What is P2P Trading on Binance?
P2P (Peer-to-Peer) trading allows users to buy and sell crypto directly with other users, without needing a third-party exchange order book.
How It Works?
Choose a buyer or seller from the Binance P2P marketplace.
Send or receive payments directly through bank transfers or other methods.
Binance escrow service ensures safe transactions.
Pros & Cons
✔ No trading fees
✔ Multiple payment methods
✔ Direct transactions with users
❌ Risk of dealing with unreliable buyers/sellers
P2P trading is great for those looking for flexible payment options. Do you use P2P, or do you prefer spot trading? Let’s discuss.