How to Make Money Through P2P Trading on Binance

Mika

VIP Contributor
Binance is not just a simple crypto exchange platform; it is a platform where users can earn in different ways. One of the easiest ways to make money on Binance is through P2P trading.

What is P2P Trading on Binance?

P2P is an abbreviation of Peer to Peer. P2P trading means you trade with other Binance users.

If you go to P2P tab under the trading tab, you will see two options: Buy and Sell

When you choose Buy option you are buying from other users. When you choose Sell option, you are selling your assets to other users.

I just went to my Binance dashboard. A certain user is willing to buy USDT for 0.97 USD and a certain user is selling USDT for 1.09 USD. There are 11 cents difference in the buying and selling price, you can take the benefit of this difference. For example, you can Buy USDT for $0.97 and sell for $1.09. If you invest $100, you can make $11 profits just in less than one hour.
 
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