Binance P2P Sell Stablecoin Detailed Guide: Peer-to-Peer Trading Complete Tutorial

Learn how to sell stablecoins via Binance P2P platform, understanding the complete process of posting ads, selecting payment methods, completing transactions, and security tips.

What is Binance P2P?

Binance P2P is a peer-to-peer trading platform provided by Binance exchange, allowing users to directly trade cryptocurrencies with other users, supporting multiple payment methods including bank transfers, Alipay, WeChat Pay, etc.

Key Features:

• ✅ Multiple Payment Methods: Supports bank transfers, Alipay, WeChat, PayPal, etc.
• ✅ Instant Arrival: Funds arrive immediately after transaction completion
• ✅ Flexible Pricing: Can set custom sale prices
• ✅ Security Guarantee: Uses escrow system to protect both buyers and sellers
• ✅ No KYC Required: Some small transactions may not require complete KYC
• ✅ Global Support: Supports users from multiple countries and regions

Target Audience

Suitable for:

• Users who need specific payment methods (e.g., Alipay, WeChat)
• Users who want fast arrival
• Users who need flexible pricing
• Individual and small-scale users
• Users who want to avoid traditional bank transfers

Not suitable for:

• Users who need large-scale trading (recommend using exchanges)
• Users who want complete automation
• Users who need complete decentralization

Pre-sale Preparation

1. Register Binance Account

Required Conditions:

• Valid email address or phone number
• Identity documents (for KYC, some small transactions may not require)
• Payment accounts (bank account, Alipay, WeChat, etc.)

Registration Steps:

1. Visit Binance Official Website
2. Click "Register"
3. Enter email or phone number
4. Set password
5. Complete email or phone verification
6. Complete registration

2. Complete Identity Verification (KYC)

Verification Levels:

• Basic Verification: Can start P2P trading, but with lower limits
• Intermediate Verification: Increase trading limits
• Advanced Verification: Highest trading limits

Verification Steps:

1. Go to "User Center" → "Identification"
2. Select verification level
3. Upload identity documents (ID card, passport, etc.)
4. Complete facial recognition
5. Wait for review (usually minutes to hours)

3. Prepare Stablecoins

Supported Stablecoins:

• USDT (Tether)
• USDC (USD Coin)
• BUSD (Binance USD, issuance stopped)
• Other supported stablecoins

Steps to Deposit Stablecoins:

1. Go to "Wallet" → "Fiat and Spot"
2. Select stablecoin to deposit (e.g., USDT)
3. Click "Deposit"
4. Select network (recommend using low-fee networks like BSC, TRC20)
5. Copy address or scan QR code
6. Transfer from wallet to that address
7. Wait for confirmation (usually minutes)

4. Prepare Payment Account

Supported Payment Methods:

• Bank Transfer: Multiple countries including China, US, Europe, etc.
• Alipay: Chinese users
• WeChat Pay: Chinese users
• PayPal: Supported in some countries
• Other Payment Methods: Varies by region

Steps to Add Payment Method:

1. Go to "User Center" → "Payment"
2. Click "Add Payment Method"
3. Select payment method type
4. Enter payment account information
5. Complete verification (may require small amount verification)

Detailed Selling Process

Step 1: Enter P2P Trading Page

1. Log in to Binance account
2. Click "Buy Crypto" in top menu
3. Select "P2P Trading"
4. Or directly visit Binance P2P Page

Step 2: Select Sell

1. Switch to Sell Mode:

   • At top of P2P page, click "Sell" tab
   • Default may be "Buy" mode

2. Select Stablecoin to Sell:

   • Select stablecoin type (e.g., USDT) on left
   • Select fiat currency type (e.g., CNY, USD)

3. View Market Information:

   • Current market price
   • Recent transaction prices
   • Market depth

Step 3: Post Sale Ad

Method 1: Quick Sell (Recommended for Beginners)

1. Select Quick Sell:

   • Click "Quick Sell" button
   • Or select "One-Click Sell"

2. Enter Sale Amount:

   • Enter stablecoin amount to sell
   • Or enter fiat currency amount to receive
   • System will automatically calculate

3. Select Payment Method:

   • Select payment methods you accept
   • Can select multiple (e.g., accept both Alipay and WeChat)

