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Author Topic: How to sell Crypto on P2P & How to add payment Method in Binance.  (Read 248 times)
NoorulHuda (OP)
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March 23, 2022, 12:22:11 PM
Last edit: March 24, 2022, 09:55:25 AM by NoorulHuda
Merited by Pmalek (1), hugeblack (1), Issa56 (1)
 #1

Let me explain how to sell your crypto on P2P in Binance.


First of all ho to the wallets.


Now go to Funding Section.


Now select P2P


Now select the seller which you think has a good price and also check minimum amount which he/she want to sell.


Enter amount and select payment method which you have added..
After this... Seller will send you your amount to your account... after confirming you will have to release his/her crypto.


And now let me explain how to add payment method.


Go to three dots and select payment methods.


Select add payment method.


Select Bank Transfer.


Now add details of your bank and Confirm.
After this they ask 2FA and your Bank details will be added.
Issa56
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March 23, 2022, 12:30:14 PM
 #2

Your post is very nice and educative I believe it's going to benefit lot's of people but please just try and resize your image, your image is too wide and long so please try and adjust your image to make the post looks smart and good.
And also before selecting a buyer or seller  make sure you check the amount of completed transaction and the rating of the buyer or seller before choosing who you will sell your coin to or who you will buy from, scammers are also on P2P so we have to be very careful.

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PX-Z
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March 23, 2022, 12:34:16 PM
 #3

Appreciate the effort but I guess this is nothing important anymore since this is clearly stated and instructed when you're a user of binance.

You can find a how-to link, or demo instructions there  when you're trying to add payment methods or any other features they have there which you can skip if you like.

NoorulHuda (OP)
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March 23, 2022, 02:09:15 PM
 #4

but please just try and resize your image, your image is too wide and long so please try and adjust your image to make the post looks smart and good.

Already tried... When I try to small it more. The pictures does not say that which I want to deliver. So I think it is better.
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March 23, 2022, 04:16:37 PM
 #5

Dozens of guides already exist on the web mate; and even from Binance themselves.

https://www.binance.com/en/support/faq/2f1d9f5f360a45c38b81413f722afa22
https://www.binance.com/en/support/faq/360039385091

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March 23, 2022, 05:50:29 PM
Merited by erep (2), Pmalek (1), Fara Chan (1)
 #6

Let me explain how to sell your crypto on P2P in Binance.
Peer-to-peer (P2P) features already exist in many other platforms but in binance exchange then beginners should know the eligibility criteria that P2P services can use:
- Make sure the Merchant has a yellow tick, meaning that it has done kyc and other verifications.
- Set exchange rates that have exchange support in your local currency
- Pay attention to the minimum and maximum amount for trading
- Choose a payment method, make sure it supports the withdrawal you want.

Binance P2P recommends that you pay attention to user profiles and activity details for analysis of users offering P2P services:
- Security deposit, essentially an escrow fund, ensuring no cheating or wash trading. With this deposit, users don’t need to worry about suffering fiat or crypto assets loss.
- Total orders, the full number of transactions made
- 30d orders, number of transactions completed in the last 30 days
- 30d completion rate, percentage of transactions that he has started and completed successfully in the last 30 days
- Avg release time, how long does it usually take for the seller to release the crypto
- Online ads, the offers to buy and sell that the user has online
It is very important to advise users to recognize the criteria for fraud in P2P services, Binance has provided an article to understand How to Prevent Common Fraud Activities

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March 24, 2022, 08:23:18 AM
 #7

First you should choose a reliable buyer and seller
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March 24, 2022, 09:38:06 AM
 #8

I can understand the usefulness of this topic if Binance does not require KYC[1], but currently, a small group will be able to benefit from this topic (who have completed Binance KYC) in exchange for the possibility of using P2P non-kyc Cexs or Dexs.
In addition, you should contact the support team, find a reliable seller and this may not be available for many countries.
You may need to reformat the topic using ----> [Tutorial] How to add image, resize image and ... - Bitcoin Talk

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NoorulHuda (OP)
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March 24, 2022, 09:59:36 AM
 #9

hugeblack Edited now.
Now more resizing can dim my main pupose of post.
Issa56
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March 25, 2022, 04:03:20 PM
 #10

First you should choose a reliable buyer and seller


Choosing reliable buyer or seller is very important because there are some scammers on bitcon p2p, that's why whenever you are choosing buyer or seller you have to make sure that you confirm the amount completed transactions from the buyer or seller, higher completed transaction always increase the confidence that the buyer or seller is real and also make sure you check how the buyer or seller is rated.

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March 25, 2022, 09:20:05 PM
 #11

Thank you for the guide OP. Am sure many new users will find it helpful. However, it will be more informative if you extend it a bit and explain how to buy cryptocurrencies and how to check the seller's feedbacks to avoid scammers.

Side note: the guide will look more professional if you use some tools to add either boxes, circles or arrows to highlight texts or buttons  and stick to the same format and color for all the screenshots.

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March 25, 2022, 11:27:16 PM
 #12

Let me explain how to sell your crypto on P2P in Binance.

~snip~
Use the html code [img width=xxx]http://Image link[/img] to resize the image, change the xxx to the size you want, very simple.

For the tutorial that you provide is quite useful for beginners. But try adding a method of how to transfer Spot Balance to Funding Wallet, because to use P2P the balance must be in the Funding Wallet in order to make P2P transactions.
NoorulHuda (OP)
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March 25, 2022, 11:41:56 PM
 #13


Use the html code [img width=xxx]http://Image link[/img] to resize the image, change the xxx to the size you want, very simple.

Already resized sir.

Chech here the original pic.
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March 26, 2022, 11:13:43 AM
 #14

Appreciate the effort but I guess this is nothing important anymore since this is clearly stated and instructed when you're a user of binance.

You can find a how-to link, or demo instructions there  when you're trying to add payment methods or any other features they have there which you can skip if you like.
She created this tutorial using simple words. I think many non-native English speakers will appreciate find such a discovery. I know many people using Binance but know nothing about how to use P2P feature ; some of them even think it's another forked chain derivative from BSC.
I think also it's important to create such a guide for bitcointalk users. I search the forum and found nothing about how to use those features in Binance.

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March 27, 2022, 01:57:38 PM
 #15

Thanks for the post, the post is educative and will be useful to new binance users and newbies in the forum. It good you make everything look simple and understandable. A little guide about how to avoid scammers on the platform will be helpful as well because scammers are everywhere now.
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