How to Buy USDT on Binance P2P: A Step-by-Step Guide

Buying USDT on Binance P2P can be a straightforward process if you follow the right steps. In this guide, I’ll walk you through the entire process, from setting up your account to completing the transaction. Let’s get started!

Step 1: Create a Binance Account

Before you can buy USDT on Binance P2P, you need to have a Binance account. If you don’t already have one, follow these steps to create an account:

1. Go to the Binance website and click on “Register.”
2. Enter your email address and choose a password.
3. Complete the captcha and click “Register.”
4. Check your email for a verification link and click on it to verify your account.
5. Log in to your Binance account and complete the two-factor authentication (2FA) setup.

Step 2: Verify Your Binance Account

For security reasons, Binance requires you to verify your account before you can use the P2P trading feature. Here’s how to do it:

1. Go to the “User Center” section on your Binance account.
2. Click on “Level 2 Verification.” You may need to upload a government-issued ID, proof of address, and a selfie with your ID.
3. Wait for Binance to review your documents. This process can take a few hours to a few days.

Step 3: Deposit Funds into Your Binance Account

Once your account is verified, you need to deposit funds into your Binance account to buy USDT. Here are the steps:

1. Go to the “Funds” section on your Binance account.
2. Click on “Deposit” and select your preferred deposit method (e.g., bank transfer, credit/debit card, or other payment methods).
3. Follow the instructions to complete the deposit. Make sure to use the correct deposit address to avoid losing your funds.

Step 4: Navigate to the Binance P2P Trading Page

Now that you have funds in your Binance account, it’s time to navigate to the P2P trading page:

1. Go to the “Funds” section on your Binance account.
2. Click on “P2P Trading.” This will take you to the P2P trading page.

Step 5: Choose a USDT Trading Pair

On the P2P trading page, you’ll see a list of trading pairs. To buy USDT, you need to choose a trading pair that includes USDT. For example, you can choose USDT/BTC, USDT/ETH, or USDT/USDC.

Step 6: Select a Trade Offer

Once you’ve chosen a trading pair, you’ll see a list of trade offers from other users. Here’s how to select a trade offer:

1. Sort the trade offers by price, reputation, or other criteria to find the best deal.
2. Click on the trade offer you want to use.
3. Review the trade details, including the price, payment method, and seller’s reputation.

Step 7: Place Your Order

After selecting a trade offer, it’s time to place your order:

1. Enter the amount of USDT you want to buy.
2. Choose your payment method.
3. Review the trade details and click “Buy USDT.” This will create a trade order.

Step 8: Complete the Transaction

Once your trade order is created, the seller will have a certain amount of time to accept it. Here’s what to do next:

1. Wait for the seller to accept your trade order.
2. Once the order is accepted, follow the instructions to complete the payment.
3. After the payment is confirmed, the seller will release the USDT to your Binance account.

Step 9: Withdraw Your USDT