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Stay Vigilant: Protect Yourself from P2P Payment Scams 🛡️
#p2ptransactions
Navigating the world of peer-to-peer (P2P) transactions requires caution and strategy to keep your assets safe. Scammers often look for loopholes, so staying one step ahead is essential. Follow these practical guidelines to safeguard your trades and avoid common pitfalls in P2P transactions.
Smart Practices for Secure P2P Trading on Binance:
Confirm User Credentials: Stick to users with verified profiles and established transaction histories. A trustworthy reputation is built on reliability—don’t skip the research.
Review Trade Performance: Look at completion rates and read feedback from previous traders. Those with consistent performance are usually safer partners.
Beware of Unrealistic Offers: Deals that seem too generous often hide hidden risks. Exercise caution if something feels off—your intuition is your first defense.
Prioritize Secure Payments: Opt for platforms that offer multi-layered protection, like two-factor authentication, to ensure your funds are safe.
Release Crypto with Confidence: Never release your crypto until the payment has arrived and is confirmed in your account.
Always communicate within Binance to maintain transparency and keep a record of your transactions. If anything seems suspicious, report it immediately to Binance’s support team. Education is a powerful tool—familiarize yourself with common scams by watching tutorials and reading official resources. When in doubt, trust your instincts. It’s better to miss a trade than to risk losing your assets.
$BICO
With these precautions, you can trade smarter, safer, and more confidently on Binance P2P. Stay sharp, protect your investments, and enjoy seamless tradilng experiences. 🚀
#P2PScamAwareness #P2PScamPrevention #Write2Earn!
Navigating the world of peer-to-peer (P2P) transactions requires caution and strategy to keep your assets safe. Scammers often look for loopholes, so staying one step ahead is essential. Follow these practical guidelines to safeguard your trades and avoid common pitfalls in P2P transactions.
Smart Practices for Secure P2P Trading on Binance:
Confirm User Credentials: Stick to users with verified profiles and established transaction histories. A trustworthy reputation is built on reliability—don’t skip the research.
Review Trade Performance: Look at completion rates and read feedback from previous traders. Those with consistent performance are usually safer partners.
Beware of Unrealistic Offers: Deals that seem too generous often hide hidden risks. Exercise caution if something feels off—your intuition is your first defense.
Prioritize Secure Payments: Opt for platforms that offer multi-layered protection, like two-factor authentication, to ensure your funds are safe.
Release Crypto with Confidence: Never release your crypto until the payment has arrived and is confirmed in your account.
Always communicate within Binance to maintain transparency and keep a record of your transactions. If anything seems suspicious, report it immediately to Binance’s support team. Education is a powerful tool—familiarize yourself with common scams by watching tutorials and reading official resources. When in doubt, trust your instincts. It’s better to miss a trade than to risk losing your assets.
$BICO
With these precautions, you can trade smarter, safer, and more confidently on Binance P2P. Stay sharp, protect your investments, and enjoy seamless tradilng experiences. 🚀
#P2PScamAwareness #P2PScamPrevention #Write2Earn!
To avoid P2P scams on Binance:
Trade only on Binance's P2P platform.
Verify the seller's reputation.
Communicate within Binance.
Confirm payment before releasing cryptocurrency.
Use secure payment methods.
Enable two-factor authentication.
Report any suspicious activity promptly.
Stay informed and vigilant.
#p2ptransactions #P2PScam #P2PTradingTips #p2p-market
Trade only on Binance's P2P platform.
Verify the seller's reputation.
Communicate within Binance.
Confirm payment before releasing cryptocurrency.
Use secure payment methods.
Enable two-factor authentication.
Report any suspicious activity promptly.
Stay informed and vigilant.
#p2ptransactions #P2PScam #P2PTradingTips #p2p-market
Ratan Tata ~ “If you want to walk fast, walk alone. But if you want to walk far, walk together.
Sami Bhatti ~ "if you want fast income, stock trading. But if you want risk free, Real estate & p2p."
#p2p #P2PTrading #p2ptransactions #PEPE_EXPERT #ratantata
Sami Bhatti ~ "if you want fast income, stock trading. But if you want risk free, Real estate & p2p."
#p2p #P2PTrading #p2ptransactions #PEPE_EXPERT #ratantata
LET’S JUMP INTO P2P TRADING ON BINANCE
Greetings!
If you are new to crypto world or unfamiliar with the exclusive features of Binance - The Top Crypto Exchange In The World, then you are missing a lot!
If you want to start your new trading journey and you need funds to deposit into your Binance account - what will you do?
Let’s learn ‘HOW TO MAKE DEPOSITS INTO YOUR BINANCE ACCOUNT USING P2P’
But, What is P2P?
P2P means 'peer-to-peer'. In Binance, P2P facilitates direct buying and selling of crypto between users without intermediaries. This mode of trading gives users more control over their crypto transactions. Through P2P you can easily make deposits into your accounts.
Let's Start 👇🏻
STEP 01
Create Your Account
You need to create your account on Binance and get verified by verifying your true identity.
OR
If you already have a verified account on Binance, open the app and the home page will appear on your screen.
