To use Binance P2P, you buy or sell crypto directly with another user while Binance holds the crypto in escrow until the payment is confirmed.
Open the Binance app and go to P2P Trading.
Choose Buy if you want to purchase crypto, or Sell if you want to cash out crypto.
Select the crypto asset—commonly USDT—and your local currency/payment method.
Choose an advertiser by checking:
Completion and positive-feedback rate
Number of completed orders
Payment method and transaction limits
Payment time limit
Enter the amount and place the order.
For a buy order, send payment only through the payment method shown in the order, then tap Transferred, notify seller after you have actually paid.
Wait for the seller to release the crypto. Binance escrow protects the crypto during this step.
For a sell order, confirm that the money has arrived in your own bank or mobile-money account before releasing the crypto.
Safety basics: never pay outside the P2P order, never release crypto based only on a payment screenshot or message, and use the in-order chat and appeal function if there is a dispute. Ensure the payer’s account name matches the verified name where required.
Open the Binance app and go to P2P Trading.
Choose Buy if you want to purchase crypto, or Sell if you want to cash out crypto.
Select the crypto asset—commonly USDT—and your local currency/payment method.
Choose an advertiser by checking:
Completion and positive-feedback rate
Number of completed orders
Payment method and transaction limits
Payment time limit
Enter the amount and place the order.
For a buy order, send payment only through the payment method shown in the order, then tap Transferred, notify seller after you have actually paid.
Wait for the seller to release the crypto. Binance escrow protects the crypto during this step.
For a sell order, confirm that the money has arrived in your own bank or mobile-money account before releasing the crypto.
Safety basics: never pay outside the P2P order, never release crypto based only on a payment screenshot or message, and use the in-order chat and appeal function if there is a dispute. Ensure the payer’s account name matches the verified name where required.