In this article, we will guide you through the process of choosing the best way to buy digital currencies in Saudi Arabia, Egypt, and all Arab countries. We offer you the #Binance person-to-person (P2P) platform as an excellent option for purchasing digital currencies easily.

P2P (peer-to-peer) cryptocurrency platforms enable direct trading of cryptocurrencies between users, without an intermediary. Unlike traditional platforms, where transactions are brokered through platforms like Binance,

Binance P2P provides users with a place to post buy or sell orders and conduct transactions directly with the other party.

In this article, we use the #Binance person-to-person platform to securely make digital currency purchases

Here's how Binance P2P usually works for users:

  • Create an account: Register on the Binance platform.

  • Searching for the appropriate merchant: Enter the p2p market from within the Binance application or through the web version and search for the appropriate merchant. Binance arranges the merchants for you by default in terms of the best price.

  • Through the Binance P2P application, you can also filter merchants by payment method, as shown in the picture. You choose the payment method that you want to use, and then Binance will arrange the merchants for you based on your preferred payment method.

  • You can also filter based on the currency you want to buy, whether a stable currency such as $FDUSD or digital currencies such as $BTC , $SOL .

  • Then enter the amount you want to buy or sell

  • Holding Funds: Binance temporarily holds the cryptocurrency from the seller to ensure the rights of both parties until the transaction is completed safely.

  • Payment procedure: Pay directly to the seller via an agreed upon payment method.

  • Receiving Cryptocurrency: Once the seller confirms receipt of your payment, the exchange releases the cryptocurrency to you👍🚀.


Binance also offers a “ultra-fast” Express P2P for fast and hassle-free transactions, providing users with a seamless and efficient P2P trading experience.


Binance Express p2p is a fast way to process a person to person process, as it shortens the process of choosing the appropriate merchants for you, and Binance Automatically chooses the best price for you and connects you to the merchant directly without the need to manually search for the appropriate merchant.


What should you look for while choosing a digital currency platform to buy digital currencies?🤔

Safety

Security is crucial in the cryptocurrency space. Evaluate the security features offered by the currency platform used for P2P purchasing such as two-factor authentication (2FA), encryption methods, cold funds storage, and financial escrow service. A reliable platform should have a proven track record of handling security breaches effectively.

Ease of user interface

The user interface of a P2P platform should be easy to use and innovative, suitable for both beginners and experienced traders with advanced tools and charts. Additionally, check if the platform offers a mobile app for peer-to-peer trading.

Verify supported cryptocurrencies

Make sure the platform supports the cryptocurrencies you wish to trade. While some platforms focus on popular currencies like #bitcoin and #solana other platforms can offer a wider range of currencies, including altcoins.

Know the trading fees

Check the trading fee structure available, including any hidden fees, and compare it with other platforms.

Consider geographical restrictions

There may be some platforms that have restrictions on operation in some countries or regions due to regulatory restrictions. Make sure the platform you are considering is available in your location and complies with local legislation.

Customer support

Reliable customer support is crucial, especially in the cryptocurrency market. Check if the platform offers multiple and fast support channels.

Click here to start using

https://p2p.binance.com/