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Introduction:

“Fiat currency” here refers to legal tender, such as RMB, USD, EUR, etc. Legal tender can be used on the Binance platform to buy USDT or other digital assets in the C2C trading area.


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What is USTD?

USDT is a stablecoin, holding USDT can be used to purchase BTC, ETH, ETC, and other digital assets, as well as engage in other derivative trading.

Currently, most exchanges do not support direct purchase of digital assets with RMB. Digital assets are obtained through direct transactions between users. This requires you to transfer funds to the seller; since it is not purchased through the platform, we are engaging in C2C trading. Binance serves as a trading platform, providing a platform for buyers and sellers.

1. Before buying coins, you need to bind your phone number and complete identity verification, which is KYC (Know Your Customer) verification. Users need to comply with platform rules using the phone number for the exchange platform service. It is best to bind a payment method to facilitate selling coins later.

2. You can purchase digital assets through the selected area or quick area.

3. The selected area needs to meet the requirements of the advertiser and comply with the advertiser's restrictions. Here we mainly introduce the quick area, which is more recommended for novice players.

4. After filling in the corresponding amount or quantity, click to buy USDT and choose the corresponding payment method.

5. Payment

Make the payment promptly according to the payment information on the page. After completing the payment, click “I have completed the payment, notify the seller.” If you forget to click paid after payment, the order will be canceled due to timeout. Remember to contact customer service for assistance.

6. Verify the order and complete the order.

The seller will release the digital currency to your funds account after receiving your payment. We can check the assets in the funds account.

  • 1. Click “Buy” to place an order.

  • 2. Transfer to the seller offline according to the payment method provided by the seller.

  • 3. After payment, click “I have completed the payment, notify the seller.”

  • 4. The seller will release the digital currency to your funds account after receiving your payment.

C2C trading warm tips:

  • Each order has a fixed transaction time limit. Please complete the payment within the time limit.

  • Please click “I have paid, notify the seller” before the countdown ends to avoid cancellation of the order due to timeout, which could result in financial loss!

  • Do not cancel the order after payment, otherwise it will result in financial loss!

If you accidentally forget to click paid after payment, remember to contact customer service immediately for assistance.