STEP 02
Click On Deposit
You’ll see ‘Deposit’ in the top right corner of your homepage. Click on it
STEP 03
Click On P2P Trading
If you don't have assets in your account, you can buy them via P2P trading directly from the users. Click on P2P Trading
STEP 04
- A page will appear where you have to click on ‘BUY’
- Then, click on USDT below the BUY command
- You have to select the currency you want to buy. I selected BTC
STEP 05
For your ease click on the ‘Amount’ and write the amount of currency you want to buy - I wrote 100,000 PKR
STEP 06
Then, click on ‘Payment’ and select the payment method you want to use. Anything available to you easily.
I have selected ‘Bank Transfer’
By following Step 05 & Step 06, you will easily find a seller to buy crypto on your requirements
STEP 07
Select the seller that best suits your requirements
STEP 08
Carefully read the advertiser’s terms before placing the order.
STEP 09
- If terms align with your situation, write the amount you want to buy.
- Select the payment option.
- Click on ‘BUY’ to place your order
- Make your payment according to the advertiser’s terms within the payment time limit and share a screenshot
-Click on transfer and notify payment once you have made the correct payment to the seller
STEP 10
After payment confirmation, the crypto is released to you. Check your Funding Wallet for the assets.
HAPPY P2P FIRST TRANSACTION TO YOU 🙌🏻
#P2PTrading #btc #p2ptransactions #SHIB #FET
If you are new to crypto world or unfamiliar with the exclusive features of Binance - The Top Crypto Exchange In The World, then you are missing a lot!
If you want to start your new trading journey and you need funds to deposit into your Binance account - what will you do?
Let’s learn ‘HOW TO MAKE DEPOSITS INTO YOUR BINANCE ACCOUNT USING P2P’
But, What is P2P?
P2P means 'peer-to-peer'. In Binance, P2P facilitates direct buying and selling of crypto between users without intermediaries. This mode of trading gives users more control over their crypto transactions. Through P2P you can easily make deposits into your accounts.
Let's Start 👇🏻
STEP 01
Create Your Account
You need to create your account on Binance and get verified by verifying your true identity.
OR
If you already have a verified account on Binance, open the app and the home page will appear on your screen.
STEP 02
Click On Deposit
You’ll see ‘Deposit’ in the top right corner of your homepage. Click on it
STEP 03
Click On P2P Trading
If you don't have assets in your account, you can buy them via P2P trading directly from the users. Click on P2P Trading
STEP 04
- A page will appear where you have to click on ‘BUY’
- Then, click on USDT below the BUY command
- You have to select the currency you want to buy. I selected BTC
STEP 05
For your ease click on the ‘Amount’ and write the amount of currency you want to buy - I wrote 100,000 PKR
STEP 06
Then, click on ‘Payment’ and select the payment method you want to use. Anything available to you easily.
I have selected ‘Bank Transfer’
By following Step 05 & Step 06, you will easily find a seller to buy crypto on your requirements
STEP 07
Select the seller that best suits your requirements
STEP 08
Carefully read the advertiser’s terms before placing the order.
STEP 09
- If terms align with your situation, write the amount you want to buy.
- Select the payment option.
- Click on ‘BUY’ to place your order
- Make your payment according to the advertiser’s terms within the payment time limit and share a screenshot
-Click on transfer and notify payment once you have made the correct payment to the seller
STEP 10
After payment confirmation, the crypto is released to you. Check your Funding Wallet for the assets.
HAPPY P2P FIRST TRANSACTION TO YOU 🙌🏻
#P2PTrading #btc #p2ptransactions #SHIB #FET
Lamont Virag ZVRq:
Pemula banget dan sama sekali blind bgt,tolong pencerahannya.
Hello my fellow Nigerians , we have been known as unstoppable humans in all realms of life. Now that p2p has been disabled, we can still survive this. For today, I can sell $5000 when you send your naira to me. Others can follow up and you will agree with me that our trading will be unstoppable! #TrendingTopic #BTC #TrendingTopic #p2ptransactions
ATTENTION ____
#P2PScamWarning
What are some common red flags in P2P transactions?
Hey there! When it comes to peer-to-peer transactions, it's important to keep an eye out for some common red flags.
Here are a few to watch out for:
If someone you don't know reaches out with an unsolicited offer or message, be cautious. They might be trying to pressure you into making a quick decision, which is a major red flag.
Also, be wary of deals that seem too good to be true. If someone is offering you a rate that's significantly better than market value, it's likely a scam.
Be careful with unusual payment methods, like gift cards or wire transfers. These are often used in scams and can be hard to trace.
If the other person refuses to verify their identity or provide enough information, that's a red flag. You want to make sure you're dealing with someone trustworthy.
Finally, pay attention to how the other person communicates. If they're vague, inconsistent, or unresponsive, that's a bad sign. Trust your instincts and stay safe!
#P2PScamAwareness #p2ptransactions #Write2Earn!
#P2PScamWarning
What are some common red flags in P2P transactions?
Hey there! When it comes to peer-to-peer transactions, it's important to keep an eye out for some common red flags.
Here are a few to watch out for:
If someone you don't know reaches out with an unsolicited offer or message, be cautious. They might be trying to pressure you into making a quick decision, which is a major red flag.
Also, be wary of deals that seem too good to be true. If someone is offering you a rate that's significantly better than market value, it's likely a scam.
Be careful with unusual payment methods, like gift cards or wire transfers. These are often used in scams and can be hard to trace.
If the other person refuses to verify their identity or provide enough information, that's a red flag. You want to make sure you're dealing with someone trustworthy.
Finally, pay attention to how the other person communicates. If they're vague, inconsistent, or unresponsive, that's a bad sign. Trust your instincts and stay safe!