4. Confirm and Post:

   • View sale price (based on market price)
   • Confirm all information
   • Click "Confirm" to post

Method 2: Post Custom Ad (Recommended for Experienced Users)

1. Click "Post Ad":

   • Click "Post Ad" button on P2P page

2. Set Ad Parameters:

   • Stablecoin Type: Select stablecoin to sell (e.g., USDT)
   • Fiat Currency Type: Select fiat currency to receive (e.g., CNY)
   • Price: Set sale price (can be higher or lower than market price)
   • Amount: Set sale amount range (minimum and maximum)
   • Payment Method: Select accepted payment methods
   • Trading Limits: Set single transaction limits

3. Set Trading Conditions:

   • Payment Deadline: Set buyer payment time (usually 15-30 minutes)
   • Auto-Release Time: Set auto-release time for stablecoins
   • Remarks: Add trading notes (optional)

4. Confirm and Post:

   • Check all settings
   • Confirm sufficient stablecoin balance
   • Click "Post Ad"

Step 4: Wait for Buyer Order

1. After Ad is Posted:

   • Your ad will appear in P2P market
   • Buyers can browse and place orders

2. Receive Order Notification:

   • When buyer places order, will receive notification
   • Can view in "Orders" page

3. View Order Details:

   • Buyer information (username, transaction count, completion rate)
   • Transaction amount
   • Payment method
   • Buyer remarks

Step 5: Confirm Order and Wait for Payment

1. Accept Order:

   • View buyer information, confirm credibility
   • Click "Accept" to confirm order

2. System Locks Stablecoins:

   • System will automatically lock your stablecoins
   • Stablecoins temporarily unavailable until transaction completes or is cancelled

3. Wait for Buyer Payment:

   • Buyer will make payment according to order information
   • Payment deadline usually 15-30 minutes
   • Can view countdown on order page

4. Communicate with Buyer (if needed):

   • Use chat function on order page
   • Confirm payment information
   • Answer buyer questions

Step 6: Confirm Payment Received

1. Check Payment Account:

   • Log in to your payment account (bank, Alipay, WeChat, etc.)
   • Confirm receipt of buyer's payment
   • Carefully verify amount and payer information

2. Confirm Receipt in Binance:

   • Return to Binance P2P order page
   • Find corresponding order
   • Click "Confirm Payment Received"

3. System Releases Stablecoins:

   • After confirmation, system will automatically release stablecoins to buyer
   • Transaction completed
   • You will receive fiat currency arrival notification

Step 7: Handle Special Situations

If Buyer Does Not Pay

1. Wait for Payment Deadline:

   • Wait for payment deadline to expire (usually 15-30 minutes)

2. Apply to Cancel Order:

   • If buyer does not pay, can apply to cancel order
   • Click "Appeal" or "Cancel"

3. System Auto-Cancels:

   • If payment deadline expires and buyer has not paid, order will auto-cancel
   • Locked stablecoins will be automatically released

If You Encounter Problems

1. Use Appeal Function:

   • If you encounter disputes, can use appeal function
   • Binance customer service will intervene to handle

2. Contact Customer Service:

   • Click "Contact Support" on order page
   • Describe problem
   • Provide relevant evidence

Security Tips

Trading Security

1. Select Credible Buyers:

   • View buyer transaction count (more is better)
   • View completion rate (recommend 95%+)
   • View registration time (earlier is better)
   • View buyer reviews

2. Carefully Verify Payment Information:

   • Confirm received amount is correct
   • Confirm payer information matches order
   • Be aware of fake payment screenshots

3. Don't Release Stablecoins Early:

   • Only release after confirming payment received
   • Don't trust buyer's urging
   • Use system auto-release function

4. Protect Account Security:

   • Enable two-factor authentication (2FA)
   • Use strong passwords
   • Don't share account information

Anti-Fraud Tips

1. Identify Common Scam Methods:

   • Fake payment screenshots
   • Urging to release stablecoins early
   • Requesting offline transactions
   • Requesting non-platform payment methods

2. Follow Platform Rules:

   • Always complete transactions within platform
   • Use payment methods provided by platform
   • Don't accept buyer's special requests

3. Keep Transaction Records:

   • Screenshot all transaction information
   • Save chat records
   • Use for appeals and dispute resolution

