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How to Buy Cryptocurrency on Binance P2P in the Philippines?

2021-06-10

On Binance P2P, you can now purchase cryptocurrencies using multiple fiat currencies without any transaction fees. Here is our guide. With this, we can help you start trading by using Binance P2P to buy crypto.

Step 1:

Check out the Binance P2P page.

  • If you don’t have an account with Binance, click on “Register.”

  • If you already made an account with Binance, tap on “Log In” and then go to Step 4.

Step 2:

On the registration page, have your email entered and your login password set. Read and review the Binance Terms, then choose “Register.” 

URL of the Register-Page: https://accounts.binance.com/ph/register

Step 3:

Make sure to have the Level 2 verification for identity completed. Then, allow SMS verification and have your preferred mode of payment set.

Dashboard-Payment-page URL: https://www.binance.com/ph/my/payment/c2c

Dashboard-page URL:

https://www.binance.com/ph/my/dashboard

Step 4:

Choose (1) “Buy Crypto,” then tap on (2) “P2P Trading,” that you can see at the top of the navigation.

Step 5:

Click on (1) “Buy” and then choose the currency that you want to purchase (as an example, USD is shown). In the dropdown, have the price and the (2) “Payment” filtered. Choose an ad and then click on (3) “Buy.”

P2P-page URL:https://c2c.binance.com/ph

Step 6:

  1. Have the quantity in crypto or amount in fiat currency that you want to purchase, and then click on “Buy.”

Step 7:

On the Order Details page, confirm the total price amount and payment method.

Have the fiat transaction completed within the time limit of the payment. After that, click on “Transferred, Next” and “Confirm.”

Take note that when you make the payment through your Bank application, have your Payment Receipt saved on your computer or phone.

Return to the Binance App and mark it as paid by click on the button “Confirm.”

Take note that you have to directly transfer the payment to the Seller either through UPI, bank transfer, or any other platform for third-party payment based on the Seller’s provided payment information. If you already had the payment transferred to the Seller, avoid clicking on “Cancel” unless your payment account already received the Seller’s refund. If you don’t make an actual payment, avoid clicking on “Confirm,” as this will confirm the payment. According to the transaction rules, this is not permitted. Whenever you encounter any problems as you undergo your transaction, you may get in touch with the Seller through the chat window.

Make sure to inform the Seller that you already made the payment. Do this through the chat window. Here you can also upload the Proof of Payment or receipt as the Seller’s reference.

Step 8:

After the Seller releases the cryptocurrency, the transaction will be complete. If you want to have your digital assets transferred to your Spot Wallet, you can click on “Transfer to Spot Wallet.”

You may also tap on the “Check my account” button to review the digital asset that you bought.

Take note that if you don’t get the cryptocurrency for fifteen minutes after you click on “Transferred, next,” you can tap on “Appeal” so that our Customer Service will provide you with assistance in processing the order.

Also note that you can see all of your orders at: https://c2c.binance.com/ph/fiatOrder.

Go Ahead and Trade Crypto with Binance NOW!

Binance is the best cryptocurrency exchange when it comes to trading volume and number of users. It now has a peer-to-peer or P2P trading platform in Philippine Peso so that Filipinos can use their local currency to sell or buy cryptocurrency.

With Binance, it is now possible for Filipinos to use the Philippine Peso to purchase BUSD, EOS, USDT, BNB, BTC, and ETH. With Binance’s Earn platform, Filipinos can do this without having to pay for any transaction fees. Having this integrated will allow the user to trade crypto in the payment modes and prices they prefer. It can even be possible to have their crypto assets transferred to their Binance wallet without additional cost.

Since the platform offers escrow service with zero transaction fees, it ensures that every crypto will go to the users’ wallets. The Binance platform allows users to have better access to different financial services, including Binance’s margin, lending, futures, and spot trading. If you want to earn so much passive income, get yourself involved in Binance Staking and Binance Savings!

For people who want to earn interest, we recommend putting your cryptocurrency in Binance Savings. It has many available products and packages that would depend on when you want to have access to your funds. It includes a lot of great features like the APY rates that investors would love to have. It can even be possible to choose Binance Flexible Savings whenever you want to redeem your coins anytime with a 1.2% 7-Dat APY.

Whenever you feel that you want to invest, we recommend that you get into Binance Staking. Binance Staking can make your crypto earnings increase significantly. You may even opt to have your cryptocurrency stored in cold or hot wallets. Once you become active in trading cryptocurrency, you will earn so much more! Give the blockchain network support by putting your cryptocurrency at stake to make your assets locked, as this can help you earn more tokens. Once you do this, you will gain many benefits that can increase the value of your coin!

Trade cryptocurrency so you can let your funds do all the work for you that can be way better than trading fiat currency. Now, the Philippines is involved in cryptocurrency trade and blockchain technology. Thus, it would be best for Filipinos to get involved in the cryptocurrency trade. That is because it can make their earnings rise continuously!

Begin downloading Binance from Google Play or Apple’s App Store NOW! Allow Binance to help you earn a lot from the crypto trade. Because of cryptocurrency’s continuous development and expansion, anyone can make their earnings substantially increase! Get yourself involved in trading crypto with Binance now if you want to increase your gains and have prosperous and developed finances!