does binance p2p work in usa

Yes, Binance P2P operates in the United States under the name "Binance US P2P" and enables direct and convenient cryptocurrency transactions between buyers and sellers.

Oct 24, 2024 at 10:46 pm

Does Binance P2P Work in the USA?

1. Understanding Binance P2P

Binance P2P is a peer-to-peer (P2P) marketplace that connects buyers and sellers of cryptocurrencies directly. It allows users to trade crypto assets with each other without having to use a centralized exchange.

2. Binance P2P in the USA

Yes, Binance P2P is available in the United States (US). It was launched in the US in September 2022 under the name "Binance US P2P."

3. Supported Cryptocurrencies

Binance P2P in the US supports a range of cryptocurrencies, including:

• Bitcoin (BTC)
• Ethereum (ETH)
• Binance Coin (BNB)
• Bitcoin Cash (BCH)
• Litecoin (LTC)
• Ripple (XRP)
• Dogecoin (DOGE)

4. Payment Methods

Binance P2P in the US offers various payment methods for buyers and sellers, such as:

• Bank transfers
• Debit/credit cards
• PayPal
• Apple Pay
• Google Pay

5. Trading Process

To use Binance P2P in the US, follow these steps:

1. Create a Binance US account.
2. Verify your identity.
3. Deposit funds into your Binance account.
4. Go to the "P2P Trading" section.
5. Select the cryptocurrency and payment method you want to use.
6. Choose an advertisement from a seller.
7. Input the amount of cryptocurrency you want to buy or sell.
8. Initiate the trade.
9. Complete the payment process with the other party.

Conclusion

Yes, Binance P2P is available in the United States and allows users to buy and sell cryptocurrencies directly with each other. It supports various crypto assets and payment methods, making it a convenient and accessible option for cryptocurrency trading in the US.