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How to Buy Cryptocurrency on Binance P2P Website

How to Buy Cryptocurrency on Binance P2P Website

2020-05-19 09:31
Guide Video
You can buy cryptocurrency from the Binance P2P website in just a few clicks.

How to buy cryptocurrency on the Binance P2P website?

1. Log in to your Binance account and go to [Trade] - [P2P].
Before trading on the P2P market, you need to add your preferred payment methods first. For more details, please refer to How to Add New Payment Methods for P2P Trading.
2. Select the [Express] or the [P2P] zone to trade. The [Express] zone automatically matches the counterparty for you, while in the [P2P] zone, you can select your preferred seller to trade with.
2.1 Express zone
Select the fiat currency you want to use and the crypto you want to buy. Enter the amount of fiat currency to use, and the system will automatically calculate the amount of crypto you can get. Click [Buy with 0 Fee].
Select your preferred payment method and click [Confirm Purchase].
2.2 P2P zone
Select the crypto you want to buy. You can filter all P2P advertisements using the filters. For example, use 100 EUR to buy USDT. Click [Buy] next to the preferred offer.
Confirm the fiat currency you want to use and the crypto you want to buy. Enter the amount of fiat currency to use, and the system will automatically calculate the amount of crypto you can get. Click [Buy].
3. You will see the seller’s payment details. Please transfer to the seller’s preferred payment method within the time limit. You may use the [Chat] function on the right to contact the seller.
After you have made the transfer, click [Transferred, notify seller] and [Confirm payment].
Important Note: You need to transfer the payment directly to the seller through a bank transfer or other third-party payment platforms based on the seller's payment information. If you have already transferred payment to the seller, do not click [Cancel] unless you have already received a refund from the seller in your payment account. Do not click [Transferred, notify seller] or [Confirm payment] unless you have paid the seller.
4. After the seller confirms your payment, they will release the cryptocurrency to you and the transaction is considered completed. You can click [View my balance] to view the assets.
If you cannot receive the cryptocurrency within 15 minutes after clicking [Confirm payment], you can click [Appeal] to contact Binance Customer Support agents for assistance.
Please note that you cannot place more than two ongoing orders at the same time. You must complete the existing order before placing a new order.