Home work task Steemit Crypto Academy | Season 2: Week1-- P2P Market-USDT//(Binance/Huobi) / For sir @sapwood

in SteemitCryptoAcademy3 years ago (edited)

بِسْمِ ٱللَّٰهِ ٱلرَّحْمَٰنِ ٱلرَّحِيمِ

ٱلسَّلَامُ عَلَيْكُمْ

image.png
source

HY STEEMIANS hope you having good and blessed days, here am going to give you lil knowledge about crypto and p2p trading I had converted Steems many times from this platform and I'll show you how you can easily be and our professor taught us in extremely easy ways to get this task understand, so letss start the homework!

>HOW TO SET UP YOUR EXCHANGE IN P2P (BINANCE)- MARKET MAKER (ADVERTISER):

Enter p2p trading from binance and click on "ADS" and there you will see all the ads you have posted.
image.png

STEP 1:

Then steps will be open one by one complete the steps and their status please read carefully which currency you selected and their access in your country I chooses PKR, set your type and price

image.png

STEP 2:

Set Trading Amount & Payment Method

image.png

STEP 3:

Set Remarks & Automatic Response

I ain't posted any add yet but In sha Allah in future so there is not sufficient money to proceed step 3 you can just read and status up your add and it will show you in ad manager

image.png
Click on ads
image.png
Then all ads and your status are shown here
image.png

HOW YOU CAN BUY/SELL USDT IN P2P FROM BINANCE:

You have to click on p2p trading

image.png

then you can see the usdts much more currency whatever you have to trade just fill the status

image.png

image.png
here you can see my orders and trades in p2p

Does escrow protection help a buyer and seller:

Yes escrow will protect you at the time of trading although its a legal agreement between both parties and parties are oppressed in this case because buyer will send us screen shot of his payment and we release the USDT or etc from our wallet and if the order is canceled the amount will be safe by escrow protection.

PAYMENT METHOD AND TRADING CRYPTO:

I used binance for trading purpose many times as you see my screen shots and order list

image.png

There you can see buy and sell crypto any currency that given there I think they had given all currency access select payment method and then trade your crypto

image.png

image.png

MINIMUM AMOUNT FOR TRADING IN BINANCE:

you can invest minimum 10 dollars in coin but in p2p you can trade by buyer and sellers limit let me show you

image.png

Have you ever transferred TRC-20 USDT from Binance to Huobi ?
No I never try this method because I just take trades in binance for security reason and it is safe site I ever used

SHOWCASING TRANSACTION HISTORY AND P2P TRADING BINANCE:

image.png

After that I used this steems for trading from p2p as I show you guys below all the transactions of p2p are because of this steems that i had converted.

NOTE: ALL PICTURES ARE THE SOUCE OF MY SCREEN SHOTS
Special Thanks for giving us great guidance and your lecture is amazing and I just understand easily being new member hope all students are getting it.
My Homework task for the Season 2: Week1
Cc:
@sapwood

Sort:  
 3 years ago 

@sapwood review my post please

 3 years ago 

Thank you for attending the lecture in Steemit-Crypto-Academy- Season 2 & doing the homework task-1.

you can invest minimum 10 dollars in coin but in p2p you can trade by buyer and sellers limit let me show you

In Binance P2P, the min amount to post an Ad is 100 USDT. However, a Market Maker can set his own min/max limit and based on that a market taker can trade with a Market Maker.

How does escrow protection help a buyer and seller?

  • Once a trade is initiated, a seller can not cancel it, either the buyer can cancel it, or perform the trade or timeout occurs, and automatically canceled.
  • A seller can only release it, in the case of a dispute the third party intervenes to verify the fact/evidence and release it to the rightful owner.

Feedback/Suggestions:-

  • The author has demonstrated how to post an Ad and how to buy/sell USDT, but we were expecting a real trade with the detailed step-wise process, window time, release time, chat interface with the counterpart, etc including screenshots.

Thank you.


Homework Task -1 accomplished
[4]

 3 years ago 
 3 years ago (edited)

Coin Marketplace

STEEM 0.16
TRX 0.16
JST 0.032
BTC 58495.14
ETH 2461.74
USDT 1.00
SBD 2.36