Can I Change Payment Method On Amazon After Purchase

General

1. What is P2P trading？

P2P (Peer-to-Peer) trading is besides known as P2P (client-to-customer) trading in some regions. In P2P trade, the user directly deals with his/her counterparty, exchanging the fiat nugget offline and confirming the transaction online. Once the offline fiat asset commutation is confirmed by both parties, the digital nugget is released to the buyer.
A P2P platform serves every bit the facilitator of the merchandise past providing a platform for buyers and sellers to broadcast their offers. At the same time, the escrow services of online digital assets ensure the safe and timely commitment of digital avails during trade execution.

2. Are the offers I encounter on P2P commutation provided by Binance?

The offers you lot see on the P2P offering listing page are not offered by Binance. Binance serves as a platform to facilitate the trade, but the offers are provided by users on an individual basis.

3. As a P2P trader, how am I protected?

All online trades are protected past escrow. When an advertising is posted, the amount of crypto for the advert is automatically reserved from the seller'southward P2P Wallet. This ways that if the seller runs abroad with your money and does not release your crypto, our customer back up tin can release the crypto to you from the reserved funds.

If you're selling, never release the fund before you ostend that y'all have received money from the buyer. Beware that some of the payment methods buyers use are non instant, and may confront the risk of chargeback.

4. Tin can I merchandise without KYC? What do I need to do earlier trading on P2P?

4.i. All Binance users are required to complete Identity Verification to access Binance products and service offerings, including P2P products. You can access the Identity Verification from [User Center] - [Identification] or directly from here.

Before trading on P2P, you must enable SMS verification and at least one type of 2FA verification (Email, Binance/Google Authenticator, or Security Central) in the Business relationship Heart.

4.ii. Add your preferred methods for receiving/sending payments on the Binance App. Tap [Trade] - [P2P].

Tap [Contour] - [Payment Method].

Tap [Add a new payment method] - [All Payment Methods] to select your desired methods.

4.3. Why do I have to add a preferred payment method?

P2P transactions are trades that are carried out straight between two users. This ways that fiat currency can but be transferred between the two users if the buyer's and seller's payment methods lucifer. For example, User A has a debit carte du jour from ING Bank and is going to utilize euros deposited onto the platform to buy crypto. At this time, User B must as well have an ING Bank debit card to be able to receive euros transferred from the other user in gild to complete the transaction.

4.4. Why do I need to enable 2FA?

In addition to security concerns during login, all users who merchandise on P2P need to receive payments, release coins, and perform other operations during the buying and selling process. These operations require users to enter a 2-factor authentication code in order to verify that the users themselves are carrying out the transaction.

4.5. Why do I need to complete Identity Verification?

P2P transactions are trades that are carried out directly between two users. After the buyer's and seller'due south orders are matched, both parties must verify their identities through real-proper noun "KYC", i.e. it must exist confirmed that the person sending fiat currency to your business relationship is in fact the same person you matched with on the platform.

5. Is P2P available on the Binance website and App?

You can buy and sell USDT, BTC, ETH, BNB, BUSD, and DAI through Binance P2P on Binance.com and Binance App. P2P trading function is bachelor on version 1.17.0 (Android) / 2.vi.0 (iOS) or college.

vi. What are the transaction fees on Binance P2P?

Binance P2P charges transaction fees from makers for every completed order. Here's an overview of the fees rates:

Taker	0
Maker	0% - 0.35%, depending on fiat trading pairs. Click here for more details

*Please note that some payment method service providers may charge extra transaction fees.

vii. What is the 30-24-hour interval completion rate?

30-mean solar day society completion rate = 1 - total number of canceled purchase orders in the last 30 days / total number of completed orders in the last xxx days;

If you are the buyer and you canceled a P2P guild, this will bear on your completion rate, whereas the seller's completion rate will non be affected.

If you are the seller and the buyer fails to accept the order or does non complete the payment, then merely the buyer'south completion ratio volition exist affected.

Posting ads

one. What is the minimum number of bitcoins per ad I tin trade?

Yous can sell from a minimum of 0.01 BTC to a maximum of v BTC (200 BTC for merchants).

For other cryptos:

Crypto	For users		For non-"Block Trade" merchants
Crypto	Minimum	Maximum	Minimum	Maximum
USDT	100	50,000	100	2,000,000
BUSD	100	50,000	100	2,000,000
BNB	0.01	2,500	0.01	50,000
ETH	0.001	250	0.001	5,000
DAI	100	l,000	100	2,000,000
BIDR	150,000	150,000,000	150,000	500,000,000
RUB	500	1,500,000	500	five,000,000
UAH	100	50,000	100	35,000,000
NGN	one,000	ane,000,000	yard	50,000,000
DOGE	50	ii,000,000	50	ten,000,000

2. Can I make transactions with users from other countries?

Yep, the set up of fiat currencies you lot can merchandise is adamant by your Identity Verification region. For example, if you and the counterparty are both located in Southeast Asia, and so it is highly likely that VND and MYR are available to both of you. Binance P2P is also constantly adding more fiat currency choices for users from different regions.

