Question: You're selling USDT on P2P. The buyer sends a fake screenshot and demands release. What do you do?
Ans: D â Don't release â not landed is not landed; screenshots don't count
Question: When selling crypto through P2P, when should you release the crypto to the buyer?
Ans: B â Only after the funds appear in your own payment account and you have checked the amount and sender details
Question: Funding in, beginners usually convert to which asset first?
Ans: A â The stablecoin USDT, the common currency of most pairs
Question: Your first on-chain deposit â the safest approach is?
Ans: A â Send a small test first, confirm it lands, then send the rest
Question: About "Binance Pay," which is most accurate?
Ans: C â A fee-free way for Binance users to send and receive crypto
Question: Moving USDT on-chain into Binance, the most critical step before sending is?
Ans: D â Confirm the send and receive chains match, and the address is right
Question: You just bought USDT through P2P, but your Spot balance shows 0. What is the most likely reason?
Ans: A â It's in your Funding account â transfer it to Spot to trade
Question: Why do you need to add funds before buying or trading on Binance?
Ans: C â Because you need funds in your account before you can trade
Question: Buying USDT via P2P â the sound way to pick a counterparty?
Ans: A â Verified merchants, matching real names, receipts kept
Question: Buying USDT via P2P, put these 4 steps in order:
Ans:
Pick a seller and place the order (their USDT goes into platform escrow)
Pay the seller in local currency per the order details
Mark "payment sent" on the platform
Seller confirms receipt; platform releases USDT to you
Question: Binance's "P2P" deposit is essentially?
Ans: D â Trading with other Binance users, while the platform escrows the coins
Question: What does "buy or deposit with local currency" mean on Binance?
Ans: C â Using a bank card, bank transfer, or supported local payment method through Binance-integrated payment channels