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

For Binance, the limit for trade is set by the advertiser. Every advertiser had a minimum amount set that they are willing to start trading from. Thus, it is fair to say that Binance has no minimum amount set for P2P trade but the power is given to the advertiser to set up his/her own trade limit.

As a Market Maker(aka Advertiser) in Binance P2P, you can publish an Ad with at least 100 USDT. The min/max limit is upto the Advertiser to set. So you can trade a micro amount($1) if an Advertiser allows you to do so(for example, if an Advertiser has set the min limit a 1 USDT).

I have no experience in the transfer of TRC-20 USDT from Binance to Houbi and vice versa.

If you ever try to move fund from one exchange to another, then TRC-20 USDT is the most ideal option, precisely because of scalability & cost-effective Tron Network.

As such the fee in Tron Network to send USDT is zero, but Binance charges a nominal fee of 1 USDT.

Feedback/Suggestions:-

• The author has demonstrated with a real trade- He traded 10 USDT in the Binance P2P Market(as Market Taker), he has explained all the steps with relevant screenshots.
• One or two rounds of proof-reading is required.

Thank you.

Homework Task -1 accomplished.
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