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P2P marketplaces like Binance P2P allow users to transact cryptocurrency directly with each other using their preferred payment method and local currency.
Binance P2P offers over 300 different payment methods and over 70 local currencies.
In this article, we provide ten reasons why P2P marketplaces like Binance P2P are the best way to buy cryptocurrencies.
Cryptocurrency exchanges are not the only way to buy Bitcoin and other cryptocurrencies. Discover why peer-to-peer marketplaces like Binance P2P provide the best method for purchasing cryptocurrencies.
Peer-to-peer (P2P) marketplaces and traditional Ecuador Mobile Number List cryptocurrency exchanges are platforms that allow users to exchange their Bitcoin and other cryptocurrencies for a preferred currency. The two platforms offer similar services, but the transaction experiences have fundamental differences. Your traditional cryptocurrency exchange uses an automated engine to complete buy and sell transactions; Meanwhile, P2P marketplaces like Binance P2P allow users to transact cryptocurrency directly with each other using their preferred payment method and local currency.
In this article, we provide ten reasons why P2P marketplaces like Binance P2P are the best way to buy cryptocurrencies, as they provide more control and precision over your conversions from crypto to fiat and vice versa.
1. Live chat during the transaction
Chat with your trading counterparty before completing any transaction. Clarify payment requirements, track delayed transactions, or know who you're trading with.
2. Customize your offers: ad serving
Through our ad serving feature , buyers and sellers can customize their offers with the price, payment method, and local currency of their choice. Create strong ad posts and provide suitable trading terms for cryptocurrency users around the world.
3. Security: escrow service
P2P trading is more convenient than a traditional cryptocurrency exchange, but trading with other users also carries its own risks. At Binance P2P, we provide an escrow service that ensures fair and secure transactions. Once a buyer completes the order, we hold the seller's cryptocurrencies in a temporary escrow until both parties confirm that the transaction was successfully completed.
4. Customer service
If issues arise with your P2P trading counterparty , you can quickly seek help from the Binance Customer Support team who will contact you via email. Our Customer Service team will mediate between both parties to find a solution.
5. No commissions
Traditional cryptocurrency exchanges serve as intermediaries and charge a small commission on all crypto transactions. In a P2P marketplace like Binance P2P, it is possible to buy or sell cryptocurrencies between users, without commissions.
6. More payment methods
Binance P2P offers over 300 different payment methods, including local bank transfer, SEPA transfer , international transfer, online wallet, cash, and more.
7. Local and global market
While many other P2P platforms target specific markets, Binance P2P provides a truly global trading experience with support for over 70 local currencies. Despite our international emphasis, we also strive to meet the needs of local markets through multilingual customer service and support for regional payment providers.
8. External restrictions
Historically, regulatory restrictions have intervened in traditional cryptocurrency exchanges. In P2P markets, transactions are interpersonal, meaning that users are not affected by these restrictions.
9. Fast transaction speeds
P2P transactions can take anywhere from 20 minutes to one to three business days to process, depending on the payment method you use. Typically, online wallet transactions are quick and easy; However, some local banks may take a day to process the transfer, and for international SWIFT transfers you may need to wait up to three days.
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发表于 2024-3-9 11:27:28