Means "trading from person to person on the Binance platform, which is a feature that allows users to buy and sell cryptocurrencies (such as USDT, BTC, ETH...) directly with each other, without a central intermediary.
P2P
It is an abbreviation for
Peer-to-Peer
Any peer-to-peer
How does Binance P2P work?
A person lists a cryptocurrency for sale, specifying the price and payment method.
(such as bank transfer, PayPal...).
Another person selects this offer and pays the seller directly.
Binance escrow holds the currency in trust to protect both parties.
After the seller confirms receipt of the amount, Binance releases the currency to the buyer.
Key features:
Ability to use local payment methods.
Competitive prices.
No need for a bank card or international transfer.
Security is guaranteed thanks to Binance's escrow service.
