Do you invest in Crypto for high financial growth? If so, then you must be heard about the Binance. It is a leading US-based crypto exchange and house of listings for many new crypto coins.
It is said that if any day Binance shuts down, the whole crypt thing is over. The reason is avid as it is the most popular and biggest based on users’ crypto exchange. Binance serves in both web and app form, and the UI is very simple.
But, many users find it difficult to trade using Binance P2P- especially in India. That’s the reason why, as a crypto enthusiast, I decided to bring up a guide to help you with that.
What is Binance?
Basically, Binance doesn’t need any introduction. But, still those who don’t know about it, let me tell you that it is one of the largest crypto exchanges in the world. Well, you might be thinking why they named it Binance, right?
The term Binance refers to the combination of Bitcoin and Finance. Binance has both a mobile application and a web version where you can easily start trading and invest your money in crypto. All the popular and newly listed coins are available here. So, what are you waiting for? Go and start investing today.
Disclaimer: If you don’t have an account on Binance, you can use my referral link to get an exciting bonus.
Step to Trade using Binance P2P in India
When Binance P2P, most of the investors, investors who heard about this, got scared as they thought it was very tough to do. But, actually, it is not. Yes, you heard it right. You can do so very easily just by performing the steps we have mentioned below.
You can use any method, either web or app version. However, to trade peer-to-peer, you have to complete your personal information and 2FA. Then, you can simply perform these steps:
- Login to your account.
- Tap on Wallet.
- Click on Transfer to transfer your Bitcoin to your Binance P2P wallet.
- Now, enter the amount.
- After that, hit the Buy Crypto button and click on P2P Trading.
- Thereafter, tap on I want to Sell and enter BTC.
- Now, simply select your buyer and hit the Sell BTC button.
- Binance will also ask you the amount in which you want to sell your Bitcoin. So, after that simply select the payment and hit Sell BTC button. Now, just wait until the buyer transfer the fund to your account.
- Once done, you have to check if the amount is reflected to your account or not. If it is, then click on Confirm Release button. Suppose you didn’t recieve the amount, then do not click on that button otherwise you may get financial loss. In that scenario, wait for sometime or contact the Customer Care.
- After that, once everything is completed perfectly, you can click on Order Complete and tap on Check My Account to check the balance.
So, that’s all we have for you on how to trade using Binance P2P in India. It’s our hope that this guide has helped you. For more info, comment below or go to our YouTube channel.