#P2PScamAwareness #p2ptransactions #Write2Earn!
Crypto P2P transactions can be risky if you're not careful. Scammers may use fake payment screenshot
Crypto P2P transactions can be risky if you're not careful. Scammers may use fake payment screenshots, SMS scams, chargebacks, and impersonation to trick you. To stay safe:
- Check your account to confirm payments before releasing funds or assets.
- Be cautious of requests to release funds before payment confirmation.
- Don't accept payments from third-party accounts.
- Don't share personal information or click on suspicious links.
- Verify transactions and payment receipts before releasing funds or assets.
Common scams include:
- Proof of Payment Scams
- SMS Scams
- Chargeback Scams
- Man-in-the-Middle (MitM) Scams
- Triangle Scams
- Crypto Exchange Platform Imposter Scams
Remember to stay vigilant and skeptical to protect yourself from P2P fraud in the crypto market.
#P2PScamAwareness #P2PScamWarning #Binance55thProject(IO) #P2PTradingTips #p2ptransactions
- Check your account to confirm payments before releasing funds or assets.
- Be cautious of requests to release funds before payment confirmation.
- Don't accept payments from third-party accounts.
- Don't share personal information or click on suspicious links.
- Verify transactions and payment receipts before releasing funds or assets.
Common scams include:
- Proof of Payment Scams
- SMS Scams
- Chargeback Scams
- Man-in-the-Middle (MitM) Scams
- Triangle Scams
- Crypto Exchange Platform Imposter Scams
Remember to stay vigilant and skeptical to protect yourself from P2P fraud in the crypto market.
#P2PScamAwareness #P2PScamWarning #Binance55thProject(IO) #P2PTradingTips #p2ptransactions
Finally, Unfreeze my account by cyber Crime Department regarding p2p transactions through Bank IMPS or UPI.
#SOLVE #P2PScam #p2ptransactions #p2p-market #p2p
#SOLVE #P2PScam #p2ptransactions #p2p-market #p2p
Respected Binance Customer Service Team ☑️
I hope this message finds you well. I am writing as a verified merchant on Binance, along with other affected merchants, to raise serious concerns about the recent practice of suspending merchant accounts and blocking withdrawals based on reports from the Federal Investigation Agency (FIA) or other local authorities in Pakistan.
As you may know, cryptocurrency is unregulated in Pakistan, and this lack of regulation often leads to confusion and exploitation by local authorities. In particular, the FIA has used this gap to target cryptocurrency merchants. Many of us have been subjected to unwarranted demands for money or threats of legal action during their investigations, despite our accounts and transactions being entirely legitimate.
The problem arises when Binance acts on these reports without a full investigation, leading to the suspension of accounts and freezing of withdrawals, without giving us a chance to explain or clarify the situation. This creates serious financial distress for merchants who are simply following Binance’s rules.
We respectfully request that Binance addresses this issue by:
1. Ensuring that accounts are not suspended or withdrawals blocked solely based on reports from the FIA or local authorities. Suspensions should only occur after a thorough review and investigation of the allegations. Taking action on unverified reports from authorities without full due process is unfair and detrimental to legitimate businesses operating on the platform.
2. Handling these matters internally and directly with the authorities. Binance should take responsibility for resolving these issues directly with local authorities like the FIA to protect its merchants. As a trusted platform, Binance should not penalize merchants for issues beyond their control, especially when dealing with unclear or coercive actions from local officials.
3. Providing better protection for merchants in unregulated regions like Pakistan. We urge Binance to offer better support and guidance to merchants operating in jurisdictions with unclear cryptocurrency regulations. By ensuring that local authorities are held accountable for their actions and protecting legitimate users, Binance can foster a fairer and safer environment for all its merchants.
We understand the challenges Binance faces in balancing local regulatory compliance with global operations, but we believe that protecting its merchants from such unjust actions is essential for maintaining trust and fairness on the platform.
@Richard Teng @Binance Announcement @Binance South Asia @Binance Customer Support
As you may know, cryptocurrency is unregulated in Pakistan, and this lack of regulation often leads to confusion and exploitation by local authorities. In particular, the FIA has used this gap to target cryptocurrency merchants. Many of us have been subjected to unwarranted demands for money or threats of legal action during their investigations, despite our accounts and transactions being entirely legitimate.
The problem arises when Binance acts on these reports without a full investigation, leading to the suspension of accounts and freezing of withdrawals, without giving us a chance to explain or clarify the situation. This creates serious financial distress for merchants who are simply following Binance’s rules.
We respectfully request that Binance addresses this issue by:
1. Ensuring that accounts are not suspended or withdrawals blocked solely based on reports from the FIA or local authorities. Suspensions should only occur after a thorough review and investigation of the allegations. Taking action on unverified reports from authorities without full due process is unfair and detrimental to legitimate businesses operating on the platform.
2. Handling these matters internally and directly with the authorities. Binance should take responsibility for resolving these issues directly with local authorities like the FIA to protect its merchants. As a trusted platform, Binance should not penalize merchants for issues beyond their control, especially when dealing with unclear or coercive actions from local officials.
3. Providing better protection for merchants in unregulated regions like Pakistan. We urge Binance to offer better support and guidance to merchants operating in jurisdictions with unclear cryptocurrency regulations. By ensuring that local authorities are held accountable for their actions and protecting legitimate users, Binance can foster a fairer and safer environment for all its merchants.