Delight annotation that sure currencies are not bachelor for Nigeria, Pakistan, and Russia users.

Currencies unavailable for Nigeria users:

AMD,ARS,AUD,BDT,BHD,BOB,BRL,CLP,CNY,COP,CRC,DOP,DZD,EGP,GEL,HKD,IDR,JPY,KRW,KWD,LAK,LKR,MAD,MMK,MXN,NZD,OMR,PAB,PKR,PYG,QAR,RON,SDG,SEK,SGD,UYU,UZS,VES,VND

Currencies unavailable for Pakistan users:

AMD,ARS,AUD,BHD,BOB,BRL,CNY,COP,CRC,CZK,DOP,GEL,HKD,JPY,LAK,LKR,MMK,MXN,NZD,PAB,PEN,PLN,PYG,RON,SDG,SEK,SGD,TWD,UAH,UGX,UYU,UZS,VES,ZAR

Currencies unavailable for Russian users:

AUD,BDT,BHD,BOB,CNY,CRC,DOP,DZD,GHS,HKD,JPY,KWD,LAK,LKR,MAD,MMK,MYR,NGN,NZD,OMR,PAB,PKR,PYG,QAR,SAR,SDG,SEK,SGD,TWD,UGX,UYU,VES,ZAR

iii. Are there any restrictions on setting the ad toll?

For floating price ads:

ARS, CLP, BRL (fourscore%, 300%)
VES (50%, 300%)
NGN, KES, GHS, ZAR, USD (80%, 200%)
KRW (80%, 150%)
Others fiat currencies (80%, 120%)

For fixed price ads:

ARS, CLP, BRL (-xx%, 200%)
VES (-fifty%, 200%)
NGN, KES, GHS, ZAR, USD (-twenty%, 100%)
KRW (-20%, 50%)
Others fiat currencies (-xx%, 20%)

4. Tin can I temporarily make my advertisement unavailable?

Yes. You can go to the [Ads] tab to take them offline, or even shut the ads by clicking [...] - [Shut].

5. Will I exist notified of a new gild?

You volition receive SMS, email, and App button notifications if you've enabled them. To fix, go to [Profile] - [P2P Notifications] to choose the notifications you wish to enable.

6. How can I written report fraud?

If you are on the Binance website, click the Binance Support icon on the bottom right and click [Trading] - [Report P2P Scams].

If you are using the App, become to [P2P Assist Center] and tap the Binance Support icon on the elevation right. Then tap [Trading] - [Written report P2P Scams].

Payment

1. How do I pay the seller?

You lot have to follow the instructions provided on the guild item folio and make a transfer to the seller'southward business relationship with the indicated payment method. After that, delight click [Transferred, notify seller]. Please annotation that your fiat balance will non be deducted automatically by clicking [Transferred, notify seller], you accept to make the transfer yourself.

2. How many payment methods can I link to my account?

You lot can activate upwards to 20 payment methods. Delight note that you accept to enable the payment methods earlier posting ads or taking orders. If you are posting ads, you tin can just bear witness 5 different payment methods on a unmarried ad.

3. Can I use someone else'southward business relationship as a payment method?

No. For security reasons, we only allow accounts with the exact aforementioned name as your Identity Verification. If there is a fault in the verified name, you will have to contact customer support to right information technology before you tin can add the payment methods correctly.

If you use other'southward bank/payment business relationship to pay the sellers, your P2P activities may face up a xv-day sanction menses. You might be permanently banned from P2P trading if yous receive 3 warnings from the CS Team.

4. What is a "payment window"?

The payment window is usually pre-gear up by the maker. When posting ads, makers can choose how long they would like to receive/make payment, ranging from 15 minutes - 6 hours (depending on the fiat currency).

Account-related

ane. How do I set up/alter my nickname?

You cannot change the nickname one time information technology has been set.

2. What does the yellow badge next to the user's nickname mean?

The yellowish badge differentiates Verified Merchants from regular users.

3. What does the "Verified Merchant" status mean? What is the departure between a merchant and a regular user?

Verified Merchants are experienced, frequent traders who enjoy college levels of trading limits, lower fees, and more advanced trading tools.

four. What does the diamond badge adjacent to the user'due south nickname mean?

The diamond bluecoat is assigned only to merchants who make block trades, the ads of those merchants are prioritized in the Block Trade Zone.

v. What does the carmine "Pro" bluecoat next to the yellow tick hateful?

The red Pro badge is assigned only to "Pro merchants" who have local crypto exchanges licenses, their own payment gateways or equivalent advanced qualifications. Every Pro merchant is strictly approved by Binance P2P team. Nosotros highly encourage users to trade with Pro merchants for better trading experience.

vi. What are the requirements for becoming a merchant?

The basic requirements for condign a merchant program are solid trading history and big trading volume. Applications are reviewed by the P2P team co-ordinate to internal algorithms and regional requirements.

Source: https://www.binance.com/en/support/faq/360038038972

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