How do P2P merchants make money

How to Join Binance P2P Merchant Program: A Step-by-Step Guide

How to Join Binance p2p - TSB

 

As the popularity of cryptocurrencies surges across the globe, many traders seek reliable and profitable platforms to engage in peer-to-peer (P2P) trading. Binance, a leading cryptocurrency exchange, offers a lucrative opportunity for traders to become P2P merchants. In this blog post, we will explore how to join the Binance P2P merchant program from any West African country, including Nigeria, Kenya, and South Africa. Additionally, we’ll share a secret strategy to quickly achieve the 3 BTC trading volume required for the coveted Yellow Verification Badge.

Part 1: How to Join Binance P2P Merchant Program

1. Meet Binance Verification Requirements:

Ensure that your Binance account is fully verified with a verified phone number, email, KYC, and home address. These verification steps are crucial before proceeding to become a merchant.

2. Obtain the Yellow Verification Badge:

To receive the Yellow Verification Badge, you need a security deposit of 1,000 USD and a trading volume of at least 3 BTC within the last 30 days. This badge provides numerous benefits for merchants, including increased visibility and trust among users.

Part 2: How to Achieve the 3 BTC Trading Volume

1. Switch to Merchant Panel:

Log in to your verified Binance account and navigate to the P2P page. Click on the three dots at the top right corner and select “Advertisement Mode” to switch to the Merchant Panel.

 

2. Set Advertisement Offers:

In the Merchant Panel, go to the ADS tab and click on the plus (+) sign at the top right corner to set your advertisement offers. While we won’t focus on profitability here, choose USDT for faster trading.

3. Increase Trading Volume Strategically:

The goal here is to increase your trading volume, so place orders wherever possible, buying or selling, to accumulate more trade volume. ( Make sure you turn off Filter to enable you see other orders ) You’ll probably lose some funds but believe me, it’s worth it. This has worked for a lot of people I asked to use the strategy.

Part 3: Applying for the Binance Merchant Verification

1. Complete Basic Requirements:
To apply for the Binance Merchant Verification, make sure you have completed advanced identity verification, SMS and email authentication, and have sufficient funds available in your funding wallet ($1k for security deposit fee).

2. Navigate to the Application Page:

Head to this Page and click on “APPLY NOW.” Follow the provided directions to complete the application process. Please have it in mind that binance p2p merchant program has different levels and each level has it’s own requirements and security deposit amount and also benefits. But the most basic one is just great if you are just getting started or if you are a whale

ALSO SEE: How to grow your Afro-Beat Musical career.

3. Maintain Trading Activity:

Once you have applied, keep trading and meeting the trading volume requirements until your application gets approved. Binance typically takes 7 to 21 days to approve merchant applications.

Joining the Binance P2P merchant program opens up lucrative opportunities for cryptocurrency traders. By following the steps outlined in this blog post, you can become a successful P2P merchant on Binance and enjoy the benefits of the Yellow Verification Badge. Additionally, with the secret strategy provided, you can quickly achieve the 3 BTC trading volume requirement and enhance your chances of securing the coveted merchant status. So if you are asking How does Binance merchant works?

Stay tuned for our next blog post on how to run a successful P2P merchant business on Binance and maximize your profitability. And dont forget to comment below if you have any questions, I will go through them and answer Further Assist you. Happy trading!

(Note: The provided details are accurate at the time of writing and are subject to change based on Binance’s policies and requirements.)

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