Etini
Valued Contributor
In the wake of Binance suspending the Nigerian Naira from it's Peer to Peer trading platform. So many people who rely on crypto trading as an active or passive way of earning income seem stranded. There are other ways to trade crypto on Binance though without using peer to peer. I would talk about 2 of the most popular ways to do so.
1) Spot Trading: With spot trading, Binance users place their orders on the Binance platform and the system would automatically match them with other users who want to buy or sell the same crypto the former party wants to sell.
2) The convert option: This option allows you to directly trade one crypto for another right within your Binance wallet. Market forces are used to fix the exchange rate.
With this two approaches, you can still trade crypto without using peer to peer.
1) Spot Trading: With spot trading, Binance users place their orders on the Binance platform and the system would automatically match them with other users who want to buy or sell the same crypto the former party wants to sell.
2) The convert option: This option allows you to directly trade one crypto for another right within your Binance wallet. Market forces are used to fix the exchange rate.
With this two approaches, you can still trade crypto without using peer to peer.
