Binance P2P (peer-to-peer) is an integrated platform within Binance that allows users to buy or sell cryptocurrencies directly between individuals, without going through an automated exchange. It's somewhat like a free market secured by Binance.
Here’s how it works:
🔹 1. Basic Principle
Buyer: wants to buy crypto (e.g., USDT, BTC, BNB…).
Seller: wants to sell their crypto and receive payment in local currency (DZD, EUR, etc.).
Binance acts as a trusted intermediary through an escrow system:
When the seller creates a listing, Binance holds the crypto in their account.
The buyer sends the money (via bank transfer, Baridimob, CCP, EDAHABIA, etc.).
Once the seller confirms receipt of the payment, Binance releases the crypto to the buyer.
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🔹 2. Steps to Buy (example)
1. Log in to Binance → “P2P Trading”.
2. Choose “Buy” and select the crypto (e.g., USDT).
3. Choose a reliable seller (check reviews and completion rate).
4. Indicate the amount you want to buy.
5. Pay the seller according to their payment method (shown in the listing).
6. Click on “Transferred, next”.
7. The seller confirms and you receive your crypto in your P2P wallet.
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🔹 3. Steps to Sell
1. Deposit the crypto you want to sell in your P2P wallet.
2. Click on “Sell”.
3. Select a reliable buyer.
4. Wait to receive the payment in your bank account or local wallet.
5. After confirmation, click on “Release” and Binance sends the crypto to the buyer.
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🔹 4. Security Tips
✅ Never release the crypto before receiving the money.
✅ Only use the payment methods specified in the listing.
✅ Prefer sellers with a 90% or higher success rate and many transactions.
✅ In case of issues, Binance offers an arbitration service (you can open a dispute).
#BNBATH880 p2p
