08. How to Buy/Sell Cryptocurrency Using P2P Trading

 

1. Go to [Buy Crypto] ➡︎ [P2P Trading]

 

Log into your Binance Account and go to [Buy Crypto] ➡︎ [P2P Trading] to start Peer-to-Peer trading, with no transaction fees. 

 

 

 

 

 

 

 

2. Select [Buy] or [Sell]

 

Select [Buy] or [Sell] according to your needs. 

 

 

 

 

 

3. Enter [Amount] ➡︎ Select [Fiat] Currency ➡︎ Select [Payment]    

 

 

 

[Buy]

 

Click [Buy] and select the currency you want to buy. Filter the price and the [Payment] in the drop-down, then click [Buy] 

 

 

 

[Sell]

 

Click [Sell] and select the currency you want to buy. Filter the price and the [Payment], then click [Sell] 

 

 

 

 

 

 

4. Enter [Amount] / [Quantity] ➡︎ Click [Buy / Sell]

 

Enter the Amount(in your fiat currency) or Quantity(in crypto) you want to Buy/Sell and click [Buy]/[Sell]

*The transaction will now display “Payment to be made by buyer”

*The example below is showing how to buy crypto using P2P trading. 

 

 

 

 

*After the buyer makes payment, the transaction will now display “To be released”. Please make sure that you’ve actually received payment from the buyer, to the payment app/method you used. After you confirm the receipt of money from the buyer, tap “Confirm release” and “Confirm” to release the crypto to the buyer’s account. Again, If you have not received any money, please DO NOT release crypto to avoid any financial losses.

 

 

 

5. Complete Order

 

Now the order is completed, the buyer will receive the crypto. You can click [Check my account] to check your Fiat balance.

 

 

Tips:

1. Please make sure to log in to your account to confirm the payment is received, this can avoid financial losses caused by wrongly clicking on the release button.
2. The digital assets you are selling have been frozen by the platform. Please confirm the receipt of the payment from the buyer and click “Release” to release the crypto.
3. Please do not agree to any request to release the crypto before confirming the receipt of the payment to avoid financial losses.
4. After receiving the SMS notification, please be sure to log in to your bank account to confirm whether the payment is credited, this will avoid the release of crypto due to Fraud SMS.