Easy Guide: Post P2P Trading Ads on Binance Mobile

Table of Contents

1. Introduction
2. Setting up the Binance Mobile App
3. Creating a Binance Account
4. Verifying Your Binance Account
5. Accessing the P2P Trading Platform
6. Adding an Advertisement
7. Setting the Type and Price of the Ad
8. Setting the Total Amount of the Asset
9. Adding a Payment Method
10. Setting the Payment Limit Time
11. Additional Settings and Parameters
12. Conclusion

How to Post Peer-to-Peer Trading Advertisement on Binance Mobile App

In this article, we will guide You through the process of posting a Peer-to-peer trading advertisement on the Binance mobile app. Peer-to-peer trading has become increasingly popular in the cryptocurrency world, and the Binance platform offers a seamless experience for buying and selling assets directly with other users. Whether you are a seasoned cryptocurrency trader or just starting out, this step-by-step guide will help you navigate the process with ease.

1. Introduction

Peer-to-peer trading allows users to directly connect with other buyers and sellers on the Binance platform. By posting an advertisement, you can advertise your assets and set your desired price. This article will cover how to Create an advertisement on the Binance mobile app, including setting the type and price of the asset, adding a payment method, and setting the payment limit time.

2. Setting up the Binance Mobile App

Before you can start posting advertisements, you need to have the Binance mobile app installed on your phone. If you don't already have the app, you can follow our video tutorial on how to download the Binance app on your mobile phone. The link to the tutorial video will be provided in the description of this article. Once you have the app installed, log in to your account or create a new one if you don't have an account yet.

3. Creating a Binance Account

If you are new to Binance, you will need to create an account before you can start using the platform. Creating an account is straightforward and only takes a few minutes. We have a video tutorial on how to open a new account on the Binance exchange platform, as well as how to verify your account. The links to these tutorial videos will be provided in the description of this article. Once you have created and verified your account, you are ready to start using the peer-to-peer trading platform.

4. Verifying Your Binance Account

Verification is an important step in ensuring the security and legitimacy of your Binance account. It is necessary to complete the verification process before you can access and use certain features, including the peer-to-peer trading platform. Our tutorial video on verifying your Binance account will guide you through the process. The link to this video will be provided in the description of this article.

5. Accessing the P2P Trading Platform

To access the peer-to-peer trading platform on the Binance mobile app, tap on the "More" tab at the bottom of the screen. Then, tap on "Trade" followed by "P2P" (which stands for peer-to-peer). If you are accessing the platform for the first time, you will be presented with a risk Notice. Read and accept the notice to proceed. Once you have entered the P2P trading platform, you are ready to post your advertisement.

6. Adding an Advertisement

To add a new advertisement, tap on the "Post Ad" button. This will take you to a page where you can set various parameters for your advertisement. There are three main tasks to complete: setting the type and price of the asset, setting the total amount of the asset, and adding a payment method.

6.1 Setting the Type and Price of the Ad

In the first task, you need to specify whether you are selling or buying an asset. For selling, select "Sale" and choose your desired currency. Next, set the price type to "Fixed" if you want to manually edit your price. If you choose "Floating," the price will be adjusted according to the market price. Set your desired price, ensuring it is slightly lower than the Current market price to attract potential buyers.

6.2 Setting the Total Amount of the Asset

In this task, you need to enter the total amount of the asset you have available for trading. For example, if you have 10,000 USDT, enter that amount. Specify the minimal order you are willing to accept and the maximum amount you are willing to trade in a single transaction.

6.3 Adding a Payment Method

To complete this task, you need to have a payment method set up on your account. If you haven't set up a payment method yet, we have a tutorial video on how to add a new payment method to your peer-to-peer trading account. The link to this video will be provided in the description of this article. Once you have a payment method set up, select it from the available options.

7. Setting the Payment Limit Time

In this step, you need to specify the minimum time a buyer has to make the payment before the transaction is canceled. Choose a reasonable time limit that gives buyers enough time to complete the payment but also ensures that the transaction is completed within a reasonable timeframe. Set your preferred payment limit time and proceed to the next step.

8. Additional Settings and Parameters

After setting up the main parameters of your advertisement, you can proceed to configure additional settings and parameters if desired. These may include setting an automatic message for buyers or specifying your preferred communication Channel. Once you have reviewed and confirmed all the settings, your advertisement will be live and visible to potential buyers.

9. Conclusion

Posting a peer-to-peer trading advertisement on the Binance mobile app is a simple and effective way to buy and sell cryptocurrencies directly with other users. By following the steps outlined in this article, you can easily set up and manage your advertisements, attract potential buyers, and complete secure and reliable transactions. Start exploring the peer-to-peer trading platform on the Binance mobile app today and take AdVantage of the growing cryptocurrency market.

Highlights

• Learn how to post peer-to-peer trading advertisements on the Binance mobile app
• Set the type and price of your assets to attract buyers
• Specify the total amount of the asset and minimum order you are willing to accept
• Add a payment method to facilitate transactions
• Set the payment limit time for buyers to complete their payments
• Configure additional settings and parameters to enhance your advertisement

FAQ

Q: Are there any fees associated with posting peer-to-peer trading advertisements on Binance? A: Binance charges a small fee for each completed peer-to-peer transaction. The fee is deducted from the seller's account.

Q: Can I edit or cancel my advertisement after posting it on Binance? A: Yes, you can edit or cancel your advertisement at any time. Simply go to the "My Ads" section in the app and select the advertisement you want to modify or delete.

Q: Is peer-to-peer trading safe on the Binance platform? A: Binance has implemented several security measures to ensure the safety of peer-to-peer trading. However, it is always recommended to exercise caution and conduct thorough research before engaging in any trading activity.

Q: What happens if a buyer fails to make the payment within the specified time limit? A: If a buyer fails to make the payment within the specified time limit, the transaction will be automatically canceled. The asset will be released back to the seller's account.

Q: Can I post multiple advertisements for different assets on Binance? A: Yes, you can post multiple advertisements for different assets on the Binance platform. Each advertisement can have its own parameters and settings.