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Buying bitcoin in binance through P2P OR through USDT. Which as more profit?

  • Thread starter Thread starter Dowenship
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If I am to get any cryptocurrency on the P2P I'll go for usdt because if I am buying $100 worth of usdt I may not actually need $100 worth of bitcoins I will need other cryptocurrency so I buy usdt at once so that I can easily used it to buy other coins about from bitcoins
 
I have never been involved with P2P trading or buying/selling. I do not trust this kind of transaction because it is very likely that you are cheated. Even if you are not cheated, you might pay higher price.
 
although I do not understand how the P2P work but I just believe that buying the usdt will be much more preferable than buying bitcoins because with usdt you can easily convert and used it to buy any other cryptocurrency of your choice.
 
So far, I have not really carried out any transaction using p2p but it is an advantage to me sharing in this information, which will be very useful later. But if I want to use, it will be p2p, since I can't buy crypto with card due to restrictions in my country.
 
You can buy any of them,because there is no differences as you can convert bitcoins to USD t or any other cryptocurrency of your choice on binance, you really need to be careful so you're not fail a victim of scam that is going on over there.
 
You can buy any of them,because there is no differences as you can convert bitcoins to USD t or any other cryptocurrency of your choice on binance, you really need to be careful so you're not fail a victim of scam that is going on over there.
Once one follows the instructions as can be seen in the Binance peer to peer tutorial , he won't fall victim of any scam. I wonder why people fall to scam when they could easily avoid it
 
I'm planning on buying bitcoin up to $20 for keep, but i'm stuck in which method to use either buying with p2p method or buying the stable coin before converting it to bitcoin, i don't know if the converting rate from usdt to bitcoin is high on binance meanwhile someone told me p2p rate of buying coin is high. I'm confused of which is better.
I will advice you to buy your bitcoin through p2p because its always very fast , reliable and efficient , though the USDT is also good but peer to peer is faster and secured in every aspect.
 
I will advice you to buy your bitcoin through p2p because its always very fast , reliable and efficient , though the USDT is also good but peer to peer is faster and secured in every aspect.
Although, there's no payment through card or banks but are you sure p2p is more faster than online payment like through banks.?
 
Once one follows the instructions as can be seen in the Binance peer to peer tutorial , he won't fall victim of any scam. I wonder why people fall to scam when they could easily avoid it
I mean the scamming am talking about is of different way and sometimes it could be a trick that you did not even have any understanding about, you could be scam through fake alerts, how will you be able to detect this ?
 
I mean the scamming am talking about is of different way and sometimes it could be a trick that you did not even have any understanding about, you could be scam through fake alerts, how will you be able to detect this ?
If you mean fake credit alert then , it is easy to be detected . Just have a mobile banking app and use it to confirm the credit alert. Once you are careful you won't be scammed easily .
 
If you mean fake credit alert then , it is easy to be detected . Just have a mobile banking app and use it to confirm the credit alert. Once you are careful you won't be scammed easily .
I understand that the fake alert work like normal credit balance but sometimes there is no money that will be paid into your account, if you try buying 100 naira credit with that money you will not be able to do because it is fake.
 
If you can fund your binance app through your debit card, I will prefer that you buy through usdt than P2P. When you convert your USDT to bitcoin, you will get the real value of your money than from P2P.
 
You only simply look at the rats the coins are sold on the P2P exchange and compare which is cheaper to buy and then buy it directly and keep if it's Btc you found cheaper to buy or convert the USDT if it's the one you found cheaper to buy and still gives you value after the conversion
 
I've only seen the option to buy USDT only on Binance peer to peer.
After that you can convert that usdt to BTC, then to your altcoins of choice.
 
I understand that the fake alert work like normal credit balance but sometimes there is no money that will be paid into your account, if you try buying 100 naira credit with that money you will not be able to do because it is fake.
Ofcourse there will be no way to withdraw such money because the money was never transferred to the said account . This is why people have to be careful when they are making online business transaction
 
Ofcourse there will be no way to withdraw such money because the money was never transferred to the said account . This is why people have to be careful when they are making online business transaction
Thank God you have seen it, that is one of the reason I always try as much as possible to avoid any online transaction because of high risks of scamming especially when it has to do with large sum of money.
 
Not only is the peer to peer option easy to use its also the only option available now in my country since the ban in crypto and it's been widely incorporated already and doing well
 
If you want to acquire bitcoin in binance I do not advice that you buy from the guys in p2p. Instead you should first buy usdt then you should convert it to bitcoin.
 
Their is no how i can buy BTC or any Cryptocurrency without using the P2P method to buy it. Since the ban is still on its effect here in my country.
 
Which country are you from? That will determine if you can easily use your bank card to purchase your desired btc because it is usually cheaper buying with bank cards assuming the banks exchange rate is lower
 
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