The main point
Binance P2P is a peer-to-peer (P2P) platform that allows traders to easily buy and sell cryptocurrencies directly with other parties. Merchants on Binance P2P can make money by posting trade ads and completing trades on the platform.
Binance P2P merchants can also enjoy special benefits including exclusive promotions, access to more trading tools, and lower fees.
Ready to take your crypto trading experience on P2P Binance to the next level? Learn all about the Binance P2P Merchant program and the benefits of becoming a merchant on our platform.
We launched the P2P Merchant program to provide better liquidity to the peer-to-peer (P2P) market and serve the growing trading volume growth on our platform. If you become a merchant on Binance P2P, you can earn revenue by posting ads and completing trades systematically. To enhance your merchant experience, we offer exclusive perks, including special promotions for merchants, access to advanced ad management tools, verified badges, lower fee rates, access to block and cash trades, and more.
What are the benefits of being a merchant?
Industry-leading security
When you process dozens of transactions or more every day, the security of your transactions is critical. The main security measure implemented on the Binance P2P platform is our escrow service, a mechanism implemented to prevent theft and fraud by adding an additional layer of trust, thereby preventing criminals from running away with your funds without fulfilling their trading obligations.
Dedicated customer support
If you have any questions or experience any issues with the Binance P2P trading platform, our customer support team will promptly respond to your request via Live Chat support.
Special promotion
In addition to participating in exclusive P2P online meetups, events and webinars, merchants can also enjoy special fee discount promotions.
Flexible payment methods
Supported by more than 700 payment methods, including SEPA, direct cash transactions, and bank transfers, Binance P2P provides a more customizable trading experience compared to other similar platforms.
Advanced tools
All verified merchants can access pro-level trading tools through the merchant portal to better manage advertising and other aspects of their trading operations.
For more information about our merchant portal, check out our complete Binance P2P Merchant Portal Frequently Asked Questions guide.
Verified badge
Verified merchants play an important role in providing liquidity on Binance's P2P marketplace. These merchants receive a yellow badge next to their alias, providing an additional level of credibility in the marketplace.
Lower cost rates
In addition to enjoying some of the lowest fees in the market for placing ads, merchants can get a 20% discount on trading fees on all fiat markets. Verified merchants who have achieved a 30-day trading volume of at least 6 BTC and a trade completion rate of at least 98% in the previous month can enjoy a 30% fee discount on all fiat markets.
For more details on merchant fee rates, check out our in-depth guide Binance P2P VIP Merchant Program Explained.
Buy and sell without fees
Unlike most traditional exchanges that collect a small fee from each transaction, takers on Binance's P2P marketplace are not charged trading fees.
Difference between Merchant and Regular User
How to Earn Crypto on Binance P2P As a Merchant
Below are some useful tips that can help you start your P2P trading business as a merchant.
Crypto and fiat arbitrage
One way to keep your prices competitive is to rely on arbitrage. This strategy involves trading the same asset on different markets or with other users and making profits from small price differences. Once you find a suitable price spread in the P2P crypto or fiat market, you can buy low, then sell high.
Configure your buy and sell ads
Binance's P2P ad posting feature was specifically created to meet the needs of the crypto community. You can set narrow price spreads to reach more customers or wide price spreads to generate more revenue through your ads.
Trade crypto easily and safely on Binance P2P, become a merchant today!
How to Become a P2P Merchant
Interested in becoming a P2P merchant? Get started in just a few easy steps.
1. Log in to your Binance account, then go to the P2P homepage by clicking [Trade], then [P2P] in the main navigation menu.
2. Go to [P2P User Center], then click the [Become a merchant] button in the upper right corner.
3. Then, you will be asked to complete SMS or email authentication and advanced identity verification. Additionally, make sure you have enough BUSD in your Funding Wallet.
4. Once you have met all the requirements, click [Register now] to submit your application. Our team will contact you within a few days if you qualify.
Get Started with Binance P2P Today
Ready to open a trading business on Binance P2P? Register for a Binance account and complete the identity verification process. Once your account is verified and has met the merchant application requirements, you can start trading on the Binance P2P marketplace.
Further Reading
(Blog) Introduction to P2P Trading: What is P2P Trading and How Do Local Bitcoin Exchanges Work?
(Support) How to Buy Cryptocurrency on Binance P2P (App)?
(Blog) How to Create an Ad to Buy or Sell Crypto on Binance P2P: From $0 to $10,000
(Blog) 5 Tips on How to Choose the Best Offer When Buying Bitcoin on Binance P2P
Disclaimer: Use of the Binance P2P service and all information and other content (including that of third parties) included in or accessible from the Binance P2P service is a decision based on your own risk considerations. Our sole responsibility is to handle crypto transactions. All payments are final upon completion unless otherwise legally stated. The Binance P2P Platform has neither the right nor the obligation to resolve any disputes arising from completed payments. Neither the Binance P2P platform nor the merchant is responsible for your losses in completed payments.