Last updated: 29 April 2025
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The Binance P2P Merchant Program is designed to enhance the trading experience for our users by recognizing our most dedicated and trustworthy merchants. Here’s everything you need to know about becoming a verified merchant, including the different tiers and their exclusive benefits.
All verified merchants will begin at the Bronze level and advance to higher levels based on their performance in the previous month.
To be qualified for different levels, you need to satisfy the requirements accordingly:
| Requirement | Bronze | Silver | Gold |
| P2P Trading Volume in the Previous Month | All verified merchants | Reach a minimum of 6 BTC or 200,000 USDT equivalent (whichever value is met) | Reach a minimum of 60 BTC or 2,000,000 USDT equivalent (whichever value is met) |
| P2P Trading Completion Rate in the Previous Month | N/A | At least 98% | At least 98% |
| Merchant Deposit Requirement | Remain at current basic deposit amount | Required 130% of the basic deposit amount | Required 200% of the basic deposit amount |
Verified merchant levels are reassessed during the first week of each month, using trading records from the merchant's performance in the prior month. For Silver and Gold levels, the deposit requirement must be met upon status upgrade; failure to do so will result in the merchant remaining at their previous month's level.
Note: If the deposit amount has already met the requirement, the merchant level will be upgraded normally.
Example:
If a Silver merchant meets the criteria for Gold status during the reassessment period but fails to top up the required deposit for Gold status, they will remain at Silver level for the current month, despite their performance qualifying them for an upgrade.
Merchants in different levels will enjoy different perks:
| Perk | Bronze | Silver | Gold |
| Exclusive Merchant Badge | Bronze badge | Silver badge | Gold badge |
| Fee Rebate/ Discount* | 20% | 30% | 50% |
| Ad Posting Count (Each crypto/fiat pair) | 3 | 4 | 4 |
| Automated Security Deposit Top Up | Available | Available | Available |
Ad Sharing Inventory
| Yes | Yes | Yes |
| Quick Release/Cancel | Yes | Yes | Yes |
| Appeal Response Time | Less than 1 hour | Less than 1 hour
| Less than 1 hour
|
| Access to CS | 24/7 services | 24/7 services | 24/7 services |
*For example, if the current maker fee rate for the P2P Merchant is 0.1%, the fee rate for Silver level merchants will be 0.1 * (1-0.30) = 0.070%.
You can check your current verified merchant level and progress under [Profile] on the Verified Merchant Portal.
Note: Once your level has upgraded, you can repost your current ads to enjoy the new fee rate. If your level has downgraded, your current ads will be automatically closed, and you will need to post new ads manually.
You can check your previous month's trading performance under [Profile] - [Last Month] on the Verified Merchant Portal.
Disclaimer: Binance P2P team reserves the right to suspend or terminate your P2P activities if we identify fraudulent trading activities on your account, including but not limited to wash trading to improve your monthly trading performance.
