To profit on Binance P2P, focus on these strategies. First, engage in arbitrage by buying crypto at a lower price on one market and selling higher on another, leveraging price differences across exchanges or fiat currencies (e.g., buy BTC in USD, sell in EUR for a $100โ$200 profit per trade). Second, set competitive prices for your buy/sell ads, using a thin spread to attract more trades or a wider spread for higher margins (e.g., sell USDT at 1.04 USD if market price is 0.99 USD). Offer multiple payment methods, including less common ones, to appeal to more users. Use Binanceโs escrow service for secure transactions, minimizing fraud risks. Monitor market prices and trade high-volume cryptos like USDT or BTC for liquidity. Be responsive, complete trades quickly, and maintain a good reputation. Always research risks, as prices can fluctuate, and scams are possible.
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