zp_glosariop2p

A P2P trade doesn't kick off when you make the payment.

It starts when an order is opened.

📚 P2P Glossary #004: Order

In Binance P2P, an order is the space where a buy or sell between two users gets executed and logged.

It's not just a screen. It's the place where the main info of the trade is displayed: the amount, the price, the asset, the payment method, the deadline, the ad conditions, and the chat between both parties.

Practical example:
If you want to buy $BNB , you choose an ad and hit to start the trade. At that moment, an order is created. From there, you’re not just looking at an offer anymore: now there’s an active process both parties must follow.

In real life, it would be similar to an invoice, ticket, or receipt of a deal. It reflects what was agreed upon, how much is to be paid, under what conditions, and within what timeframe.

The order is also crucial if something goes sideways. If one party doesn’t pay, doesn’t release, sends confusing info, or if there’s a discrepancy between what was agreed and what happened, the info in the order can serve as evidence.

🚫Common mistake: thinking that opening an order isn’t important until payment is made. In reality, from the moment you open it, you’re already in a trade with timelines, conditions, and responsibilities.

So, before paying, releasing, or disputing, check the entire order. Many confusions arise from not reading what was there from the get-go.

⁉️What info do you check first when you open a P2P order?

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Have you opened a P2P order from an ad that was already published?

Then you acted as a Taker.

📚 P2P Glossary #003: Taker

In Binance P2P, the Taker is the person who takes an ad created by another user.

That is, they don’t post the offer, but choose one that’s already available and decide to initiate the trade by accepting its terms.

A simple example:
If you see an ad to buy or sell $BTC , you check the price, limits, payment method, and then open the order; in that trade, you are the Taker.

In real life, it would be like walking into a store and deciding to buy something from it.

Common mistake: thinking that Taker always means "buyer." Not always. A Taker can buy or sell, depending on the type of ad they take.

What’s important is to understand that by taking an ad, you are agreeing to review and comply with its conditions: amount, payment method, time limit, and instructions.

So, before opening an order, don’t just look at the price. Make sure to review the entire ad carefully.

⁉️Did you know that when trading within P2P, you had the role of Taker when taking an ad or offer?

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You placed a P2P order, but you didn't send the proof to the chat.
Then a question comes up: how do you prove what you did?

📚 P2P Glossary #005: Proof of Payment

In P2P, proof of payment is the evidence that shows a transfer or payment was made.

It can be a screenshot, bank receipt, or document generated by the payment method used.

Its importance comes in two moments:
If you're the one paying, sending it to the order chat helps keep a record within the operation. It's not just "letting you know I paid"; it's backing up the step you took.

If you're the one receiving the payment, carefully reviewing it helps you compare important data before proceeding: amount, date, time, reference, bank, account holder, and method used.

Practical example:
A user buys $BNB , makes the transfer, and sends the proof in the order chat. The other party reviews the document, compares the data with the payment received, and confirms if everything matches.

The common mistake is treating the proof as just another message.

It’s not.

The proof can help streamline the operation, avoid confusion, and serve as part of the evidence if there’s a discrepancy between what was paid, what was received, or what was communicated in the chat.

☑️ Clear rule:
If you pay, send the proof to the chat. If you receive, review it carefully.

In P2P, leaving clear evidence helps both parties.

⁉️ Do you check all the data on the proof before continuing with an order?

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The buyer says: “I already paid, release me quickly.”

But you still haven't confirmed the funds in your account.

📚 P2P Glossary #006: Release

In Binance P2P, to release means to hand over the locked cryptocurrency in the order to the other party after confirming that the payment has been received correctly. Remember, during a P2P operation, the cryptocurrencies are locked until this operation is resolved.

It's one of the most important steps in a trade.

Practical example:
You sell $BNB The buyer makes the payment, sends the proof in the chat, and marks the order as paid. Before releasing, you check your bank account, confirm that the amount is available, verify the account holder, and compare the details with the order.

Only when everything matches can you proceed with the release.
The common mistake is thinking that releasing is just “pressing a button.”

It’s not.

Releasing confirms that you accept the payment process has been completed. That's why it shouldn't be done under pressure, in a hurry, based on promises from the buyer, or just because a proof has arrived.

It's also important to understand that releasing too soon can complicate a trade if you later find out that the payment didn’t arrive, arrived incomplete, or doesn’t match the conditions.

📋 Clear rule:
Only release after confirming the payment has been received and is available.
In P2P, releasing is not just a formality. It’s the final confirmation of the trade.

⁉️ Have you ever been pressured to release before thoroughly checking the payment?

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Did you know that P2P didn't originate with cryptocurrencies?

It's a much older concept.

📚 P2P Glossary #001: P2P

P2P stands for Peer to Peer, which means person to person or equal to equal.

In real life, a simple example would be selling a used phone: one person offers, another buys, both agree on price, payment, and delivery.

On Binance P2P, something similar happens, but within a platform that acts as an intermediary and custodian of the funds. A user buys or sells cryptocurrencies like $BTC directly with another user, using payment methods available based on their country.

The difference is that Binance organizes the order, displays the conditions, and keeps assets like $BTC temporarily locked while the transaction is completed.

So, P2P doesn't mean trading without rules. It means direct exchange between people, with conditions, evidence, and accountability within a safe and protected space.

Understanding this concept is the first step to grasping announcements, orders, payment methods, reputation, and appeals.

Did you already know that P2P meant 'person to person'?


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Ever seen a P2P ad and wondered who created it?

That's where the 📋 Maker comes in.

📚 P2P Glossary #002: MAKER

ℹ️ In Binance P2P, the Maker is the person who posts an ad to buy or sell cryptocurrencies.

They set important conditions like the price, minimum and maximum amounts, available payment methods, and instructions that need to be reviewed before placing an order.

A simple example:
If a trader posts an ad to sell $BNB and you decide to open that trade, that trader acts as the Maker because they created the offer.

In real life, it's like someone listing a product for sale: they set the price, indicate how they accept payment, and wait for an interested party to take the offer.

👀 But being a Maker doesn't mean having absolute control over the trade. They must also comply with Binance's rules, respect the ad's conditions, and keep clear evidence within the order chat.

❌ Common mistake: thinking that Maker always means “seller.” Not always. A Maker can post ads to buy or sell, depending on the type of trade.

Understanding who the Maker is helps you read the ads better and know who set the initial conditions.

Did you know that a Maker can buy or sell in P2P?


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