What is the process of buying crypto through P2P on Binance?
jamshad aliDec 18, 2021 · 3 years ago1 answers
Can you explain the step-by-step process of purchasing cryptocurrencies through the peer-to-peer (P2P) platform on Binance? How does it work and what are the requirements?
1 answers
- Dec 18, 2021 · 3 years agoBuying crypto through P2P on Binance is a piece of cake! Start by setting up your Binance account and completing the verification process. Once that's done, navigate to the P2P trading section and select the cryptocurrency you want to purchase. You'll see a list of sellers offering their coins at different prices. Choose a seller, review their terms and conditions, and click on 'Buy'. Follow the instructions provided by the seller to make the payment and complete the transaction. Once the seller confirms the payment, the crypto will be credited to your Binance wallet. It's important to double-check all the details and communicate with the seller to ensure a smooth transaction. Happy trading!
Related Tags
Hot Questions
- 91
What are the advantages of using cryptocurrency for online transactions?
- 86
What is the future of blockchain technology?
- 83
How does cryptocurrency affect my tax return?
- 65
How can I buy Bitcoin with a credit card?
- 52
What are the tax implications of using cryptocurrency?
- 49
Are there any special tax rules for crypto investors?
- 39
What are the best practices for reporting cryptocurrency on my taxes?
- 32
How can I protect my digital assets from hackers?