The buying pressure on Bitcoin has increased recently as a result of Donald Trump's election victory. In the Arab world, interest in the first digital currency has also increased, which is why today we will talk about the best way ever to buy Bitcoin in the Arab world and the Middle East. Through centralized trading platforms, you will be able to buy Bitcoin P2P, so let's find out what this method is and what are the steps to buy through it!
In this article
What does it mean to buy Bitcoin P2P?
What is a P2P or peer to peer market?
Buy Bitcoin P2P: Step 1 Create an Account on the Platform
Step 2: Find a P2P Marketplace
Buy and sell Bitcoin P2P
Could you be scammed?
Binance platform
What does it mean to buy Bitcoin P2P?
If you want to buy Bitcoin in 2025, the best way to do so is through centralized crypto platforms such as Binance, OKEx, and others. But in the Arab world, we face a big problem, which is that most local banks do not accept transactions with the crypto world, and therefore the bank may reject your purchase process, and in this way you will not be able to buy Bitcoin. Therefore, today we will talk about an ideal way, which is to buy Bitcoin P2P peer to peer.
What is a P2P or peer to peer market?
We usually call this market the free market or the P2P market and it is present on almost all major centralized crypto platforms. But today we will talk about the steps to buy Bitcoin P2P through the Binance platform. This is because the Binance P2P market is the largest free market in the crypto world. This market is simply where the seller and buyer can deal with each other directly without resorting to the spot market to buy or sell. Therefore, the platform here plays the role of the supervisor only to complete the process without any fraud or deception.
What happens is that you enter the platform and search for a suitable seller, then you pay him the money in the agreed-upon way, whether through an electronic wallet, bank transfer, or other. Once the seller receives the money in his account, he clicks a button on the platform stating that he has received the money from you, and the platform will transfer the Bitcoin to your account on the platform immediately. If you open your wallet on the platform and open the funding wallet box, you will find the Bitcoin in this wallet. The Bitcoin will become yours, and thus you can withdraw it to a hot wallet, sell it, or transfer it to another platform. Since you have understood the general idea, let's talk about the purchase steps in detail. Note before explaining that the steps for selling or buying will not differ at all.
Buy Bitcoin P2P: Step 1 Create an Account on the Platform
The first step will be to log in to the Binance platform and then create an account via email. Remember that the Binance platform is a centralized platform and therefore you will not be able to deal with it with a hot wallet. This means that you must register an account on the platform in order to use it. Make sure to use a strong password and that you also put your phone number for increased security. Note that the platform may be unavailable or banned in some Arab countries, in which case we advise you to check the legal status of buying Bitcoin in your country so as not to violate the law.
After creating an account on the platform, we recommend that you enable the 2FA feature to work to increase the security of your account. Remember that your Binance account has now become similar to your bank account. After that, you will need to go through the KYC procedures on the platform. These procedures are necessary to increase security and comply with international laws. Simply at this stage, you will upload a photo of your passport and take a selfie with your phone’s camera to confirm your identity. After that, you may need to upload a bank statement as well. This step usually does not take more than a day, but in rare cases it may take longer. Once you have completed this step, you will be ready to use the account.
Step 2: Find a P2P Marketplace
Note that the Binance platform can be used from the platform's website or through the application, which is available on Android and Apple. Therefore, we recommend the application because it is easy to use. When you enter the platform, click on the Binance logo at the top left. Then after that, search for the word P2P. If you do not find it, click on more services and you will find it under the Trading box. Click on it and you will enter the free market page. If you have gone through the Know Your Customer procedures, you will be able to enter the page and use the market, but if you have not gone through them, you will need to go through the procedures first before using the free market. After that, you will be able to buy Bitcoin P2P easily.
Choose the currency you want to deal with. In this case, we will choose AED or the UAE Dirham. You can choose all the currencies of the Gulf countries with the utmost ease. If you want to choose the dollar or the euro, you can do this as well, but we always prefer to deal with the local currency of your country.
After that, change the cryptocurrency to Bitcoin and you will notice that you can buy USDT on P2P as well.
Since you want to buy, you will click on Buy, but if you want to sell, you will click on Sell. In BUY, you will find the buy button in green on the right, while in SELL, you will find the sell button in red on the right.
Buy and sell Bitcoin P2P
You will find the user interface like the image above and thus you can search these sellers for the seller that suits you to deal with. Note that the selection criteria will be based on previous reviews of buyers from this seller and the payment method. You will always find the payment method on the right, whether bank transfer or electronic wallet. Click on the seller you want to deal with and you will find this page has opened.
On this page you will find all the details you are looking for, whether it is the payment method or the number of currencies you want to buy. It is important to read the seller's terms and conditions so that you do not violate the laws or get into trouble. Do not forget to read previous reviews about this seller.
Enter the number of dirhams you want to buy and then click on place order. Note that when buying Bitcoin P2P you do not need to buy a full currency. You can buy even for just 100 dirhams or 100 riyals. It depends on the minimum amount accepted by the seller. Some sellers, like the one in the picture, require transactions of a minimum of 500 dirhams, others may accept only 100 dirhams, and there are some sellers who do not accept transactions less than 100 thousand dirhams. Therefore, you will find a different variety on this market from different sellers.
After that, you will send the cash to the seller in the agreed upon way and once he receives the money, he will click a button on the platform that will transfer the money to you. In the case of a sale, you will reverse these steps and you will be waiting to receive the cash in your bank account and then you will click a button on the platform to send the coins to the buyer.
Could you be scammed?
Some people think that buying Bitcoin P2P may expose you to fraud, but on the Binance platform in particular, this is difficult to happen. This is because the platform freezes the digital currencies that are involved in any sale or purchase process. Therefore, if you buy Bitcoin from the P2P market, the seller's Bitcoins will be frozen in his account and he will not be able to withdraw, sell or buy them. This is because you have opened a deal with him, and therefore during the open deal time he will not be able to control the currencies. This seller will have two options, either to say that he has received the money from you and thus the currencies will be sent to your account, or to announce that he did not receive anything from you. In this case, he will not receive his currencies, and you and the seller will resort to customer service to solve the problem. If you have a screenshot as proof of your transfer of funds in addition to evidence from your bank statement transferring the funds to him, you will not need to worry because you will receive the currencies in your wallet. Note that this seller will be expelled from the Binance platform and will not use it again. This is because his passport will be prevented from registering any new account. If you compare, for example, the prices of buying and selling Bitcoin on the p2p market on Binance, you will find that they are much better than any other platform. That is why it is absolutely not in anyone’s interest to be kicked off the platform and you will find sellers rushing to help you in case of problems because it is not in their interest to have a problem.But do not deal with anyone outside the platform because you are leaving the protection of the platform in this way, and do not communicate with anyone in a chat outside the platform chat.
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