Binance P2P for Beginners: Step-by-Step Guide to Buy & Sell Crypto Safely

Binance P2P (peer-to-peer) is one of the easiest and safest ways for beginners to buy and sell cryptocurrency using local payment methods. Instead of trading with the exchange directly, users trade with each other while Binance provides escrow protection to ensure security.

To get started, users need a verified Binance account. After logging in, open the P2P section, choose whether you want to buy or sell, and select a cryptocurrency such as USDT or Bitcoin. Binance displays a list of verified merchants along with prices, limits, and available payment methods.

When buying crypto, select an offer, enter the amount, and send payment using the seller’s preferred method. Once payment is completed, mark the order as paid. Binance holds the crypto in escrow and releases it to your wallet only after the seller confirms payment.

Selling crypto works in a similar way. The crypto is locked in escrow until you receive payment and confirm it in the system. This process protects both buyers and sellers from fraud.

Binance P2P is popular among beginners because it often has zero trading fees, flexible payment options, and simple steps. However, users should always trade with verified merchants, follow Binance instructions carefully, and never release crypto before confirming payment.

Overall, Binance P2P offers a secure and beginner-friendly way to enter the crypto market. By using escrow protection and basic safety rules, beginners can confidently buy and sell crypto while minimizing risk.

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