How to Start this Binance Beginner’s Guide P2P Quiz ?

  1. Login into Binance App account >> ENTER HERE
  2. Go to wallet >>
  3. Click Funding >> P2P Now Click on three dot
  4. >> Replay Guide and Start the quiz

Binance Beginner’s Guide P2P Quiz All Answers

Question 1 – What is P2P trading?

Answer is – Peer-to-peer trading, where you buy and sell directly with another person without going through a middleman.

Question 2 – What should I do if the counterparty asks me to provide my social or phone number?

Answer is – Do not send & insist on communicating through Binance P2P chat only.

Question 3 – What are the benefits of using Binance P2P?

Answer is – All are correct.

Question 4 – Who can use Binance P2P?

Answer is – Only verified Binance users.

Question 5 – What is a fake SMS scam?

Answer is – Any of the above

Question 6 – What should I do when the buyer sends me proof of payment via P2P chat, claiming that they have paid?

Answer is – Check my bank or e-wallet balance to see if the fiat has arrived, make sure the buyer’s verified name matches the sender’s name, then release crypto.

Question 7 – Will Binance P2P send me messages in the chat box asking to release funds while a transaction is pending?

Answer is – Binance P2P will only send Risk Alerts in the Chat Box.

Question 8- Which wallet is used for Binance P2P Trading?

Answer – Funding wallet

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