New to Binance P2P? 5 things I wish I had known before starting
1. Only use verified traders with +90%
Check the number of orders and response time. If you see something strange, it's better to pass.
2. Never release crypto before confirming payment.
Even if the other person says "I already paid", always wait for the bank notification.
3. Make your first purchases small.
This way you understand the flow without risking too much. I started making transactions with 1$ at $10.
4. Compare prices before accepting.
Some traders charge disguised commissions in the price. You need to look beyond the little number.
5. Always keep a screenshot of the process.
It can save you if something goes wrong. Binance has good support, but having evidence helps.
#MarketPullback
1. Only use verified traders with +90%
Check the number of orders and response time. If you see something strange, it's better to pass.
2. Never release crypto before confirming payment.
Even if the other person says "I already paid", always wait for the bank notification.
3. Make your first purchases small.
This way you understand the flow without risking too much. I started making transactions with 1$ at $10.
4. Compare prices before accepting.
Some traders charge disguised commissions in the price. You need to look beyond the little number.
5. Always keep a screenshot of the process.
It can save you if something goes wrong. Binance has good support, but having evidence helps.
#MarketPullback