We understand the challenges Binance faces in balancing local regulatory compliance with global operations, but we believe that protecting its merchants from such unjust actions is essential for maintaining trust and fairness on the platform.
@Richard Teng @Binance Announcement @Binance South Asia @Binance Customer Support
3 Ways to Convert Bitcoin into Cash on Binance
#P2P_Binance #p2ptransactions #bitcoin☀️ #P2PTrading
Introduction
Welcome to this blog, where we will be discussing three ways to convert Bitcoins into cash on Binance. But first, let's understand two important concepts: Binance and Bitcoin. Binance is a platform that allows users to trade digital currencies. It was launched in 2017 and has since become one of the most popular cryptocurrency exchange platforms. On the other hand, Bitcoin is a digital currency that operates on a decentralized network. It was created in 2009 and has since gained massive popularity and acceptance worldwide. Now, why do you need to cash out Bitcoin on Binance? One word: liquidity. Although Bitcoin is a popular investment, it can be challenging to convert it into cash. This is where Binance comes in, offering you different ways to convert your Bitcoin to cash quickly and efficiently.
So, if you're looking to cash out your Bitcoins on Binance, keep reading to discover the best ways to do so.
Convert Bitcoin to cash using Peer to peer (P2P) trading on Binance
Introduction: Like any other cryptocurrency exchange, Binance offers you an opportunity to trade Bitcoin and other cryptocurrencies. Almost every trader out there aims to make profits, but what’s the use if the profits are in digital form? People often search for ways to convert their Bitcoin into cash, but the process can get difficult for newbies. What is Binance? Binance is a top-rated cryptocurrency exchange that stands out in the industry for its quality and reliability. With higher trading volumes, it has managed to get ranked first on CoinMarketCap, one of the largest cryptocurrency data trackers. What is Bitcoin? Bitcoin is a cryptocurrency or a digital currency that operates on the blockchain. Unlike the traditional currency, Bitcoin is completely decentralized and operates without a central bank. ]
Why do you need to cash out Bitcoin on Binance? Bitcoin was initially created to serve as a financial alternative for users. Over time, however, it has grown to become more of an investment asset. Bitcoin's price keeps fluctuating, and if you've made satisfactory returns, you may want to convert them into cash. Convert Bitcoin to cash using Peer to peer (P2P) trading on Binance: Binance offers P2P trading that connects buyers and sellers of cryptocurrency in a decentralized manner. This means peer-to-peer trading on Binance offers greater privacy, security, and flexibility than other methods. The process of P2P trading is fairly simple on Binance. Start by searching for “P2P Trading” on your Binance app and select “Buy” or “Sell.” Create an order by entering the amount of the cryptocurrency you wish to buy or sell, and choose a payment method that suits you best. Once a match is found, the transactions are completed with ease. Using P2P trading on Binance has its advantages. You won't have to go through rigorous compliance procedures, and with the security protocols in place, your data is safe. If you're not comfortable with the idea of linking your bank account directly to an exchange, P2P trading is your best bet.
Convert Bitcoin to cash using Binance trading platform
So you've got some Bitcoin and you're looking to cash out? Good news for you, Binance has got your back! One option is to use their trading platform to convert your Bitcoin into cold, hard cash. First things first, you'll need to make sure you have a Binance account and have gone through their verification process. Once that's taken care of, head on over to the trading platform and select the Bitcoin to cash pair that you're interested in.
Next, you'll want to set the amount of Bitcoin you'd like to convert, and then select the cash-out method you prefer - this could be via bank transfer, PayPal, or any other supported method. Once you've completed these steps, you'll need to confirm the trade and then sit back and wait for your cash to arrive in your account.
It's as simple as that! The beauty of using Binance's trading platform is the ease and efficiency it offers, which means you can cash out your Bitcoin with the click of a button. Plus, with all the different cash-out options available, you're sure to find one that suits your needs. So go ahead, get trading and convert that Bitcoin into some cold, hard cash - thanks to Binance!
Convert Bitcoin to cash using Binance Visa Card
Are you tired of waiting days or even weeks for a traditional bank to process your Bitcoin transactions? Well, Binance has a solution that may just save you the headache. Enter Binance Visa Card. If you have a Binance Visa card, converting Bitcoin into cash has never been easier. Simply link your Binance account to your Binance Visa Card and voila! You can now convert Bitcoin into cash and use it to purchase groceries, pay bills, or whatever else you please.
Oh, did we mention the added perk of getting up to 8% cashback for your purchases? That's right, you can enjoy the benefits of converting Bitcoin into cash while also earning rewards for your spending. And the best part? You don't have to leave the comfort of your home to use your Binance Visa Card. It's accepted worldwide, making it the ultimate solution for quick and easy Bitcoin cash-outs.
Say goodbye to the long wait times and hello to a faster, more efficient way of converting your Bitcoin into cash with Binance Visa Card.
Conclusion
In summary, there are three ways to convert Bitcoin to cash on Binance: P2P trading, Binance trading platform, and Binance Visa Card. Using Binance for Bitcoin cashouts is efficient and easy.
