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What Is the Advertising Shared Inventory Function on Binance P2P?

What Is the Advertising Shared Inventory Function on Binance P2P?

2024-03-01 04:00
The advertising shared inventory function allows P2P makers to post multiple sell ads using the same pool of assets.
For example, you have 100 USDT in your Funding Wallet. With the shared inventory function, you can post multiple sell ads (100 USDT or less each) at the same time, without having to transfer more assets to your Funding Wallet.
Benefits
  • Enhanced asset utilization: Post multiple sell ads using the same pool of assets;
  • Multiple advertising strategies: Multiple payment methods and different price settings;
  • Maximize ad exposure: Gain more exposure for your ads.
1. You can only post a maximum of three (3) active sell ads for the same trading pair at the same time.
2. Ads posted with the shared inventory mode:
a) When multiple ads share the same pool of assets, an ad will be hidden from the P2P marketplace when the available asset balance in your Funding Wallet is insufficient to cover its minimum order amount.
If you don’t update the ad or if your Funding Wallet balance is still insufficient to cover the ad’s order amount after 24 hours, the ad will be automatically taken offline.
b) When you transfer more assets to your Funding Wallet, and the available asset balance is sufficient to cover the minimum order amount of an ad, the ad will automatically switch from “hidden (online)” to “online” in the P2P marketplace. Its ranking won’t be affected.
Ads posted without using the shared inventory mode:
The ads already posted (before the shared inventory mode is activated) won't be affected. However, your Funding Wallet assets will be frozen to cover these ads’ order amount. If you’d like to post new sell ads under the shared inventory mode, you’re recommended to close your existing ads first, so you can utilize the maximum amount of assets in your Funding Wallet.
Please note that only the ads posted after you’ve activated the shared inventory mode are counted as ads posted with shared inventory mode.
How to differentiate the ads posted with or without the shared inventory mode?
  • The ad number of the ads posted with the shared inventory mode start with "13".
  • The ad number of the ads posted without the shared inventory mode start with "11" or "12".
3. When the shared inventory mode is activated, posting a sell ad won’t freeze the corresponding assets in your Funding Wallet. Your assets will only be frozen when an order is placed.
Please note that the asset balance changes in your Funding Wallet won’t affect the target quantity of ads posted under the shared inventory mode. Target quantity refers to the total amount of assets you aim to sell in an ad. It decreases as buyers successfully complete orders from the ad.
For example, you posted an ad with a target quantity of 100 USDT. Let's say you have 150 USDT in your Funding Wallet, and you transferred 80 USDT to your Spot Wallet. Despite the available balance in your Funding Wallet dropped to 70 USDT, the target quantity of the ad won’t be affected. However, your ad will be hidden as the available asset balance in your Funding Wallet (70 USDT) cannot cover its minimum order amount (100 USDT).
Similarly, if you transfer 50 USDT to your Funding Wallet, bringing the total balance to 200 USDT, the target quantity of your ad will remain unchanged as 100 USDT.
4. The shared inventory mode is applicable to all sell ad types (Normal, Cash, Block).
5. You must reserve a portion of an ad’s target quantity as processing fee. When an order is complete, the system will deduct the fee directly from the ad’s target quantity based on the actual maker fee rate.
For example, the available balance in your Funding Wallet is 100 USDT. You can post an ad (Ad A) with a target quantity of 100 USDT and another ad (Ad B) with the same target quantity of 100 USDT at the same time.
When a buyer places an 99 USDT order on Ad A, Ad A and Ad B will only have 1 USDT available. If the minimum order amount of Ad A and B are 0.5 USDT and 5 USDT respectively:
  • Ad A can remain online and visible on the P2P marketplace.
  • Ad B will remain online, but hidden from the P2P marketplace, since the available balance in your Funding Wallet (1 USDT) is lower than the minimum order amount (5 USDT).
If you decide to transfer more assets to your Funding Wallet, for example 99 USDT, Ad B will be automatically online and visible in the P2P marketplace, and can resume its previous ranking before being hidden.
On the other hand, if the order for Ad A is canceled, the tradable quantity of both Ad A and B will be restored to 100 USDT. Both ads can continue to be displayed on the P2P marketplace using their previous rankings.
1. Log in to your Binance account and go to the P2P User Center. You’ll see a pop-up window if you’ve been granted access to the shared inventory mode. Click [View details].
2. You’ll be redirected to post a sell ad. Under the shared inventory mode, you’ll notice that the “Total Amount” field has been replaced by “Target Quantity”.
Fill in the details for your sell ad and click [Next].
3. Check the ad details and click [Confirm to Post].
4. Your sell ad will be posted. You can view details on the [My Ads] page. You’ll see that ads posted under the shared inventory mode will display “Ad Balance” instead of “Total Amount”.
“Ad Balance” refers to the quantity of crypto available for sale in an ad. It is linked to the available funds in your Funding Wallet and the ad’s target quantity.
If your Funding Wallet balance is insufficient, “Ad Balance” will become red with an exclamation mark. It means that the ad balance is insufficient to cover the minimum order amount of the ad. Your ad will be hidden.
If you don’t transfer more assets to your Funding Wallet to cover the ad balance within 24 hours, the ad will be automatically offline.
1. Log in to your Binance app and go to [P2P]. You’ll see a pop-up window if you’ve been granted access to the shared inventory mode. Tap [View details].
2. You’ll be redirected to post a sell ad. Under the shared inventory mode, you’ll notice that the “Total Amount” field is replaced by “Target Quantity”.
Fill in the details for your sell ad and tap [Next].
3. Check and confirm the ad details before posting.
4. Your sell ad will be posted. You can view details on the [My Ads] page. You’ll see that ads posted under the shared inventory mode will display “Ad Balance” instead of “Total Amount”.
“Ad Balance” refers to the quantity of crypto available for sale in an ad. It is linked to the available funds in your Funding Wallet and the ad’s target quantity.
If your Funding Wallet balance is insufficient, “Ad Balance” will become red with an exclamation mark. It means that the ad balance is insufficient to cover the minimum order amount of the ad. Your ad will be hidden.
If you don’t transfer more assets to your Funding Wallet to cover the ad balance within 24 hours, the ad will be automatically offline.
1. Log in to your Binance account and go to the P2P Merchant Portal. You’ll see a pop-up window if you’ve been granted access to the shared inventory mode. Click [View details].
2. You’ll be redirected to post a sell ad. Under the shared inventory mode, you’ll notice that the “Total Amount” field has been replaced by “Target Quantity”.
Fill in the details for your sell ad.
3. Check and confirm the ad details before posting.
4. Your sell ad will be posted. You can view details on the [My Ads] page. You’ll see that ads posted under the shared inventory mode will display “Ad Balance” instead of “Total Amount”.
“Ad Balance” refers to the quantity of crypto available for sale in an ad. It is linked to the available funds in your Funding Wallet and the ad’s target quantity.
If your Funding Wallet balance is insufficient, “Ad Balance” will become red with an exclamation mark. It means that the ad balance is insufficient to cover the minimum order amount of the ad. Your ad will be hidden.
If you don’t transfer more assets to your Funding Wallet to cover the ad balance within 24 hours, the ad will be automatically offline.