Binance P2P in simple terms
One person has USDT,digital money
Another person has Uganda Shillings (cash/mobile money)
Instead of going through a bank or company, they trade directly with each other.
But to keep it safe, Binance or OKX watches over the deal
Why Most Beginners Lose Money on Binance P2P
1. Fall for fake low prices
2. Ignoring seller's history and feedback
3. Confirming late
4. Dealing outside binance chat
5. Sending crypto before confirming payment #Binance#Crypto
Ever wondered how to buy usdt on binance
1. Open Binance
2. Go to P2P
3. Choose Buy USDT
4.Pick a trusted seller and pay via Mobile Money
5.Enter amount of USDT you want to buy
6. Transfer money to the seller and tap Transferred,Notify Seller
The seller will release USDT