With P2P trading, you can buy and sell Bitcoin directly with other individuals. The Binance trading platform offers a range of trading options while the Binance Visa Card allows users to spend their crypto like cash. Binance offers a one-stop solution for cashing out Bitcoin.
for more such information follow @Aman Sai and stay connected🚀
Introduction
Welcome to this blog, where we will be discussing three ways to convert Bitcoins into cash on Binance. But first, let's understand two important concepts: Binance and Bitcoin. Binance is a platform that allows users to trade digital currencies. It was launched in 2017 and has since become one of the most popular cryptocurrency exchange platforms. On the other hand, Bitcoin is a digital currency that operates on a decentralized network. It was created in 2009 and has since gained massive popularity and acceptance worldwide. Now, why do you need to cash out Bitcoin on Binance? One word: liquidity. Although Bitcoin is a popular investment, it can be challenging to convert it into cash. This is where Binance comes in, offering you different ways to convert your Bitcoin to cash quickly and efficiently.
So, if you're looking to cash out your Bitcoins on Binance, keep reading to discover the best ways to do so.
Convert Bitcoin to cash using Peer to peer (P2P) trading on Binance
Introduction: Like any other cryptocurrency exchange, Binance offers you an opportunity to trade Bitcoin and other cryptocurrencies. Almost every trader out there aims to make profits, but what’s the use if the profits are in digital form? People often search for ways to convert their Bitcoin into cash, but the process can get difficult for newbies. What is Binance? Binance is a top-rated cryptocurrency exchange that stands out in the industry for its quality and reliability. With higher trading volumes, it has managed to get ranked first on CoinMarketCap, one of the largest cryptocurrency data trackers. What is Bitcoin? Bitcoin is a cryptocurrency or a digital currency that operates on the blockchain. Unlike the traditional currency, Bitcoin is completely decentralized and operates without a central bank. ]
Why do you need to cash out Bitcoin on Binance? Bitcoin was initially created to serve as a financial alternative for users. Over time, however, it has grown to become more of an investment asset. Bitcoin's price keeps fluctuating, and if you've made satisfactory returns, you may want to convert them into cash. Convert Bitcoin to cash using Peer to peer (P2P) trading on Binance: Binance offers P2P trading that connects buyers and sellers of cryptocurrency in a decentralized manner. This means peer-to-peer trading on Binance offers greater privacy, security, and flexibility than other methods. The process of P2P trading is fairly simple on Binance. Start by searching for “P2P Trading” on your Binance app and select “Buy” or “Sell.” Create an order by entering the amount of the cryptocurrency you wish to buy or sell, and choose a payment method that suits you best. Once a match is found, the transactions are completed with ease. Using P2P trading on Binance has its advantages. You won't have to go through rigorous compliance procedures, and with the security protocols in place, your data is safe. If you're not comfortable with the idea of linking your bank account directly to an exchange, P2P trading is your best bet.
Convert Bitcoin to cash using Binance trading platform
So you've got some Bitcoin and you're looking to cash out? Good news for you, Binance has got your back! One option is to use their trading platform to convert your Bitcoin into cold, hard cash. First things first, you'll need to make sure you have a Binance account and have gone through their verification process. Once that's taken care of, head on over to the trading platform and select the Bitcoin to cash pair that you're interested in.
Next, you'll want to set the amount of Bitcoin you'd like to convert, and then select the cash-out method you prefer - this could be via bank transfer, PayPal, or any other supported method. Once you've completed these steps, you'll need to confirm the trade and then sit back and wait for your cash to arrive in your account.
It's as simple as that! The beauty of using Binance's trading platform is the ease and efficiency it offers, which means you can cash out your Bitcoin with the click of a button. Plus, with all the different cash-out options available, you're sure to find one that suits your needs. So go ahead, get trading and convert that Bitcoin into some cold, hard cash - thanks to Binance!
Convert Bitcoin to cash using Binance Visa Card
Are you tired of waiting days or even weeks for a traditional bank to process your Bitcoin transactions? Well, Binance has a solution that may just save you the headache. Enter Binance Visa Card. If you have a Binance Visa card, converting Bitcoin into cash has never been easier. Simply link your Binance account to your Binance Visa Card and voila! You can now convert Bitcoin into cash and use it to purchase groceries, pay bills, or whatever else you please.
Oh, did we mention the added perk of getting up to 8% cashback for your purchases? That's right, you can enjoy the benefits of converting Bitcoin into cash while also earning rewards for your spending. And the best part? You don't have to leave the comfort of your home to use your Binance Visa Card. It's accepted worldwide, making it the ultimate solution for quick and easy Bitcoin cash-outs.
Say goodbye to the long wait times and hello to a faster, more efficient way of converting your Bitcoin into cash with Binance Visa Card.
Conclusion
In summary, there are three ways to convert Bitcoin to cash on Binance: P2P trading, Binance trading platform, and Binance Visa Card. Using Binance for Bitcoin cashouts is efficient and easy.
With P2P trading, you can buy and sell Bitcoin directly with other individuals. The Binance trading platform offers a range of trading options while the Binance Visa Card allows users to spend their crypto like cash. Binance offers a one-stop solution for cashing out Bitcoin.
for more such information follow @Aman Sai and stay connected🚀
See original
P2P Beginner 101 on Binance App: A Complete Guide for Beginners
Peer-to-Peer (P2P) is one of the easiest ways to buy and sell cryptocurrency directly with other users without an intermediary. On Binance, the P2P platform makes it easy for you to trade crypto with other users directly using your local currency. This article will provide a complete guide for beginners who want to start P2P trading on the Binance app, covering steps on how to use this feature as well as tips for security.
