Have been able to make about 3,000 bob a day using P2P, and I want to show you some of the secrets that I’ve used because I think there is some good money to be made. Let’s get those credits rolling. In order for you to be able to follow with these steps, the first link in the description below is to help you sign up on Binance. If you use that link, you will get five percent off of trading fees on spot trading.
Earning Money as a Seller or Merchant on Binance’s P2P Platform: A Simple Guide
One good way that people are making quite good money on the platform is by being sellers or merchants on the P2P platform on Binance. I’ll take you on to be able to see this. You can still do this on your phone. I think it is a bit easier to be able to understand it the way I’m doing it right now so you can be able to follow this through as well. Let’s jump right on to my computer.
Step-by-Step Guide: Accessing P2P Trading on Binance and Converting Fiat to Kenya Shilling (KES)
The first thing that we’ll do is go under Buy Crypto and then click on P2P Trading. So what that will bring is it will bring this screen, but the fiat here will most likely be CNY. All you just do is click on the place where it says CNY and put KES, which stands for Kenya Shilling, which I’ve already done. You can actually see the trades that are there on the platform.
How to Buy and Sell Ethereum on Binance for Daily Profits: My Personal Experience
What else you will see is how people are able to buy and sell their crypto here on the platform. For me, what I actually used to make my 3,000 a day, at that time, I was selling Ethereum.
Maximizing Profit: Buying and Selling Ethereum on Binance at the Best Prices
- And then these two are 220, the next one is 219, and it keeps on going down.
- If you have your Ethereum, you can actually come here under Sell Ethereum and sell to these people your Ethereum and get your Kenya Shilling.
- So what I’ll show you is how you can be one of these people who are buying this Ethereum.
- The best price that people are buying Ethereum at this point is 220,000 per Ethereum.
Finding the Best Deals on Ethereum: How to Buy Low and Sell High on Binance
But they will now again go on the platform and they will sell this Ethereum. In this particular case, you have someone who’s actually selling at 219,900 but there’s someone on the other side who’s buying at 220,000. In this case, you can actually buy from this person because this is a very new person in this case, and they have only four others but they’ve completed them. They don’t know that on the other side someone is selling at a higher price than they’re doing.
How to Make 500 Shillings per Ethereum Trade: Buying at 219,900 and Selling at 220,411
| Action | Buy Price | Sell Price | Profit per Ethereum | Notes |
|---|---|---|---|---|
| Buy | 219,900 | |||
| Sell | 220,411 | 500 Shillings | ||
| Details | Every trade can be done this way to make money. We’ll check for one, I think these two selling at 219,041 and 219,296 are most likely on the other side. |
Creating a P2P Ad on Binance: How to Set Competitive Prices and Maximize Your Profits
I will show you exactly how they are selling it. This guy was buying at 219 and he is selling at 224, which means that for every Ethereum that he sells he’ll make 5,000 Shillings. I want to show you how they are able to do this. You’ll just scroll up and where it says Video Tutorial Orders P2P User Center and then there are these three dots where it says Post New Ad.