🧵 Part 5: What is P2P on Binance and how does it work?
Buddy! If you already have your verified Binance account and are ready to buy crypto without a card or bank, this part is for you 🔥👇
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🪙 1. What is P2P?
P2P (peer-to-peer) is the marketplace within Binance where you can buy and sell cryptocurrencies directly with other people, using bank transfers, Bizum, or even PayPal.
Binance acts only as an intermediary to protect you.
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🛡️ 2. Is it safe?
Yes! Binance blocks the seller's funds while you make the payment.
If the seller does not confirm, you can open a dispute and Binance intervenes. It is very safe if you follow the rules.
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💰 3. What can you buy?
• USDT (most used)
• BTC, ETH, BNB, SOL, and more
With that, you can trade or hold it 🔐
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🏦 4. How to pay?
From Spain, the most common ways are:
• SEPA Transfer
• Bizum
• Revolut
• N26
• PayPal (less common)
💡 Always check the seller's conditions before paying.
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📲 5. How do I use it?
1. Go to Binance
2. Go to “P2P Trading”
3. Choose the crypto you want
4. Filter by payment method
5. Choose a seller with a good rating
6. Follow the steps, make the payment, and you're done!
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⚠️ 6. Key tips
✅ Only deal with verified users and those with good ratings
⛔ Never mark as “paid” without having paid
🕒 Do everything within the time given
🚨 If there are issues, open a dispute
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🎯 Conclusion:
P2P on Binance is one of the easiest and fastest ways to buy crypto from your bank in Spain, without complications. And with no fees!
In the next part, I will explain how to sell via P2P and make a profit 💸
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Did you find this information helpful? Have you used P2P on Binance?
Let me know in the comments and share so more people can learn crypto easily 💪
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