What is Binance P2P?
Binance P2P is a Peer-to-Peer trading platform that allows you to buy or sell cryptocurrencies directly from other users. In the P2P model, you transact directly with another party (seller or buyer) without involving an intermediary like a traditional exchange. Binance acts as an intermediary by providing escrow to ensure the security of the transaction.
What is Binance P2P?
Binance P2P is a Peer-to-Peer trading platform that allows you to buy or sell cryptocurrencies directly from other users. In the P2P model, you transact directly with another party (seller or buyer) without involving an intermediary like a traditional exchange. Binance acts as an intermediary by providing escrow to ensure the security of the transaction.
Binance P2P Glossary
To navigate the Binance P2P platform efficiently, it’s worth getting familiar with some of the key terms:
Funding Wallet: Binance accounts have different types of wallets for different trading purposes. The Funding Wallet is a dedicated wallet for P2P trading, where cryptocurrencies obtained from P2P transactions are stored.
Ad: A user-generated offer detailing their price and trading requirements, such as asset type, payment methods, and other terms.
Order Limit: The specified range of minimum and maximum amounts for buying or selling assets in a particular ad.
Order Limit: The specified range of minimum and maximum amounts for buying or selling assets in a particular ad.
Average release time: The average duration within which a seller releases cryptocurrency after receiving payment. You can check a user’s Avg Release Time by clicking on their nickname or Ad.
Pay time: The deadline for buyers to complete payments.
30d Trades: The total number of completed trades in the past 30 days.
30d Completion Rate: The ratio of completed orders to canceled orders in the last 30 days.
You can check the 30d Trades and 30d Completion Rate by visiting a user’s profile page.
Appeal: A mechanism for resolving disputes between buyers and sellers with the help of Binance customer support.
Maker: A user who creates P2P advertisements on the platform.
Taker: A user who executes trades using existing P2P advertisements.
P2P Merchant: Users providing liquidity and payment solutions on the platform
Advantages of Binance P2P
Binance P2P offers a myriad of benefits, including:
Escrow service: Secure holding of cryptocurrencies during transactions, mitigating risks of theft and fraud.
Diverse payment methods: 800+ payment methods and 100+ fiat currencies supported, ensuring accessibility for users worldwide.
Swift transactions: Reduced waiting times, with transactions completed in as little as 15 minutes.
Price control: trade crypto with the freedom to choose your seller or set your own price.
24/7 Customer Support: Comprehensive assistance in multiple languages, ensuring a seamless trading experience. #P2PTrading #p2ptransactions #CryptoMarketMoves #MarketDownturn #LowestCPI2021 $BTC $ETH $BNB
Funding Wallet: Binance accounts have different types of wallets for different trading purposes. The Funding Wallet is a dedicated wallet for P2P trading, where cryptocurrencies obtained from P2P transactions are stored.
Ad: A user-generated offer detailing their price and trading requirements, such as asset type, payment methods, and other terms.
Order Limit: The specified range of minimum and maximum amounts for buying or selling assets in a particular ad.
Order Limit: The specified range of minimum and maximum amounts for buying or selling assets in a particular ad.
Average release time: The average duration within which a seller releases cryptocurrency after receiving payment. You can check a user’s Avg Release Time by clicking on their nickname or Ad.
Pay time: The deadline for buyers to complete payments.
30d Trades: The total number of completed trades in the past 30 days.
30d Completion Rate: The ratio of completed orders to canceled orders in the last 30 days.
You can check the 30d Trades and 30d Completion Rate by visiting a user’s profile page.
Appeal: A mechanism for resolving disputes between buyers and sellers with the help of Binance customer support.
Maker: A user who creates P2P advertisements on the platform.
Taker: A user who executes trades using existing P2P advertisements.
P2P Merchant: Users providing liquidity and payment solutions on the platform
Advantages of Binance P2P
Binance P2P offers a myriad of benefits, including:
Escrow service: Secure holding of cryptocurrencies during transactions, mitigating risks of theft and fraud.
Diverse payment methods: 800+ payment methods and 100+ fiat currencies supported, ensuring accessibility for users worldwide.
Swift transactions: Reduced waiting times, with transactions completed in as little as 15 minutes.
Price control: trade crypto with the freedom to choose your seller or set your own price.
24/7 Customer Support: Comprehensive assistance in multiple languages, ensuring a seamless trading experience. #P2PTrading #p2ptransactions #CryptoMarketMoves #MarketDownturn #LowestCPI2021 $BTC $ETH $BNB
LET’S JUMP INTO P2P TRADING ON BINANCE
BTC
$68,017.09
-1.09%
FOR
$0.01892
-0.26%
FET
$2.246
-0.18%
Greetings!
If you are new to crypto world or unfamiliar with the exclusive features of Binance - The Top Crypto Exchange In The World, then you are missing a lot!
If you want to start your new trading journey and you need funds to deposit into your Binance account - what will you do?
Let’s learn ‘HOW TO MAKE DEPOSITS INTO YOUR BINANCE ACCOUNT USING P2P’
But, What is P2P?
P2P means 'peer-to-peer'. In Binance, P2P facilitates direct buying and selling of crypto between users without intermediaries. This mode of trading gives users more control over their crypto transactions. Through P2P you can easily make deposits into your accounts.
Let's Start 👇🏻
STEP 01
Create Your Account
You need to create your account on Binance and get verified by verifying your true identity.
