to the Pro version.

Before buying any crypto, please make sure you have enabled at least one Two-Factor Authentication (2FA) method and completed Identity Verification for your account.

How to buy crypto via P2P trading on Binance Lite?

1. Log in to your Binance App and tap [Add funds] on the app homepage.

2. Let’s take for example, buying crypto with VND. Select [Buy with VND].

3. Select the crypto you want to buy.

4. Enter the amount you want to purchase.

You may also tap on the fiat currency next to the purchase amount to select another currency. Tap [Buy] to create an order.

5. Select your preferred payment method and tap [Confirm].

6. Once the order is created, tap [View Payment Details] to view the payment information provided by the seller.

7. You will see the seller’s payment information. Please make payment as instructed. Once you’ve transferred the payment, tap [Transferred, Notify Seller].

Please make sure to transfer funds from your own account that matches your verified name on Binance.

Please note:

• If you cannot receive the crypto 15 minutes after tapping [Transferred, notify seller], you can contact the seller directly by tapping the [Chat] icon on the top. You may also tap [Appeal] to contact Customer Support agents for assistance.
• You cannot place more than 2 ongoing orders at the same time. You must complete the existing order before placing a new order.

8. Please wait patiently for your order to process. You’ll see the purchased crypto in your account shortly once the seller confirms receiving your payment.

To learn more, please visit the P2P Trading FAQs page.