24/7 customer support – If you ever run into a problem, you can reach out to Binance customer support for resolutions. Seller’s assets are locked up by Binance till the transaction is complete.You do not need to use your bank account to buy from Binance P2P.You can create a trade advertisement to buy or sell at your own price.There are over 700+ such different methods supported by Binance. Sellers can decide the mode in which they want to be paid such as bank, wallets, cash, etc.Binance charges no trading fee for P2P trading.Benefits and Risks of Binance P2Pīy now, you must have realized that Binance P2P brings a number of benefits for Crypto investors and traders, but it comes with its fair share of limitations that you should consider before using it Now let us understand the benefits and possible limitations of Binance P2P. List of Supported Fiat Currency on Binance P2P The list of supported Fiat currencies is as follows: AED What all Fiat Currencies are supported for a Binance P2P trade? Which Crypto Assets can be bought on Binance P2P?Īt the time of writing this, the list of supported crypto assets is as follows: Thus, improving the security and reliability of the process. Binance locks up the seller’s crypto assets from the time he initiates a selling advertisement till these assets are actually transferred into the buyer’s account. There are over 150 different methods through which fiat currency can be paid or received by a user on Binance P2P. Here Binance acts as an intermediary only to improve the security of the process of exchange of assets.įor example: If you want to buy USDT with INR, then you would have to find someone on Binance P2P who wants to sell his USDT and also accepting INR for this exchange. Binance P2P is a Peer to Peer marketplace where buyers and seller directly exchange their crypto assets for fiat currencies.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |