Step 1: Transfer USDT to Funding Wallet (P2P)

Before selling, you need to transfer USDT to the P2P wallet:

  1. Open the Binance app.

  2. Select Wallet > Spot (Immediate).

  3. Click the Transfer button.

  4. Select transfer from Spot to Funding (P2P).

  5. Choose USDT, enter the amount and confirm.

Step 2: Sell USDT via P2P transaction

  1. On Binance, select 'Trade' > 'P2P'.

  2. Select the 'Sell' tab.

  3. Choose USDT and currency unit as VND.

  4. Use the filter to select:

    • The bank you want to receive money (Vietcombank, Techcombank, Momo…).

    • Amount to sell.

  5. Choose a reputable buyer (verified tick, high completion rate).

  6. Click 'Sell USDT' and enter the amount you want to sell.

  7. Enter your bank information (accurately, for the buyer to transfer).

  8. When the buyer has transferred the money, check your bank account carefully.

  9. After confirming you have received the money, click 'Confirm payment received'.

  10. Binance will release USDT to the buyer and the transaction is completed.

    Important note:

  11. Absolutely do not click 'Confirm payment received' if you have not received money in your bank account.

  12. P2P transactions have no fees but you need to choose a reputable partner to avoid risks.

  13. You can sell during hours when many buyers are online for faster execution.

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