
How to BUY /SELL Crypto on Binance P2P Trading | Beginner’s Guide | App Tutorial
If you want to buy and sell cryptocurrency on Binance using P2P (peer-to-peer) trading, this video will walk you through the process step by step. P2P trading on Binance allows users to buy and sell crypto directly with other users using their preferred payment methods. To get started, open the Binance app and log into your account. Before using P2P trading, ensure that you have completed identity verification (KYC) and enabled SMS verification for security purposes. Once logged in, tap on the 'Trade' option at the bottom of your screen. From the available options, select 'P2P' to enter the peer-to-peer marketplace. If you are new to P2P trading, Binance may provide a quick guide before proceeding. Once inside the P2P trading section, you will see two main options: 'Buy' and 'Sell.' To buy crypto, tap on 'Buy' and select the cryptocurrency you want to purchase, such as USDT, BTC, or BNB. Next, enter the amount you wish to spend and browse through the available sellers. Choose a seller based on their price, payment method, and user rating. Once you've selected a seller, initiate the trade and follow the instructions to transfer the payment directly to the seller. After making the payment, tap on 'Mark as Paid,' and once the seller confirms receipt, Binance will release the crypto to your funding wallet. To sell crypto, go to the 'Sell' section, select the crypto you want to sell, and choose a buyer based on their offer and payment method. Enter the amount you wish to sell and select your preferred payment option. After initiating the trade, wait for the buyer to transfer the funds to your bank account or preferred payment method. Once you confirm receipt of payment, release the crypto to the buyer. If you have insufficient funds in your funding wallet for selling, you may need to transfer assets from your spot wallet before proceeding. Binance P2P trading provides a secure way to buy and sell crypto with various payment options, but always ensure that you follow safety measures and only trade with verified users. If you have any questions or issues, leave a comment below for further assistance. Timestamps: 0:00 Introduction 0:19 Logging into Binance and accessing P2P trading 0:38 Enabling identity verification and SMS verification 0:50 Selecting P2P trading mode 1:06 How to buy crypto on Binance P2P 1:30 Choosing a seller and making payment 1:50 Confirming purchase and receiving crypto 2:05 How to sell crypto on Binance P2P 2:25 Selecting a buyer and confirming payment 2:45 Transferring funds to the funding wallet (if needed) 3:00 Conclusion Hashtags: #Binance #P2PTrading #CryptoTrading #BuyCrypto #SellCrypto #Bitcoin #Ethereum #CryptoExchange #Blockchain #Finance