Why is there no P2P on Binance?

There will no longer be a P2P Wallet entry , including the navigation and wallet list on the left side of the wallet overview page. The crypto purchased via Binance P2P will directly be transferred to the Funding Wallet. When users sell crypto via Binance P2P, the funds will be deducted from their Funding Wallets.12 Ağu 2021

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What is funding on Binance?

The funding rate comprises two components: the interest rate and the premium . On Binance Futures, the interest rate is fixed at 0.03% daily (0.01% per funding interval), with the exception of contracts such as BNBUSDT and BNBBUSD, where interest rates are 0%.27 Oca 2022

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What is spot trading in Binance?

Binance Spot Grid Trading uses normal grids. Orders are placed from the top grid to the bottom grid. When a buy order is filled, a sell order will be placed on the grid above it . As the upper price is set at 60,000 BUSD, the grid strategy will begin by placing a buy order at 56,000 BUSD.

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