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How To Use The Binance P2P App to Buy Cryptocurrencies

2021-06-14

Step 1: 

On the main screen, click on “P2P Transaction.” At the upper left corner of the Transaction interface, you will see “Buy.” Tap on it.

Step 2: 

If you want to place an order, select a seller and crypto and tap on “Buy” if you desire to have an order placed. You will then have to choose between Buy “With Crypto” or “With Fiat.” After that, have the right “Amount” entered and then select your desired “Payment Method.” Once you completed this, tap on “Buy” in the command bar.

Take note that if you want to have the ads filtered to match your needs, you have to click the funnel button that you can find under Buy on the upper right corner of the Deals interface. Then, select “Payment Method” and “Amount.” Aside from that, choose the fiat currency that you desire. Above the button with a funnel shape, two arrows point to the opposite direction that you can use to select VND as a legal currency.

Step 3: 

Go to the page on payment information by pressing the “Transfer” button. 

In your banking app, have the payment information for the merchant copied and then provide the merchant with the payment. After you complete the payment, tap on “Paid, next.” Next, click on “Confirm.” After doing this, you will have your status updated to “Pending Released.” Once the payment receipt is confirmed, wait until the merchant releases the crypto.

Step 4: 

Once the crypto gets released by the seller, the transaction is complete. You will then go to the screen on the completed transaction with the message “Funded to your wallet.” Tap on “View wallet balance” and choose “Transfer” so you can switch between Spot wallet and P2P wallet and begin trading.

How can you contact the partner?

Tap on the chat icon with the term “Contact” at the upper right part of the order details to begin a chat. You may also select the phone icon if you want to give a call to the transacting counterparty.

Attention:

  • Make sure that the payment has been marked as paid and completed according to the allotted time.

  • Whenever a trading order gets canceled by the buyer three times a day, that person would not be able to go on trading for that day.

  • In the remittance note, make sure to avoid mentioning “buy BTC,” “buy bitcoin,” and “buy USDT.”

Begin Trading Crypto with Binance NOW!

When it comes to the number of users and trading volume, the best cryptocurrency exchange is Binance. It has a P2P or peer-to-peer trading platform in Philippine Peso that will allow Filipinos to purchase and sell cryptocurrency with their local currency. Because of Binance, Filipinos can now use the Philippine Peso whenever they want to buy ETH, BTC, BUSD, EOS, USDT, and BNB.

Binance has an Earn platform that would allow Filipinos to do this without paying transaction fees. With this integration, users can now trade crypto in prices and payment modes that they desire. They can even transfer their crypto assets to their Binance wallet without any added expenses.

Because of the zero transaction fees and escrow service that the platform offers, users will be sure that every crypto will get to their wallets. With Binance’s platform, users can have better access to various financial services, including Binance’s futures, spot, lending, and margin trading. Allow yourself to earn a lot of passive income by becoming involved in Binance Savings and Binance Staking!

If you desire to earn interest, the best option for you would be having your cryptocurrency placed in Binance Savings. Many available packages and products are available depending on when you would like to access your funds. Included here are so many great features, such as the APY rates, that are great for any investor. You may even opt to get into Binance Flexible Savings if you want to have your coins redeemed anytime with a 7-Dat APY of 1.2%.

If you feel that it is better to invest, get involved in Binance Staking. With Binance Staking, your crypto earnings could significantly increase. You may also have your cryptocurrency stored in hot or cold wallets. When you become active in the cryptocurrency trade, you may even earn a lot more. Provide support to the blockchain network by having your assets locked by putting your cryptocurrency at stake so you can gain so much more tokens. If you do this, you will gain many benefits that can help bring up your coin’s value!

Make your funds do the work for you by trading cryptocurrency. It can be so much better compared to trading fiat currency. Now, the Philippines is involved in blockchain technology and cryptocurrency. Thus, we recommend that Filipinos get involved in trading cryptocurrency. With this, their earnings would continuously rise!

Go ahead and start downloading Binance from Apple’s App Store or Google Play NOW! Let Binance help you earn so much from trading crypto! Since cryptocurrency is continuously expanding and developing, anyone can have substantially increased earnings. Let yourself become involved in the crypto trade with Binance NOW so you can have improved and prosperous finances and increased gains!