There might be occasions when the counterparty asks you to continue with the trade outside of the trading platform. They will argue that this way, both of you can save on fees (Binance P2P has zero fees), but in most cases, it’s just a scammer trying to lure you away from the security of Binance P2P .8 Kas 2021
Read moreIs Binance P2P profitable?
On Binance P2P, you can earn a profit margin varying from 0.5% to 5%, depending on the markets . This would be a good business opportunity with zero costs as we do not charge any transaction fees or advertising fees. You can enjoy more benefits, including VIP trading fee discounts and exclusive customer support.
Read moreIs P2P Bitcoin safe?
Peer-to-peer platforms are considered the most secure way of trading between users . Escrow in this case means an agreement in which a third party ( the p2p platform) holds the funds in safe and secure manner until the promised trade is completed and both parties have agreed to the trade.
Read moreHow do I transfer from Funding to spot in Binance?
Step 1: Whether you’re accessing Binance via desktop or app, go to Wallet, then Overview. Choose Transfer. Step 2: Select Fiat and Spot under From and Funding under To. Choose a cryptocurrency that Binance Pay supports, enter the amount you want to transfer, and tap Confirm.
Read moreHow do I withdraw money from P2P Binance?
Go to the home page, click “P2P Trading”. On the P2P page, click the (1) “Sell” tab and then select (2) “NGN” as the crypto asset you want to sell. Select an ad and click (3) “Sell”.
Read moreHow does P2P work in Binance?
Binance P2P is a peer-to-peer marketplace where you can directly trade crypto with other Binance users . Binance P2P facilitates crypto transactions in your preferred payment method, local currency and price.
Read moreIs P2P safe on Binance?
At Binance P2P, we provide an escrow service that ensures safe and fair trading . Once a buyer completes their order, we handle the seller’s cryptocurrency in a temporary deposit until both parties confirm the transaction is successful.
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