Method of Account Setup for P2P Trading on Binance

Setting up an account for P2P trading on Binance is simple and beginner-friendly.

1️⃣ Create a Binance Account

Download the Binance app or open website

Sign up using email or mobile number

Create a strong password

2️⃣ Complete Identity Verification (KYC)

To use P2P, KYC is required:

Go to Profile → Identification

Upload CNIC / ID card

Take selfie for verification

👉 This keeps P2P trading safe and scam-free.

3️⃣ Enable Security Settings

For protection, turn on:

2FA (Google Authenticator / SMS)

Anti-phishing code

👉 Very important for new users 🔐

4️⃣ Add Payment Methods

Go to: P2P → Payment Methods

Add:

Bank account

JazzCash / Easypaisa

👉 Use your own name only (same as KYC).

5️⃣ Activate P2P Trading

Open Binance → P2P Trading

Agree to terms & conditions

Your P2P account is now active ✅

6️⃣ Transfer Crypto to Funding Wallet

For selling crypto:

Move crypto to Funding Wallet

(Spot → Funding)

👉 Funding wallet is used for P2P trades

Start Trading

Now you can:

Buy crypto using local payment

Sell crypto and receive money

Simple Summary

👉 Create account

👉 Complete KYC

👉 Add payment method

👉 Enable security

👉 Start P2P trading