HOW TO WITHDRAW MONEY FROM BINANCE VIA P2P: DETAILED INSTRUCTIONS
On the P2P Binance platform, users trade with users. The site can be used to buy cryptocurrency or to withdraw money to a card. Let's talk in more detail about how to use P2P to withdraw money to a bank card.
We transfer funds to a P2P wallet
To
withdraw money from Binance to a card via
P2P, you need to transfer funds from a spot wallet to a P2P wallet. To do this, go to the P2P wallet, select the currency we need and click "Transfer". You can sell via P2P USDT, BTC, BUSD, BNB, ETH, DAI and RUB. Let's display rubles as an example.
In the window that opens, select where and from where we transfer funds, indicate the required amount and click on the "Confirm" button.
Done! The funds have been credited to the P2P wallet, you can proceed with the withdrawal.
We withdraw money to the card via P2P
To switch to
P2P, point the cursor to "Buy cryptocurrency" or "Trade" in the menu header and click on the
P2P tab. On the site, select "Sell", indicate the currency that we are going to sell, the withdrawal currency and select the payment system.
We select the ad that suits us. When choosing an ad, pay attention to the minimum / maximum order limit and how much is available for the seller to exchange.
We pay special attention to the buyer's rating - how many orders have been executed, how many percent of orders have been completed in the last month. We also check user verification, confirmation by SMS and e-mail. To do this, you need to click on the nickname in the offer feed.
We have selected the right buyer for us. Click on "Sell" in the offer feed. In the pop-up window, enter the sale amount. We pay attention to how much money we will receive. We also get acquainted with the terms of the transaction.
For a sale, you need to set up a payment method. The established payment method must match the buyer's payment method. We click on "Set the payment method" and enter the card details. For example, if you have Alfa-Bank, you need to look for a buyer who is ready to transfer funds to the card of this bank.
Note: Binance does not charge any fees for P2P transactions.
You will be redirected to the order page. We are waiting for the buyer to transfer funds to us. We check the receipt of funds to our account. Be sure to ask the buyer to confirm the transaction in the side chat. This will help avoid fraud.
We received confirmation of the transfer and saved screenshots. Click on the "Confirm Transfer" button. Done!
Trading on Binance P2P carries high risks:
- Never confirm a transfer until the funds have been credited to your account. Do not transfer funds, even after receiving confirmation checks, if the funds have not been credited to your account.
- If the "support service" contacts you with a request to confirm the transfer before the money is credited to your account, remember that these are scammers.
- When buying cryptocurrency on Binance, transfer funds only to the details specified in the order window. Never transfer money to other details.
- Always save the receipt / screenshot with the confirmation of the transfer. If necessary, the support service can request confirmation of the transfer.
If the buyer marked the order as paid, but the money has not been credited to your account, open the appeal in the order window. Binance Support will review your request. If you confirm that money has not arrived in your account, the order will be canceled and the assets will be returned to your account.
Conclusion
This method is relevant for the sale of cryptocurrency and fiat. Before trading on
P2P, learn the mechanics of the site. Observe safety rules. Start withdrawing funds with small amounts to get comfortable on the site.