Binance P2P is the good opportunity for you to buy and sell of cryptocurrencies using their local currencies with its great venue. Yes, since its launch in October 2019 on the Binance app, it is now available on Binance website. It meant for the users who want to exchange their local currencies into cryptocurrencies and vice versa.
Binance P2P offers a robust platform for verified buyers and sellers to broadcast their offers with crypto escrow service that ensures the safety and timely delivery of crypto assets in every trade. Since its launch Binance P2P has processed over 950 million USD in trades, attracting merchants and users across the world. So, let’s find out the why use Binance P2P for cryptocurrency trading.
5 Reasons to use Binance P2P Trading for Crypto Trading
#1 Trade on Binance P2P Zero Fees
From the trading fees point of view Binance P2P is not taking any fees from peer-to-peer fiat-crypto transactions or offers posted. While using the Binance P2P, you can simply set the price and get the full value you want to get from your P2P ad. You can consider it as a value-added service that we grant to you as yet another perk for being part of the Binance ecosystem.
#2 Best Prices in Peer-to-Peer Trading
The crypto exchange Binance’s reputation as the best trading platform on our spot as well as futures markets is also extended to our P2P platform. As per to our recent internal data for tracking P2P prices around the world, Binance P2P now offers some of the most competitive prices for USDT in major markets such as China, Russia, and Vietnam.
#3 P2P is Part of Binance’s full Ecosystem
Binance P2P that other P2P platforms cannot be easily replicate is that it is part of a wider Binance ecosystem of crypto products and services. Compare to other P2P platforms, where you may have to transfer to several wallets and platforms in order to use your crypto for other means, Binance P2P allows the crypto you buy to be sent directly to your Binance account.
From there, your crypto can be used for multiple purposes on Binance, from trading across our spot, margin, futures, and options platforms, to crypto financial services such as staking, savings, and more.
#4 Supporting the Multiple Currencies
Binance P2P is one of the fastest-growing P2P platforms supporting at least one new currency each week, in addition to new features and enhancements released regularly, such as the recent P2P ad feature. Currently it is supporting 27 fiat currencies and six cryptocurrencies. And you can easily add the list of the world’s currencies on the drop-down option and call it a day. With Binance P2P, we coordinate with on-the-ground P2P buyers and sellers in each country we support.
#5 Binance P2P Makes Remittance Easier
This is one of another major reason why you should trade with Binance P2P. Yes, you can use Binance P2P to exchange currencies on the go at competitive rates. Let’s take an example, if you are from Taiwan and have migrated to Japan to work. If you are paid in Japan Yen and you need to send Taiwanese New Taiwan dollar back home, you can sell your Japanese Yen for crypto on Binance P2P, and then convert your crypto into Taiwanese New Taiwan dollar within one hour.
Call Binance Customer Support Number for P2P Related Issues
Trading on Binance exchange comes with various benefits, either you are using the regular platform. At the same time you can face various types of technical errors while using the Binance platform. And to resolve such errors, you can take help from experts. Just dial the Binance Customer Support Number and you will get immediate online assistance from the Crypto experts to get the instant solution. This online customer support service is always available to resolve the Binance related all types of problems.