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

The above window opens so that you can set the amount you are willing to sell; my minimum account balance is less than 100 as you can see so am not able to add my advertisement

Yes, the minimum amount to publish an Ad is 100 USDT. But you can still buy/sell an amount below 100 USDT, should the Advertiser set the min/max limit like that.

The Advertiser has the freedom to set the min/max limit on his own(Binance does not set any criteria for that). So if an Advertiser has set the minimum limit as 1 USDT, then you can easily buy 1 USDT as Market Taker.

if the market advertiser doesn't release the crypto in full, the escrow makes sure the buyers fiat is refunded.

Not necessarily. If you have paid as a Buyer, then produce the payment proof in the chatbox and ask the Seller to release, if he does not repond, then raise an Appeal, Binance team will intervene and after verifying the facts they will release the asset.

Feedback/Suggestions:-

• The author has demonstrated with a real trade- He bought 17.09 USDT in the Binance P2P Market(as Market Taker), he has explained all the steps with relevant screenshots.
• The author has also explained the steps to create an Ad as Market Maker(although he could not able publish the Ad due to insufficient fund).
• We would suggest the author to cover all the sub-parts in an assignment(in this assignment, the author has covered 5 out of 6 questions).

Thank you.

Homework Task -1 accomplished.
[8]