how to sell usdt p2p binance

Selling USDT on Binance via P2P enables direct trading with other users, offering greater price flexibility and faster transactions compared to traditional exchanges.

Oct 24, 2024 at 09:34 pm

How to Sell USDT P2P on Binance

P2P (peer-to-peer) trading is an excellent way to sell your USDT directly to other Binance users without involving a third-party exchange. This can often lead to better prices and faster transactions. Here's a step-by-step guide to selling USDT P2P on Binance:

Step 1: Visit Binance's P2P Trading Platform

Navigate to Binance's P2P trading website or mobile app to access the P2P trading platform.

Step 2: Choose USDT as Sell Currency

Select "USDT" as the currency you want to sell on the left-hand side of the screen.

Step 3: Select Payment Method

Choose the payment method you prefer for receiving the funds, such as Bank Transfer, Cash Deposit, or PayPal. Filter available offers based on your preferred payment method.

Step 4: Choose an Offer

Review the available offers from different counterparties. Consider factors such as price, transaction limits, and seller ratings. Choose an offer that suits your needs.

Step 5: Enter Transaction Amount

Specify the amount of USDT you want to sell. Make sure it aligns with the transaction limits set by the counterparty.

Step 6: Initiate Trade

Once you've entered the amount, click on "Sell USDT" or "Trade." You'll be prompted to provide additional information, such as your payment details. Carefully review and confirm the trade details.

Step 7: Send USDT

Once the trade is confirmed, you'll receive the counterparty's payment details. Transfer the agreed amount of USDT to the specified address using your preferred payment method.

Step 8: Release USDT

After sending USDT, click on "Released USDT" to indicate that you've completed the transfer. The counterparty will verify the payment and release the funds to you.

Step 9: Complete Trade

Once the payment is confirmed, the trade will be complete, and you'll receive your funds minus any transaction fees.

By following these steps, you can successfully sell USDT P2P on Binance and exchange it for your preferred fiat currency or cryptocurrency.