How to Sell Crypto on Binance P2P: A Complete Guide for 2025

In the fast-evolving world of cryptocurrency, peer-to-peer (P2P) platforms have become increasingly important for users who want to buy or sell digital assets directly using local currency. Binance P2P is one such trusted platform that offers users across the globe a simple, secure, and commission-free way to trade crypto with other individuals.

This guide explains how to sell crypto on Binance P2P, offering a complete breakdown of the steps, requirements, precautions, and useful tips to ensure smooth and secure transactions. Whether you’re selling Bitcoin, USDT, Ethereum, or BNB, this guide covers it all.

What Is Binance P2P?

Binance P2P is a service offered by the Binance exchange that allows users to trade cryptocurrencies directly with one another. Unlike spot or futures trading on Binance, where you transact through an automated market order book, P2P trading lets you deal with real individuals.

When you sell crypto on Binance P2P, you are essentially entering into an agreement with a verified buyer who will pay you in your local currency using an agreed payment method such as bank transfer, UPI, or digital wallets.

Binance acts as a trusted intermediary by locking the seller’s crypto in an escrow wallet during the transaction. This ensures that the crypto is only released once the seller confirms the receipt of payment.

Benefits of Selling Crypto Through Binance P2P

Selling crypto on Binance P2P has many unique advantages, especially for users in countries with limited access to centralized banking infrastructure or fiat-to-crypto gateways:

1. Zero Fees: Binance P2P does not charge any trading commission for takers (those who use existing ads).
2. Multiple Payment Options: Users can choose from hundreds of local payment methods.
3. Local Currency Support: Sell crypto in over 100 fiat currencies worldwide.
4. Secure Escrow System: Crypto is held safely until you confirm payment.
5. Flexible Trading: You can choose your preferred buyer or even post your own sell ads.

Prerequisites: What You Need Before Selling

Before you can sell crypto on Binance P2P, make sure you’ve completed the following essential steps:

1. Verify Your Binance Account

KYC (Know Your Customer) verification is mandatory to access Binance P2P services. Verification includes:

• Government-issued ID
• Facial recognition
• Proof of residency (in some regions)

2. Add a Payment Method

You must link at least one fiat payment method. Binance allows users to set up:

• Bank account details
• UPI (for Indian users)
• Mobile wallets (e.g., Paytm, GCash, etc.)

Make sure the payment method matches your legal name on Binance.

3. Transfer Crypto to the Funding Wallet

P2P trades happen using the Funding Wallet, not the Spot or Margin Wallet.

To transfer crypto:

• Go to “Wallet” → “Funding”
• Click “Transfer”
• Select the crypto (e.g., BTC, USDT) and move it from “Spot” to “Funding”

Step-by-Step Guide: How to Sell Crypto on Binance P2P

Selling crypto on Binance P2P is simple once your account is set up and funded. Here’s a step-by-step breakdown:

Step 1: Open Binance P2P

• Launch the Binance mobile app or open the website.
• Navigate to “P2P” via the “Trade” tab or homepage banner.

Step 2: Select the ‘Sell’ Tab

By default, the page shows USDT in the “Buy” tab. Switch to “Sell” to start the selling process.

• Choose the cryptocurrency you want to sell: USDT, BTC, ETH, BNB, BUSD, or DAI.
• Select your local fiat currency (e.g., INR, USD, EUR).

Step 3: Filter and Choose a Buyer

Use filters to:

• Set a preferred payment method (e.g., UPI, bank transfer)
• Choose a minimum and maximum trade limit
• Sort by the best exchange rate or reliability

Check the buyer’s stats:

• Completion rate (above 90% is ideal)
• Number of completed orders
• Positive feedback and account age

Once satisfied, click “Sell” beside the ad.

Step 4: Enter the Amount

Input how much crypto you want to sell, either in local currency or in crypto amount.

For example:

• Sell 5,000 INR worth of USDT
• Or sell 100 USDT

Select your payment method and confirm the order.

Step 5: Wait for Payment

Once the trade starts:

• Binance will lock your crypto in escrow.
• The buyer must complete the payment using the selected method.
• You will receive a notification once they initiate the payment.

Important:
Always check your bank or wallet and confirm the payment has arrived. Never release crypto based on screenshots or verbal confirmations.

Step 6: Release Crypto

After verifying that you have received payment:

• Tap “Release”
• Enter your 2FA code or verify with email/SMS
• The crypto will be released to the buyer’s wallet

That’s it — your crypto has been sold successfully.

Optional: How to Post a Sell Ad on Binance P2P

If you want better control over the exchange rate or prefer being a market maker, you can post your own sell advertisement.

Here’s how:

1. Go to P2P → My Ads
2. Click “Post Ad”
3. Choose:

   • Ad type: Sell

   • Crypto and fiat currency

   • Fixed or floating pricing

   • Trade limits (min/max)

   • Accepted payment methods

4. Set trading conditions like buyer KYC, order speed, and instructions
5. Click “Publish”

Your ad will be visible in the public listings, and buyers can initiate trades with you.

How to Withdraw Money After a P2P Sale

Many people ask how to withdraw money from Binance P2P, but here’s the key point:

In Binance P2P, the payment is sent directly to your personal account via UPI, bank transfer, or wallet. Binance does not hold or process the fiat.

Once you confirm the payment has reached your bank, there is no additional withdrawal required. It’s already in your hands.

Safety Tips for Binance P2P Sellers

To ensure a smooth and secure experience, follow these best practices:

1. Only Release After Payment

Never release crypto unless the money is confirmed in your account. Scammers may send fake screenshots.

2. Avoid Third-Party Payments

Accept payments only from accounts that match the buyer’s name. Third-party transfers could lead to complications or fraud.

3. Use Binance Chat Only

Communicate within the Binance app. This way, you have a verifiable chat record in case of a dispute.

4. Respond Quickly

Binance may restrict users who cancel or delay orders frequently.

5. Enable 2FA

Always secure your account with two-factor authentication for added safety.

Supported Cryptos for P2P Selling on Binance

As of 2025, Binance P2P allows you to sell the following cryptocurrencies directly:

• USDT (Tether)
• BTC (Bitcoin)
• BUSD
• ETH (Ethereum)
• BNB (Binance Coin)
• DAI (Decentralized Stablecoin)

Each of these can be traded in local currencies depending on market availability.

Conclusion: Binance P2P is a Powerful Tool for Crypto Sellers

Whether you’re selling Bitcoin to cash out profits, converting stablecoins to local currency, or trading altcoins with real users, Binance P2P offers a fast, secure, and fee-free method to do so. Understanding how to sell crypto on Binance P2P is crucial for modern crypto users who seek flexibility and full control over their assets.

With hundreds of payment methods, strong escrow protection, and a vibrant global user base, Binance P2P remains one of the best platforms for peer-to-peer crypto trading in 2025.

Frequently Asked Questions (FAQs)