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How to Buy Bitcoin & Crypto With Euro on Binance P2P

2022-02-16

Main Takeaways

  • Peer-to-peer (P2P) trading provides more control over how you trade crypto. 

  • P2P marketplaces like Binance P2P facilitate crypto trades in more than 300 payment methods and 70 local currencies, including the Euro.

  • In this article, we’ll walk you through each step to buy or sell bitcoin with Euro, post your own advertisement and earn money trading on Binance P2P.

Discover the easiest way to directly convert your euros into bitcoin on Binance P2P, the official peer-to-peer marketplace of Binance.

Europe currently boasts the world’s largest crypto economy with 20% of all crypto activity, according to Chainalysis. If you’re in the European market and looking for an easy way to convert your euros into bitcoin or other popular cryptocurrencies, try a peer-to-peer (P2P) marketplace like Binance P2P. Instead of going through a traditional exchange, users can enjoy a more flexible experience by directly transacting euros with verified crypto merchants in more than 300 payment methods. 

This article will walk you through each step to buy or sell bitcoin with Euro and post your own P2P advertisement. Before you continue, make sure you’ve created a Binance account and completed account verification. Once your account is verified, start by opening the Binance P2P Marketplace on the Binance app homepage.

How to Buy Bitcoin With Euros

Step 1: On the Binance P2P homepage, visit your profile in the bottom right, select [Payment Methods] and add your preferred payment method.

Step 2: Select BTC and then set your local currency as EUR.

Step 3: Browse all the available ad postings to find a suitable deal or use Express mode to match with a verified merchant instantly. 

Step 4: Enter the Euro amount of BTC you want to buy, then place your order. Ensure you’ve transferred the correct amount of euros to the seller’s payment method before pressing confirm.

Step 5: The seller will release the crypto to your account, and you’ll be able to find your newly-bought crypto in your [Funding Wallet].

Please note: In case of any disputes, try to resolve the issue with your trading counterparty through our built-in chat feature. If you cannot agree, press the [Appeal] button, and our Customer Service team will get in touch with both of you. 

Watch video guide on how to buy Bitcoin on Binance P2P >>

How to Sell Bitcoin With Euros

Like buying on Binance P2P, selling is just as quick and hassle-free. Before you continue, transfer the correct amount of crypto to your Funding Wallet, ensure you’ve set your P2P homepage to [Sell] and then follow steps one to four in the previous section to find a fair deal. You can easily sell your BTC and receive the money in your bank account using SEPA transfer. 

Step 1: Now that you’ve found an offer, enter the euro amount of BTC you want to sell, then place your order. 

Step 2: Wait for the buyer to transfer the euros to your payment method, then release the crypto assets.

Please note: Ensure you’ve received the CORRECT amount of euros in your payment method before releasing any assets. While we employ strict user protection measures, any form of P2P trading requires more proactive care from the user. 

Watch video guide on how to sell Bitcoin on Binance P2P >>

How to Post Advertisements on Binance P2P 

At the core of Binance P2P’s user experience is deeper flexibility and control over your crypto trades. If you can’t find an offer that meets your needs, feel free to create your own ad posting on our homepage. However, you’ll need to meet the requirements before you can post an ad. On the Binance P2P app homepage,  press [Ads] then the plus button on the top right to create your first Binance P2P advertisement. Tailor the advertisement to your preferences, including price, amount, payment method and any additional information, but make sure you keep your offering competitive. 

Earn Money Trading Euro on Binance P2P

Binance P2P isn’t exclusively used to trade crypto. In fact, many users leverage our worldwide platform to arbitrage and earn money off price differences in the crypto and Euro market. Check out our complete how-to guide to earning money on Binance P2P for more information.

Start Buying Bitcoin With Euro on Binance P2P

Binance P2P is an easy and convenient way to transact crypto with euros. Buyers and sellers enjoy zero fees and the lowest ad posting fees on the market. Start by creating your Binance account, downloading the Binance app and completing account verification. If your account is verified, you can start using Binance P2P to trade bitcoin and other popular cryptocurrencies using SEPA transfer or one of the other 300 payment methods available on Binance P2P.

For more information on Binance P2P, you can read our helpful resources below: 

Disclaimer: Your use of the Binance P2P services and all information and other content (including that of third parties) included in or accessible from the Binance P2P services is at your sole risk. Our only responsibility is to handle crypto transactions. All payments are final upon completion unless otherwise required by law. Binance P2P platform has neither the rights nor the obligations to resolve any disputes arising from a completed payment. Neither Binance P2P platform nor merchants shall be responsible for your loss in a completed payment.