📌 What Is $BTC Binance P2P?
Binance P2P (Peer-to-Peer) lets you buy crypto directly from other users using your local currency — with Binance acting as a secure middleman. You pay the seller, and Binance holds the crypto in escrow until payment is confirmed. �
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📈 Step-by-Step: How to Deposit Crypto Using Binance P2P
🟢 1) Complete Your Account Setup
Before you can use P2P, you must complete ID verification (KYC) and enable security features like Two-Factor Authentication (2FA). �
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💱 2) Open the Binance App & Go to P2P
Mobile:
Open the Binance app
Tap “Trade”
Select “P2P” (not just express) to see all offers
This brings up the list of available sellers. �
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🛒 3) Choose a Crypto & Payment Method
Select the crypto you want to buy (e.g., USDT, BTC)
Pick your local currency (PKR, USD, etc.)
Filter by payment method (bank transfer, Easypaisa, JazzCash, etc.)
💡 Tip: More payment methods = faster matching with sellers. �
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💸 4) Select a Seller & Place an Order
Once you find a seller with good rates and high completion rate (e.g., >95%):
Tap “Buy”
Enter how much you want to buy
Hit “Buy Crypto”
You’ll have a time window (usually 15 minutes) to pay the seller outside Binance (e.g., bank transfer, mobile wallet). �
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🪪 5) Make Payment & Notify
After sending the payment:
✔️ Tap “Transferred, Notify Seller”
✔️ Use the in-app chat to tell the seller you’ve paid
Once the seller confirms receipt, Binance releases the crypto to your P2P wallet. �
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📊 6) Transfer to Spot Wallet
If you want to trade on Binance’s main exchange, transfer your crypto from the P2P wallet to Spot Wallet.
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