OR
If you already have a verified account on Binance, open the app and the home page will appear on your screen.
STEP 02
Click On Deposit
You’ll see ‘Deposit’ in the top right corner of your homepage. Click on it
STEP 03
Click On P2P Trading
If you don't have assets in your account, you can buy them via P2P trading directly from the users. Click on P2P Trading
STEP 04
- A page will appear where you have to click on ‘BUY’
- Then, click on USDT below the BUY command
- You have to select the currency you want to buy. I selected BTC
STEP 05
For your ease click on the ‘Amount’ and write the amount of currency you want to buy - I wrote 100,000 PKR
STEP 06
Then, click on ‘Payment’ and select the payment method you want to use. Anything available to you easily.
I have selected ‘Bank Transfer’
By following Step 05 & Step 06, you will easily find a seller to buy crypto on your requirements
STEP 07
Select the seller that best suits your requirements
STEP 08
Carefully read the advertiser’s terms before placing the order.
(I'll share 9 and 10 in next post)
HAPPY P2P FIRST TRANSACTION TO YOU 🙌🏻
#P2PTrading #btc #p2ptransactions #SHIB #FET
BTC
$68,017.09
-1.09%
FOR
$0.01892
-0.26%
FET
$2.246
-0.18%
Greetings!
If you are new to crypto world or unfamiliar with the exclusive features of Binance - The Top Crypto Exchange In The World, then you are missing a lot!
If you want to start your new trading journey and you need funds to deposit into your Binance account - what will you do?
Let’s learn ‘HOW TO MAKE DEPOSITS INTO YOUR BINANCE ACCOUNT USING P2P’
But, What is P2P?
P2P means 'peer-to-peer'. In Binance, P2P facilitates direct buying and selling of crypto between users without intermediaries. This mode of trading gives users more control over their crypto transactions. Through P2P you can easily make deposits into your accounts.
Let's Start 👇🏻
STEP 01
Create Your Account
You need to create your account on Binance and get verified by verifying your true identity.
OR
If you already have a verified account on Binance, open the app and the home page will appear on your screen.
STEP 02
Click On Deposit
You’ll see ‘Deposit’ in the top right corner of your homepage. Click on it
STEP 03
Click On P2P Trading
If you don't have assets in your account, you can buy them via P2P trading directly from the users. Click on P2P Trading
STEP 04
- A page will appear where you have to click on ‘BUY’
- Then, click on USDT below the BUY command
- You have to select the currency you want to buy. I selected BTC
STEP 05
For your ease click on the ‘Amount’ and write the amount of currency you want to buy - I wrote 100,000 PKR
STEP 06
Then, click on ‘Payment’ and select the payment method you want to use. Anything available to you easily.
I have selected ‘Bank Transfer’
By following Step 05 & Step 06, you will easily find a seller to buy crypto on your requirements
STEP 07
Select the seller that best suits your requirements
STEP 08
Carefully read the advertiser’s terms before placing the order.
(I'll share 9 and 10 in next post)
HAPPY P2P FIRST TRANSACTION TO YOU 🙌🏻
#P2PTrading #btc #p2ptransactions #SHIB #FET
P2P is much worth it and easier to use,hence I recommend it to our new users.
#BTC #p2ptransactions #p2pbuysell
#BTC #p2ptransactions #p2pbuysell
It was done, thanks to God and His grace
Verifying the merchant’s account Abu Khaled 👍🏻 #P2P
Safety, speed, ethics and the best exchange rates
#Binance
#bitcoin
#Ethereum
#solana
$ETH
$BTC
$BNB
Verifying the merchant’s account Abu Khaled 👍🏻 #P2P
Safety, speed, ethics and the best exchange rates
#Binance
#bitcoin
#Ethereum
#solana
$ETH
$BTC
$BNB
In Pakistan, one of the most common challenges faced during peer-to-peer (P2P) transactions is the frequent freezing of bank accounts. This issue often arises due to misunderstandings between buyers and verified merchants regarding verification requirements.
Many Pakistani users become frustrated when merchants request additional verification, such as a copy of their CNIC, selfies, videos, or other supporting documents. The assumption is, "Why do I need to verify myself again when I’ve already completed my KYC with the platform?" Some buyers perceive this request as an accusation of dishonesty, which leads to unnecessary disputes.
If a scammer completes a fraudulent transaction and their bank account gets flagged, this triggers a ripple effect. Every account associated with payments linked to that scammer may also face scrutiny, leading to blocked accounts for innocent users. Merchants, therefore, take these precautions to ensure both their safety and yours.
A major issue contributing to these problems is impatience. Many buyers expect instant responses from merchants, and if they don’t receive a reply within 10 or 15 minutes, they immediately file a complaint or dispute. What buyers often overlook is that merchants may be handling multiple transactions at the same time.
Another contributing factor is the disregard for merchant-specific terms and conditions. Ignoring these guidelines often leads to heated arguments, which further complicate the transaction. Merchants set these terms to streamline their workflow and ensure smoother operations for all parties involved.
To reduce the risk of account freezes and improve the overall experience, patience and cooperation are essential. Always read the merchant’s terms and conditions carefully before initiating a transaction. Be prepared to comply with any additional verification requests, as this ensures transparency and safeguards all parties. Most importantly, allow merchants adequate time to respond, and avoid raising disputes prematurely.
