❗️Questions about Binance P2P

❗️Questions about Binance P2P
👉🏻Let's get to know what Binance P2P is.
Binance P2P is an open, peer-to-peer marketplace used for fiat-to-crypto trading. Once a deal is complete, the asset is released directly to the other party. The platform also serves to facilitate trading and secure the announcement of offers of buyers and sellers. and also provide Escrow service This is a system of guaranteeing the transfer of ownership that will act as an intermediary overseeing transactions between buyers and sellers. As for the fee, it will be charged in the form of Taker (Orders traded at Market Price) without fee, but Maker (Orders traded at Limited Price) will be charged 0 - 0.35%, the price depends on the trading pair.
👉🏻Will Binance P2P be safe?
At the time of trading, the seller can set the price and payment method in accordance with the transaction pair. And the transfer of rights will be successful until the seller has confirmed the receipt. On the part of the recipient, if the purchase is not received within 15 minutes after pressing the transfer button can press complaints Service support is available 24 hours a day.
👉🏻So is there any method or technique to buy coins so that they don't get cheated?
Before trading, the buyer should check the seller first. There are recommendations for checking the seller as follows.
1) price
Of course, the price of trading on this platform may be higher than buying on a regular exchange. Buyers can try to compare the prices on Bitkub with the current price to see if the price is too high or not.
2) Verified Merchant
people with this sign (✓) helps the buyer to distinguish that this person is a verified user. May be an experienced trader Make sure this person doesn't cheat.
3) total order
Check to see if the total number of orders is large or not. If there is, then this person is actually trading.
4) success rate
Try to check whether the success rate of trading is high or not. This will help reassure shoppers that they won't get scammed.
5) Available
Check to see if there are enough coins to sell or not. in order to see that the seller is not cheating
6) Limits
See the minimum purchase price. Because each person will set a different minimum trading price. can choose according to what the buyer will accept with any price
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