[Binance]

Binance

https://coinmarketcap.com/exchanges/binance

2.0 bn          1,400,000+            24/7
Average daily volume                         Transactions per second                              Support

Binance
Binance Exchange is the largest crypto exchange by trade volume and one of the fastest in the world.

Academy
Binance Academy is an open access learning hub, providing a one-stop-shop for blockchain and crypto learning resources.

Charity
Binance Charity is a not-for-profit foundation dedicated to advancing blockchain-enabled philanthropy and global sustainable development.

Info
Binance Info is a crypto-encyclopedia; an open and objective information aggregation platform where anyone can contribute.

Labs
Binance Labs is an infrastructure impact fund and an initiative to incubate, invest in, and empower blockchain projects.

Launchpad
Binance Launchpad is the exclusive token launch platform for entrepreneurs to bring the most transformative crypto projects to life.

Research
Binance Research provides institutional-grade research reports, data-driven insights and analysis for investors in the crypto space.

Trust Wallet
The official wallet of Binance, Trust Wallet is a secure, decentralized wallet where users can send, receive and store their digital assets.

Binance Chain
Binance Chain is a community-driven blockchain software system, with developers and contributors from all over the world. Binance DEX is the decentralized exchange feature developed on top of Binance Chain.

Source https://www.binance.com/en/about

Fees: https://www.binance.com/en/fee/schedule

Binance P2P
Peer to Peer Local Exchange

1.What is P2P trading？

• P2P (Peer to Peer) trading is also known as P2P (customer to customer) trading in some regions. In a P2P trade user directly deals with his/her counterparty, exchanging the fiat asset offline and confirming the transaction online. Once the offline fiat asset exchange is confirmed by both parties, the digital asset is released to the buyer.
• A P2P platform serves as the facilitator of the trade by providing a platform for buyers and sellers to broadcast their offers. At the same time, the escrow services of online digital asset ensure the safety and timely delivery of digital asset during trade execution
  

2. How to Buy Crypto with P2P

In order to buy crypto with P2P, you must pass KYC and add a payment method in your account settings,

• Register and complete KYC.
• Add payment method: Click on account > Fiat setting > payment method > add new payment method > activate
• Buy Crypto On App: Click on Trade > Select P2P Tab > Select Buy Tab > Select Crypto Type > (Optional: Filter the Quantity/ Payment Method/ Fiat Type) > Choose an ad to “Buy” > Fill in the “Quantity” > Select a Payment Method > Click on “Buy Crypto” > Transfer fiat offline according to the instruction in transaction details > Click on “Transferred, Next” Button > Wait for seller’s confirmation > Completed
• Buy Crypto On Web: Click on “I Want to Buy” > Select Crypto Type > (Optional: Fill in the Quantity/ Filter Payment Method/ Filter Fiat Type) > Choose an ad and Click on “Buy Crypto” > Fill in the Amount or Quantity > Click on “Buy Now” > Transfer fiat offline according to the instruction in transaction details > Click on “Transferred, Next” Button > Wait for seller’s confirmation > Completed

3. How to sell your crypto?

In order to cash out your cryptocurrency, you will first transfer your crypto from the spot wallet to the Fiat wallet.

• Transfer fund to Fiat Wallet on App: Click “Wallet” > Click “Fiat” > Choose Crypto you want to transfer from Spot wallet to Fiat wallet > Click "Transfer"
• Sell your crypto on App: Click on Trade > Select P2P Tab > Select Sell Tab > Select Crypto Type > (Optional: Filter the Quantity/ Payment Method/ Fiat Type) > Choose an ad to “Sell” > Fill in the “Quantity” > Select a Payment Method > Click on “Sell BTC/USDT/etc.” > Wait for the buyer to transfer money offline > Click on “Release Crypto” button after confirming the offline payment > Completed
• Sell your crypto on Web: Click on “I Want to Sell” > Select Crypto Type > (Optional: Fill in the Quantity/ Filter Payment Method/ Filter Fiat Type) > Choose an ad and Click on “Sell Crypto” > Fill in the Amount or Quantity > Click on “Sell Now” > Wait for the buyer to transfer money offline > Click on “Release Crypto” button after confirming the offline payment > Completed

4. Are the offers I see on P2P exchange provided by Binance?

The offers you see on the P2P offer listing page are not offered by Binance. Binance serves as a platform to facilitate the trade, but the offers are provided by users on an individual basis.

5. As a P2P trader, how am I protected?

All online trades are protected by escrow. When an ad is posted the amount of crypto for the ad is automatically reserved from the seller's fiat wallet. This means that if the seller runs away with your money and does not release your crypto, our customer support can release the crypto to you from the reserved funds.
If you're selling, never release the fund before you confirm that you have received money from the buyer.

6. Can I trade without KYC, what do I need to do before trading on P2P

You can only start P2P trading after completing KYC verification and enabling SMS authentication.






https://www.binance.com/en/support/announcement/360038038972

Binance DEX
Binance DEX: A Decentralized Exchange

The dual-chain architecture of Binance Chain & Binance Smart Chain empowers you to build your own decentralized apps and digital assets on one blockchain, while also taking advantage of the fast trading performance offered on the Binance Decentralized Exchange (DEX).

https://www.binance.org

Binance Coin
Binance Coin - Token of Binance Exchange

Quotes: https://coinmarketcap.com/currencies/binance-coin
Trading pair: https://www.binance.com/en/trade/BNB_USDT

Binance Coin (or BNB) was created by Binance in 2017 as its utility token for discounted trading fees. Initially issued as an ERC20 token, Binance Coin has since become the native token of the main Binance Chain blockchain. Binance Coin can also be used to pay for travel expenses (such as hotels and flights booking), to buy virtual gifts, to shop using a credit card, and more.

https://www.binance.com/en/buy-Binance-Coin