Buying USDT on Binance P2P

Step 1: Log in to Your Binance Account

• Visit Binance or use the Binance app and log in with your account.

Step 2: Go to P2P Trading

• On the web: Click on Trade in the top menu, then select P2P.
• On the app: Tap on P2P under the Trade section.

Step 3: Select “Buy” and Choose USDT

• Once in the P2P section, select the “Buy” tab.
• Choose USDT from the list of cryptocurrencies.

Step 4: Filter by Payment Method and Currency

• Use the filter to select your local currency and payment method (e.g., Bank Transfer, UPI, etc.).
• Binance will display a list of sellers who accept your chosen payment method and currency.

Step 5: Choose a Seller

• Look through the list of sellers, and check their price, limits, and completion rate (the higher, the better).
• Once you've found a suitable seller, click Buy USDT.

Step 6: Enter the Amount

• Enter the amount of USDT you wish to purchase or the fiat amount you want to spend.
• Click Buy USDT to proceed.

Step 7: Make the Payment

• You will see the seller’s payment details on the next screen.
• Complete the payment using the method specified (e.g., Bank Transfer, UPI).
• Once the payment is made, click Transferred, Next.

Step 8: Confirm and Receive USDT

• After confirming the payment, the seller will release the USDT to your P2P wallet.
• Once the USDT is released, the transaction is completed, and the funds will be available in your wallet.

Selling USDT on Binance P2P

Step 1: Log in to Your Binance Account

• Visit the Binance website or open the app and log in.

Step 2: Go to P2P Trading

• On the web: Click on Trade and select P2P.
• On the app: Tap on P2P under the Trade section.

Step 3: Select “Sell” and Choose USDT

• Go to the Sell tab and select USDT as the coin you want to sell.

Step 4: Choose a Buyer

• You will see a list of buyers with different offers.
• Look at the price, limits, and completion rate of each buyer to choose the best option.
• Click Sell USDT next to the buyer of your choice.

Step 5: Enter the Amount to Sell

• Enter the amount of USDT you wish to sell or the amount of local currency you want to receive.
• Click Sell USDT to continue.

Step 6: Wait for Payment

• The buyer will send the fiat payment directly to your bank account or chosen payment method.
• Do not release USDT until you have confirmed that the payment has been received.

Step 7: Confirm and Release USDT

• After you receive the payment, click Payment Received.
• Then, click Release USDT to transfer the USDT to the buyer.
• The trade is now completed.

Important Notes:

• Double-check payments: Always confirm that you have received the fiat payment in your account before releasing USDT.
• Safety: Binance holds the cryptocurrency in escrow until both parties fulfill their obligations, reducing the risk of fraud.
• Reputation: Check the buyer or seller’s reputation score and completion rate to avoid potential issues.

With these steps, you can easily buy or sell USDT using Binance's P2P platform!