How exactly does Binance define “merchant” of P2P?
The Binance P2P ecosystem also relies on merchants, i.e. experienced and certified users of the market.
They pass additional certifications and are recognized for advanced trading experience on other platforms.
Depending on the merchant’s preferred transaction currency, Binance may also require them to provide additional security deposits to ensure users are protected.
Binance launched a global P2P merchant program, allowing all users to enjoy better liquidity, more competitive prices, and a more secure trading environment.
Binance P2P merchants can enjoy advanced trading tools and advertising tools, the lowest advertising fees in the market, and exclusive fee discounts.
Users can apply to become merchants by themselves.