What is Binance C2C? What are the risks? Is it safe? Binance C2C Coins Buying and Selling Coins Tutorial

Binance C2C Trading Guide: Safe and convenient way to deposit and exit cryptocurrency

This article will explain the Binance C2C (Customer to Customer) transaction model in detail, explain its security, characteristics and operation procedures, and provide graphic tutorials to help you easily master the Binance C2C deposit and withdrawal method.

What is Binance C2C?

Binance C2C is a user-to-user cryptocurrency trading service provided by the Binance platform, providing users with convenient cryptocurrency and fiat currency exchange channels. Launched in 2019, the service supports multiple cryptocurrencies and fiat currency transactions through a peer-to-peer trading model, and provides enhanced security and multiple features.

Compared with traditional over-the-counter trading, Binance C2C platform authenticates both parties to the transaction and provides a complete payment guarantee mechanism, effectively reducing the risk of fraud.

Binance C2C trading method

Binance C2C transactions are mainly divided into three pages: Express Zone, C2C and Cash Zone (Taiwan has stopped supporting cash zones).

页面	说明
快捷区	系统自动匹配商家，手续费0.1%
C2C	手动选择商家，免手续费
现金	使用现金交易（台湾地区已停止支持）

The buyers and sellers on the Binance C2C platform are both certified by Binance and the transactions are safe and reliable. Supports a variety of payment methods, such as bank cards, WeChat, Alipay, etc.

Binance C2C Features

• Flexible price: The price of the currency is usually more advantageous than depositing directly through the exchange.
• Low handling fee: Most transactions are exempt from handling fees, and only the express area charges a 0.1% handling fee.
• Trading volume is limited: Merchants have limited transaction volume and may not be able to make large deposits and withdrawals.
• Extra Trading Regulations: Compared with exchange trading, Binance C2C has more trading steps, and merchants may have additional regulations, such as KYC verification.

Binance C2C handling fee

In addition to the 0.1% handling fee charged for transactions in the express area, other transactions on the Binance C2C platform are exempt from handling fees.

	快捷区	C2C	现金区
商家	0.15%	免费	免费
用户	0.15%	免费	免费

Binance C2C risks and security measures

Although Binance C2C platform has taken a number of security measures, users still need to pay attention to the following potential risks:

• Scam: Although the platform has authenticated, it is necessary to choose a counterparty with caution.
• Unknown source of funds: Choose a merchant with good reputation and avoid trading with merchants with unknown sources of funds.

Binance C2C platform provides the following security guarantees:

• Secure payment: The buyer's payment will be escrowed and the payment will not be paid to the seller after receiving the cryptocurrency.
• KYC Verification: Both buyers and sellers must conduct KYC verification to ensure the safety of the transaction.
• Complete complaint channels: If you encounter transaction disputes, you can seek help through Binance customer service.

Binance C2C deposit and withdrawal tutorial

1. Login to the Binance App and click on the "More" option.

2. Click "C2C Buy Coins".

3. Read and agree to the T1 rule prompts (the purchased cryptocurrency needs to wait one day before it is withdrawn).

4. It is recommended that novices use the shortcut area to trade and select "Quick Area".

5. Select currency and amount, click "0 handling fee to purchase", and select the payment method to purchase.

6. Sell cryptocurrency, click "I want to sell", select the currency and quantity, and click "Sell".

7. For more operation tutorials, please visit the C2C Help Center.

Tip:

• Be sure to check the funds after receiving the payment and beware of SMS fraud.
• Avoid using sensitive information in transfer notes.
• Prepare more bank cards to rotate to reduce risks.
• Try to choose merchants with good transaction records and high completion rates.
• Avoid frequent small transactions.

Conclusion

Binance C2C provides a safe and convenient way to deposit and withdraw money in cryptocurrency, especially suitable for users without fiat currency trading accounts. By understanding its characteristics, risks and security measures, you can better utilize the Binance C2C platform for cryptocurrency transactions.

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