Fee Explanation

P2P Trading Fees

Binance P2P Fee Structure:

• Trading Fees: Usually free or very low (0% - 0.1%)
• Payment Method Fees: Depends on payment method used
  • Bank transfer: May have bank fees
  • Alipay/WeChat: Usually free
  • PayPal: May have fees

Fee Examples:

• Selling 10,000 USDT:
  • Binance P2P fees: Free
  • Payment method fees: Depends on payment method (usually free or very low)

Stablecoin Deposit Fees

Network Fees:

• BSC (BEP20): Very low fees (< $0.1)
• TRC20: Very low fees (< $0.1)
• ERC20: Higher fees ($5-50+)
• Other Networks: Fees vary by network

Recommendation: Use BSC or TRC20 networks to deposit stablecoins, can significantly reduce network fees.

Limit Explanation

Trading Limits

Binance P2P Trading Limits:

• Basic Verification: Usually $500 - $2,000/day
• Intermediate Verification: Usually $5,000 - $20,000/day
• Advanced Verification: Usually $50,000+/day

How to Increase Limits:

1. Complete higher level identity verification
2. Increase transaction count and positive reviews
3. Contact customer service to apply for limit increase

Single Transaction Limits

Single Transaction Limits:

• Depends on your ad settings
• Recommend setting reasonable limits (e.g., $100 - $5,000)
• Recommend batch processing for large transactions

Best Practices

Pricing Strategy

1. Reference Market Prices:

   • View current market prices
   • Set slightly higher than market price (e.g., 0.1% - 0.5%)
   • Can close faster

2. Flexibly Adjust Prices:

   • Adjust prices based on market conditions
   • If no orders for long time, can appropriately lower price

3. Consider Payment Methods:

   • Different payment methods can have different prices
   • Popular payment methods can have higher prices

Trading Efficiency

1. Quick Response:

   • Accept orders promptly
   • Quickly confirm receipt
   • Improve trading efficiency

2. Set Reasonable Deadlines:

   • Don't set payment deadline too long (recommend 15-30 minutes)
   • Set auto-release time reasonably

3. Multiple Payment Methods:

   • Accept multiple payment methods
   • Can attract more buyers

Frequently Asked Questions

Q: Is Binance P2P safe?

A: Binance P2P uses escrow system, relatively safe:

• Stablecoins held in escrow by platform until transaction completes
• Has comprehensive appeal and dispute resolution mechanisms
• But still need to pay attention to selecting credible buyers and carefully verifying payment information

Q: How long does selling stablecoins take?

A: Time depends on multiple factors:

• Post Ad: Appears immediately
• Wait for Buyer: Minutes to hours
• Buyer Payment: Usually 15-30 minutes
• Confirm Receipt: Completes immediately
• Total: Usually 30 minutes to hours

Q: Can I set custom prices?

A: Yes. When posting custom ads, can set any price, higher or lower than market price. But prices that are too high may be difficult to close.

Q: What if buyer does not pay?

A: If buyer does not pay within payment deadline:

1. Order will auto-cancel
2. Locked stablecoins will be automatically released
3. Can repost ad

Q: Can I post multiple ads simultaneously?

A: Yes. Can post multiple ads simultaneously, with different prices, amounts, and payment methods, to increase closing opportunities.

Q: Do P2P trades require tax payment?

A: Depends on tax regulations in your country/region:

• May need to pay capital gains tax
• Recommend consulting tax professionals
• Keep all transaction records for tax filing

Q: How to improve trading success rate?

A: Recommendations:

• Set reasonable prices (slightly higher than market price)
• Accept multiple payment methods
• Respond to orders quickly
• Maintain good transaction records and reviews
• Provide clear trading instructions

Related Resources

Binance Official Resources

• Binance Official Website
• Binance P2P Page
• Binance Help Center
• Binance P2P Tutorial
• Binance Security Center

Community and Support

• Binance Customer Service
• Binance Twitter
• Binance Telegram

Other Resources

• Buy Stablecoin Guide - Learn how to buy stablecoins
• Stablecoin Redemption Guide - Learn how to redeem stablecoins
• Coinbase Sell Guide - Learn to sell via Coinbase

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Ready to start P2P trading? Visit Binance P2P to start your trading journey!