Can you guide me on how to buy crypto on Binance P2P?
raymon_hsiaoNov 28, 2021 · 3 years ago3 answers
I'm new to Binance P2P and I want to learn how to buy cryptocurrencies on the platform. Can you provide a step-by-step guide on how to make a purchase on Binance P2P? What are the requirements and fees involved?
3 answers
- Nov 28, 2021 · 3 years agoSure, buying crypto on Binance P2P is easy! Here's a step-by-step guide: 1. Sign in to your Binance account and go to the P2P trading platform. 2. Select the cryptocurrency you want to buy and choose the payment method that suits you. 3. Browse through the available offers and select a seller based on their reputation and price. 4. Enter the amount of cryptocurrency you want to buy and click on the 'Buy' button. 5. Follow the instructions provided by the seller to complete the payment. 6. Once the seller confirms the payment, the cryptocurrency will be released to your Binance account. Please note that you may need to complete the KYC verification process before being able to trade on Binance P2P. Also, keep in mind that there might be fees associated with the transaction, such as network fees and seller fees. Make sure to review the terms and conditions before making a purchase.
- Nov 28, 2021 · 3 years agoNo worries! Buying crypto on Binance P2P is a piece of cake. Just follow these steps: 1. Log in to your Binance account and navigate to the P2P trading section. 2. Choose the cryptocurrency you want to buy and select a payment method. 3. Browse through the available offers and pick a seller with a good reputation. 4. Enter the amount of crypto you want to buy and click on the 'Buy' button. 5. Follow the payment instructions provided by the seller. 6. Once the payment is confirmed, the crypto will be transferred to your Binance account. Remember to check the seller's terms and conditions, as well as any fees associated with the transaction. Happy trading!
- Nov 28, 2021 · 3 years agoAbsolutely! Here's a step-by-step guide on how to buy crypto on Binance P2P: 1. Log in to your Binance account and go to the P2P trading platform. 2. Choose the cryptocurrency you want to buy and select a payment method. 3. Browse through the available offers and choose a seller. 4. Enter the amount of crypto you want to buy and click on the 'Buy' button. 5. Follow the payment instructions provided by the seller. 6. Once the payment is confirmed, the crypto will be transferred to your Binance account. Please note that Binance P2P is a peer-to-peer platform, which means you'll be dealing directly with other users. Make sure to review the seller's profile and ratings before making a purchase. Happy trading!
Related Tags
Hot Questions
- 98
What is the future of blockchain technology?
- 96
What are the best practices for reporting cryptocurrency on my taxes?
- 63
How can I buy Bitcoin with a credit card?
- 62
How does cryptocurrency affect my tax return?
- 60
What are the best digital currencies to invest in right now?
- 55
What are the tax implications of using cryptocurrency?
- 45
How can I protect my digital assets from hackers?
- 22
How can I minimize my tax liability when dealing with cryptocurrencies?