How To Make P2P Crypto Exchange On Binance?

How To Make P2P Crypto Exchange On Binance?

P2P (peer to peer) is a decentralized crypto trading platform where individuals and groups interact with each other, without the involvement of a third party.

Also, buyers and sellers directly trade with each other through P2P crypto exchange services. It provides many services such as transactions, screening, search, information about buyers and sellers, and quality assurance to its users. Peer to peer used in networking (P2P file sharing) and computers, as well as trading virtual currencies.

P2P Trading On Binance Binance is an excellent choice for P2P crypto trading exchange as it provides access to payment methods, withdrawal options, and transaction execution times. Users have to complete identity procedures such as KYC to access P2P, margin, and futures trading platforms.

How To Exchange Cryptocurrencies Using P2P On Binance?

Create an account on P2P Binance and complete the identification process before making your first transaction on the Binance P2P crypto exchange. The P2P users on Binance should have complete procedures such as identity and business verification. It provides security for transactions to all users. It can be done with a few clicks to make your first transactions. Here are some steps for using it.

Buy Cryptocurrency on Binance P2P Step 1: Login to your account on Binance and go to the Binance P2P page.

Step 2: Enter your e-mail address and make a password.

Step 3: Complete identification verification test, select the payment method and filtering the price.

Step 4: Select "Buy Crypto", choose "P2P Trading’’.

Step 5: Choose an ad and press the “buy Cryptocurrency” button to buy.

Step 6: Add a fiat currency amount to buy and press “Buy Cryptocurrency”.

Step 7: Verify the Payment method, you have to make the transaction within the given time. Click on transferred, next, and select confirm.

Step 8:

The seller releases crypto assets, and the transaction is complete.

Sell Cryptocurrency On Binance P2P Step 1: Click to”Buy Crypto” and click on P2P trading.

Step 2: Select “coin” to sell. Choose a buyer who is offering the best rates and click on sell. Filtering the price and select payment in the drop-down menu.

Step 3: Enter the cost to sell in cryptocurrency and click the “Sell” button.

Step 4: Now, the transaction will call “Payment to be made by the buyer”.

Step 5: The status of the transaction will move to “To be released”. Click on “confirm release” and press “confirm” to send crypto to the buyer’s account.

Step 6: The Buyer will receive a coin in their account.

Wrap Up: Here, we have discussed “How to Make P2P Crypto Exchange on Binance”. We acknowledge that P2P crypto exchange is more beneficial when you use the P2P binance platform. There is no telling that how much money you will make from trading Bitcoin on this platform. At Awapal, we are provided blockchain development services and have the potential to develop blockchain software technology to leverage your business with prevalent Digital Information.

Reference Url: https://awapalsolution.wordpress.com/2021/09/27/howto-make-p2p-crypto-exchange-on-binance/