#p2ptransactions #P2PScamAwareness
Many Pakistani users become frustrated when merchants request additional verification, such as a copy of their CNIC, selfies, videos, or other supporting documents. The assumption is, "Why do I need to verify myself again when I’ve already completed my KYC with the platform?" Some buyers perceive this request as an accusation of dishonesty, which leads to unnecessary disputes.
If a scammer completes a fraudulent transaction and their bank account gets flagged, this triggers a ripple effect. Every account associated with payments linked to that scammer may also face scrutiny, leading to blocked accounts for innocent users. Merchants, therefore, take these precautions to ensure both their safety and yours.
A major issue contributing to these problems is impatience. Many buyers expect instant responses from merchants, and if they don’t receive a reply within 10 or 15 minutes, they immediately file a complaint or dispute. What buyers often overlook is that merchants may be handling multiple transactions at the same time.
Another contributing factor is the disregard for merchant-specific terms and conditions. Ignoring these guidelines often leads to heated arguments, which further complicate the transaction. Merchants set these terms to streamline their workflow and ensure smoother operations for all parties involved.
To reduce the risk of account freezes and improve the overall experience, patience and cooperation are essential. Always read the merchant’s terms and conditions carefully before initiating a transaction. Be prepared to comply with any additional verification requests, as this ensures transparency and safeguards all parties. Most importantly, allow merchants adequate time to respond, and avoid raising disputes prematurely.
#p2ptransactions #P2PScamAwareness
See original
📢 SCAM ALERT 🚨🚨
⛔⛔⛔⛔⛔⛔⛔⛔⛔
🛑Beware of P2P scams on Binance🛑Scammers are increasingly targeting P2P transactions. Here's how it works:
1. Initial setup: The victim places an order and completes the fiat payment to the scammer.
2. Scammer tactics: The scammer contacts the victim via phone or Telegram, urging them to cancel the order for a refund. Less vigilant users might comply, allowing the scammer to quickly transfer or sell all the crypto.
3. Advanced deception: For more cautious users, scammers pose as Binance customer support and convince the victim to scan a web login QR code. This gives scammers access to the victim's account, allowing them to cancel the order and steal the cryptocurrency.
Protect yourself:
- Once you've paid, never cancel the order.
- Check customer support requests through Binance's official channels.
Stay alert and protect your assets.
#BullBanter #Binance #StaySafe #p2ptransactions #Crytomonedas
⛔⛔⛔⛔⛔⛔⛔⛔⛔
🛑Beware of P2P scams on Binance🛑Scammers are increasingly targeting P2P transactions. Here's how it works:
1. Initial setup: The victim places an order and completes the fiat payment to the scammer.
2. Scammer tactics: The scammer contacts the victim via phone or Telegram, urging them to cancel the order for a refund. Less vigilant users might comply, allowing the scammer to quickly transfer or sell all the crypto.
3. Advanced deception: For more cautious users, scammers pose as Binance customer support and convince the victim to scan a web login QR code. This gives scammers access to the victim's account, allowing them to cancel the order and steal the cryptocurrency.
Protect yourself:
- Once you've paid, never cancel the order.
- Check customer support requests through Binance's official channels.
Stay alert and protect your assets.
#BullBanter #Binance #StaySafe #p2ptransactions #Crytomonedas
p2p Scam Alert 🚨‼️- Solution 💯
Hey Guys :- I want to share something with you i will provide you solution how to solve this issue. I know many people have faced this problem regarding Bank Account Freeze in p2p trading. There is lots of people who gives you different-different solutions and that’s not enough to unfreeze your bank account.I will give you complete information regarding unfreeze your bank accounts and thats 100% working for you.DM me I solve my case so i will share with you what exactly happened.#solutions #P2PScam #IndianRegulation #P2PPayment #p2ptransactions
#P2PTrading
Takeaways***Always remember to check the rating of the sellers for every transaction. 88-99% is good, because they are some of the most trusted traders.
***Check out for the trader's conditions prior to trading.
***Do not cancel an order, unless the system does, because of elapsed stated time. And if already paid, report any issues by contacting the customer service early enough. If the buyer is offline, assets will be released automatically at the lapse of time.
***Remember to mark an order as "paid". For crypto to be released by the seller.
***Leave positive rating for a good trader to encourage more transactions with other traders.
Anyway, remember that $DOGS and $TON are the newest kids in the block. Brace yourself for a massive bull run with these coins.. Stay put#DOGSONBINANCE #p2ptransactions
Follow us for more crypto updates
Takeaways***Always remember to check the rating of the sellers for every transaction. 88-99% is good, because they are some of the most trusted traders.
***Check out for the trader's conditions prior to trading.
***Do not cancel an order, unless the system does, because of elapsed stated time. And if already paid, report any issues by contacting the customer service early enough. If the buyer is offline, assets will be released automatically at the lapse of time.
***Remember to mark an order as "paid". For crypto to be released by the seller.
***Leave positive rating for a good trader to encourage more transactions with other traders.
Anyway, remember that $DOGS and $TON are the newest kids in the block. Brace yourself for a massive bull run with these coins.. Stay put#DOGSONBINANCE #p2ptransactions
Follow us for more crypto updates
Don't think whole life for job
You have own life to live .....
#BinanceChallenge #BinanceWish #2023withBinance #BinanceTournament" #p2ptransactions
You have own life to live .....
#BinanceChallenge #BinanceWish #2023withBinance #BinanceTournament" #p2ptransactions