How to Deposit or Buy Crypto Currencies on P2P Binance
After previously we reviewed in detail how to register and verify Binance, this time we will review how to deposit or buy crypto currency on Binance using P2P services or referred to as Peer To Peer.
What is Binance P2P?
Simply put, Binance’s P2P is a feature that allows buyers and sellers to make transactions without any middlemen, so you can buy and sell crypto assets there safely.
For security, Binance has a crypto fund storage mechanism involved in pending transactions. This mechanism prevents incidents of theft and fraud from occurring. But you also have to stay alert when making transactions on P2P Binance, right!
How to Deposit or Buy Crypto on P2P Binance
Immediately for those of you who want to make a deposit or buy crypto currency with Binance’s P2P service, please see the steps below.
- Login to the Binance App.
The first step, of course, is to log into the Binance application first. The trick is to click the Log in / Register menu in the upper right corner. Then enter your email and password and follow the login process until it’s complete and you log into your Binance account.
- Go to Homepage
Then go to the home page and select the P2P Trading menu.
- Login P2P Page
Then you will be directed to the P2P page. For example, my friend select page Buy and choose USDT to buy, at the bottom there are several USDT sellers, you just have to choose which one you want to buy and click Buy.
- Enter Amount IDR
Enter the amount of IDR that you want to buy or exchange with Crypto currency, here as an example is USDT. At the bottom, you have to see what payment system is used by the seller, usually the seller uses the Bank Transfer payment system, Gopay and others, so you have to adjust the purchasing system to the seller.
Then click Buy USDT, you will be directed to the Pending payment page. In this section you will be given time to complete the payment.
Buddy must choose one payment method and after making a payment transfer please click Payment already done or Transferred Next.
Remember, you have to confirm that the transfer has been transferred and you can chat with the seller directly. Later there will be a pending transaction notification waiting for the seller to transfer crypto to your binance wallet.
If the deposit and purchase of crypto currency is successful, you cannot immediately trade on the spot. Because you have to first move the purchased Crypto from the P2P wallet to Spot.
The method is easy, you only need to enter the Wallet / Wallet, please select P2P by sliding it to the right, then select the Transfer menu and select Transfer. Next, select the crypto you want to transfer to a spot wallet, and select the amount. And click Confirm Transfer. Now your Crypto has entered the Spot so you can start trading.
The final word
That’s how to deposit or buy cryptocurrencies on Binance. Using the P2P feature is certainly very easy, isn’t it?
To make it easier to trade and get consistent profits for 7 x 24 hours for a month, we have reviewed the RoyalQ Application, this application makes trading very easy automatically with sophisticated technology and a large community.
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