How To Deposit Money in Binance P2P (For Beginners)
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Feb 4, 2024
How To Deposit Money in Binance P2P (For Beginners)
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0:00
Welcome everybody into this new Binance tutorial. If you're willing to buy some
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cryptos using the pair to pair section this might be the video for you. Let's
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try to have our Binance account already opened so we can proceed and in this
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case I already have my account already opened as you can see here is I'm a
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regular user and I'm verified. Usually you want to verify your account in order
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to continue. If you don't have that already you can always click into your
0:25
account. Once you click enter you want to go into the security or your dashboard
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section and for example I want to go into my identification to see how is
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the status of my account if it's verified if it's unverified yet. So as
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you can see I'm on into the verified section I just need to provide the personal information the government ID and official recognition in order to
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complete that. So I want to verify my account because I want to have enabled
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all of these features inside my account. If I don't have this I only will be
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limited to this which in our case it won't be really well because we have
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limited transaction limit of pair to pair. So I strongly suggest you guys to
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verify your account real quick so you can have this feature of your pair to
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pair transaction limit. So once you have your account already verified you want
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to go into the buy crypto and what you want to go is to pay with. I want to
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select this currency and I want to choose the currency that my bank is
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operating with. Whether you can use the USD dollar, use some rupees in here. In my
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case I will stick into MXM because that's the coin that works into my
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country. So after that I want to go into the pair to pair training so we can make
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transfer and a lot of other options. So once I filled in there just remember
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guys to use exactly the same country that you're living in so you can see
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they are all different method payments so you can be more accessible here into
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the pair to pair section. So this is a scam notice I want to read and agree
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this. I want to confirm it. Now I'm going to exit this one. I want to go into okay
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Now as you can see here we have the Express section, the pair to pair and the
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block section. Let's go into the pair to pair and let's select this option that
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says buy. So this one should appear into the green. So as you can see it's right
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in here. Now you want to choose the token that you want to purchase. In my
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case I want to let's say USDT. If you want to buy another token you can do
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that but you don't have to worry about that about which token you want to buy
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because you can convert those later here into the trade section. You can go into
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the spot and you can just trade that into another wallet and you can just
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trade that into another token that it's available into Binance. So for example
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I'm going to go into USDT and let's say I want to pay with my MXN. So I'm going to
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go and scroll up. So here's my fiat payment. So it's going to be appearing
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here the different payment options that I have available for exclusively for my
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country guys. So it says here all the payments here. So I can use a bank
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transfer, a CDBankMX, I can do a OXO here. Let's say for example that the most
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easiest way is to make a deposit here into OXO. So let's try to use this one
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And it's going to be showing me all the advertisers that are accepting here the
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OXO payment here. So now what I want to do is to select the amount that I want
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to purchase. For example I want to purchase let's say 300 of MXN. I want to
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go into the search section. So it's going to be showing me the minimum price
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from the lowest to the highest that are selling in here. So I want to scroll a
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little bit down and as you can see I only have three different advertisers
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available here for only for my country, only for this token, only for this
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currency and only for this exact payment. So if I want to use another payment for
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example I want to use 711 you're gonna see that there's only one option
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available. Now before you select into one advertiser make sure guys that that this
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advertiser has this very file mentioned with a high trading volume so it can be
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much more secure that your money is going to be secure and protected by
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Binance. So let's say I want to select this one I'm gonna go into buy USDT or
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you can select here the account so you can see the price of the token that this
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one is going to be selling this, the availability of this one, this is the
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time limit gonna be asking you for the payment, the seller's payment information
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in if you're okay with that then you accept the terms and conditions in here
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and where it says I will pay you want to put the amount that you want to pay
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remember we select the 300 and you will receive 13 USDT. So after that you want
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into the buy USDT section and it's going to be sending you into the place and
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order here so now you have just a couple a minimum time in order for making the
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transaction in my case I only have an hour for making this transaction so I
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have to scroll a little bit down now it says you need to leave the Binance
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website and pay with the selected payment information. So what I have to do
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is to make an auxel for example or 7-11 here I want to go into this place and I
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want to say that I want to pay to this reference number into this remarks so
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it's gonna be appearing that into that person's account and after that you just
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go and select the option that says transferred notify seller so once this
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one is already filled you want to go here into the chat section and you
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want to notify the person who's going to be sending you the tokens that you
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have already make the payment and just go into this option right here so you
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can import here your deposit file here and now you're good to go the person is
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going to be am now this person is going to be sending me the confirmation
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request in my case I'm going to cancel this order because I don't want to trade
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in this moment and now the last thing that I want to do is to go back into my
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orders as you can see this one says processing and if this one says and
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after waiting just a couple of minutes here or even use an hour depending on
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what kind of transfer you just made you're gonna be receiving your token
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let's go into the wallet section and I'm going to go into the fear and spot once
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I am in here is going to be appearing all the assets of my account and what I
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want to do is to look for the token that I just received remember that you
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need to have the confirmation already sent from the sender so you can be
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confirming that I want to go into search coin for example let's say that you've
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received some atom so I'm going to go into 80 om and as you can see here is
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the asset and your total amount is already into your account and lastly
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guys just let me tell you a quick like if you were trying to buy in a specific
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token but there was not so much options that you could buy into finance what you
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can do is to buy in a specific token that it's just available and later you
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can make a conversion so you can go into your wallet if you spot after you
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purchase the token I let's say you buy some VMV but you indeed want to buy I
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don't know maybe by Nance USD so for example I want to search for my coin
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here so after I looked for my coin I want to go into the convert section and
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what's going to happen is a cat I can trade inside by Nance from this token
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into this other token or almost every token is available inside violence so
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actually it doesn't matter what kind of token you buy as long as you think it's
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a great deal for you once again guys you try to be really cautious with the kind
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of persons you want to make a transaction be sure that this one has the brief be really sure that this one has the verification badge so this will
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be a little much more confident in order for making the transaction just in case
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you have any question guys you can let me know down in the comment section thank you for watching this video and don't forget to Like and subscribe to
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this channel if you want to see more about finance and I'll see you guys next time
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