Main conclusions

  • Binance P2P is a peer-to-peer (P2P) trading platform where users can sell and buy cryptocurrencies from each other directly, without intermediaries.

  • Our listing feature allows you to specify your preferred prices and payment methods.

  • Strategies such as arbitrage and high completion rates help push ads to the top of the list on Binance P2P.

We have prepared several strategies to help you optimize your ads on Binance P2P so that they are seen by as many platform users as possible.

Peer-to-peer (P2P) cryptocurrency trading involves direct transactions between users without a centralized exchange or order matching tool. Trading on the P2P marketplace is quite simple: sellers can set the price and payment method, and buyers can purchase cryptocurrencies at the right price from the sellers they like.

Binance P2P supports over 700 payment methods and 100 fiat currencies, offering a flexible and convenient platform for trading cryptocurrencies. At the heart of our P2P marketplace is a listing feature that allows users to specify their preferred prices and payment methods when buying and selling cryptocurrencies. In this guide, we provide several strategies to help you optimize your ads so that they are seen by as many users as possible on our P2P exchange.

Set competitive prices

The purpose of listings on Binance P2P is to provide traders with all the information they need to make decisions. Users can set a narrow price spread to attract more customers, or a wider one to potentially increase profit per ad trade. Typically, those who charge more competitive prices attract more customers.

One way to maintain competitive prices is through arbitrage, which is trading the same asset in different markets or with different users in order to profit from small differences in prices. Once you find a suitable price spread on the fiat P2P market, you can buy the currency from a user selling it low and then sell it to another user buying it high.

Experience low transaction fees and flexible payment options on Binance P2P. Start trading today!

Maintain a high completion percentage

The completion rate on Binance P2P is the percentage of transactions you started and successfully completed in the last 30 days. A rate of 80% or higher is considered good - although it does not affect ad position, users with a high completion rate tend to attract more traders.

You can also use the filter to specify criteria for counterparties. This will allow you to only place trades with experienced traders, potentially increasing your completion rate. However, we don't recommend setting criteria that are too strict, as this will cause you to reach a smaller audience.

Give the ad time

Posting ads on Binance P2P is easy and convenient. It's best to plan a pricing strategy and stick to it: if you change your ad too often, it will affect its position relative to others.

Learn more in the article How to Create an Ad to Buy or Sell Cryptocurrency on Binance P2P.

Start trading on Binance P2P today

Ready to trade cryptocurrencies on Binance P2P? Register on Binance and complete identity verification. Once your account is verified, you can start trading.

To learn more about the Binance P2P platform, read the following articles:

  • (Blog) Introduction to P2P trading: what is peer-to-peer trading and how does a local Bitcoin exchange work?

  • (Support) How to Buy Cryptocurrency on P2P Platform on Binance App

  • (Support) How to Sell Cryptocurrency on P2P Platform on Binance App

Denial of responsibility. Your use of the Binance P2P Services and all information and other content (including third parties) included on or available on the Binance P2P Platform is at your own risk. Our responsibility is limited to processing cryptocurrency transactions. All payments are final upon completion unless otherwise required by law. Binance P2P Platform has neither the right nor the obligation to resolve any disputes arising in connection with a completed payment. Neither the Binance P2P platform nor the merchants are responsible for any losses incurred as a result of the payment made.