How to Trade USDT with P2P on Binance: A Detailed Guide

Trading USDT (Tether) with P2P (Peer-to-Peer) on Binance can be a convenient and straightforward process. P2P trading allows you to buy or sell USDT directly with other users, without the need for a centralized exchange. In this guide, we will walk you through the steps to trade USDT with P2P on Binance, ensuring a smooth and secure transaction.

Creating a Binance Account

Before you can start trading USDT with P2P on Binance, you need to create a Binance account. Follow these steps to set up your account:

1. Visit the Binance website and click on “Register” to create a new account.
2. Fill in the required information, such as your email address, phone number, and password.
3. Complete the email verification process by clicking on the link sent to your email.
4. Complete the phone number verification process by entering the code sent to your phone.
5. Once your account is verified, you can log in and start trading.

Verifying Your Binance Account

For enhanced security and access to certain features, it is recommended to verify your Binance account. Here’s how to do it:

1. Log in to your Binance account.
2. Click on the “User Center” tab and then select “Level 2 Verification” from the dropdown menu.
3. Fill in the required information, such as your full name, date of birth, and address.
4. Upload the necessary documents, such as a government-issued ID and proof of address.
5. Submit the verification request and wait for it to be processed. This process may take a few days.

Navigating the Binance P2P Trading Platform

Once your Binance account is verified, you can start navigating the P2P trading platform. Here’s a brief overview of the platform:

• Marketplace: This section displays all available P2P trading pairs, including USDT.
• Buy/Sell: Here, you can search for specific trading pairs and view the available offers from other users.
• Trade History: This section shows your past P2P transactions.

Buying USDT with P2P on Binance

Follow these steps to buy USDT with P2P on Binance:

1. Go to the “Buy/Sell” section of the P2P trading platform.
2. Search for the USDT trading pair you want to buy, such as USDT/BTC or USDT/ETH.
3. Choose the payment method you prefer, such as bank transfer, credit/debit card, or PayPal.
4. Select the offer from a seller that matches your requirements, such as the price and payment method.
5. Review the trade details and click “Buy” to proceed.
6. Follow the instructions provided by the seller to complete the payment.
7. Once the payment is confirmed, the seller will release the USDT to your Binance account.

Selling USDT with P2P on Binance

Follow these steps to sell USDT with P2P on Binance:

1. Go to the “Buy/Sell” section of the P2P trading platform.
2. Search for the USDT trading pair you want to sell, such as USDT/BTC or USDT/ETH.
3. Select the payment method you accept, such as bank transfer, credit/debit card, or PayPal.
4. Set the price and amount of USDT you want to sell.
5. Review the trade details and click “Sell” to proceed.
6. Once a buyer accepts your offer, follow the instructions provided to receive the payment.
7. After the payment is confirmed, release the USDT to the buyer’s Binance account.

Security Tips for P2P Trading on Binance

While P2P trading on Binance is generally secure, it’s essential to follow