#binancep2pantoan @Binance Vietnam VND). The exchange acts as an intermediary, providing a secure escrow system and free trading for regular buyers. [1, 2, 3]
💡 How Binance P2P works
The platform operates based on an asset guarantee lock mechanism:
When you Buy: You place an order; Binance P2P will temporarily lock the seller’s coin amount. You transfer money through the bank to the seller. Once the seller receives the full payment and confirms, the exchange unlocks and releases the coins into your wallet. [1, 2]
When you Sell: The buyer transfers funds to your bank account. You only press to confirm releasing the coins after the money has actually appeared in your bank account. [1]
💡 How Binance P2P works
The platform operates based on an asset guarantee lock mechanism:
When you Buy: You place an order; Binance P2P will temporarily lock the seller’s coin amount. You transfer money through the bank to the seller. Once the seller receives the full payment and confirms, the exchange unlocks and releases the coins into your wallet. [1, 2]
When you Sell: The buyer transfers funds to your bank account. You only press to confirm releasing the coins after the money has actually appeared in your bank account. [1]