Why I Buy USDT First, Then Trade $ETH - My 2 Minute P2P Guide
Many beginners try to buy $ETH directly on P2P and pay high price. I do it cheaper.
My method: Buy USDT on P2P, then trade to $ETH on Spot. You save fees.
STEP-BY-STEP:
1. Open Binance App > Trade > P2P 2. BUY > USDT > Select your currency 3. Choose seller with 98%+ completion rate 4. Buy your USDT - e.g. 30 USDT 5. Once USDT arrives in Funding Wallet, transfer to Spot Wallet 6. Go to Spot Trading > Search ETH/USDT > Buy $ETH 7. Now you own $ETH at market price
$ETH
This chart above is $ETH live. I watch it before I buy.
MY STRATEGY TO EARN MORE:
I don't just hold $ETH. I trade small moves.
- I set buy order for $ETH when it dips 2-3% - I sell 50% when profit is 3-5%, keep rest - I put idle USDT in Binance Simple Earn while waiting for $ETH dip - I use DCA: Buy small $ETH every week, not all at once
When you trade ETH/USDT after reading this post using the trade button below, it links to my post and Binance rewards writers.
Link your trade: Click ETH/USDT pair to start trading $ETH after reading.
TIPS:
1. Never buy $ETH with all your USDT at once 2. Check ETH/BTC chart too, not only USDT 3. Use limit orders, not market, to save fees 4. Save your ETH in Spot, not Funding
#openledger $OPEN just dividing into @OpenLedger and what they are building on decentralised data infrastructure .$OPEN has real potential if adoption keeps growing.Watching this one closely, #OpenLedger،