Buy and Sell Bitcoin Binance offers a P2P platform for trading in Vietnamese Dongs (VND). We can therefore use VND directly to buy or sell cryptocurrency on Binance. This article will explain in detail how you can buy and sell cryptocurrencies in VND at Binance.
Related Software: Top reputable Bitcoin trading
Prepare
- You will need to first open a Binance Account. If you don’t have one, click here to find out how to open a Binance account
- The following are possible billing accounts:
- VietCombank ACB Techcombank accounts can be used to register for Internet Banking.
- MOMO Account
- ZaloPay Account
- ViettelPay Account
- Register for PayPal
Binance P2P How To Buy and Sell Coins In VND
This article will show you how to buy and trade USDT as well as other coins like Bitcoin (BTC), ETH BNB DOGE…
1. Buy USDT on Binance P2P
- Step 2: Login to Binance and go to Trading > P2P accounts as shown below.
- Step 3: Enter the amount you want to spend, choose the currency to be used in the Fiat box and select the payment method, for example MOMO, as shown below.
- Choose a person from the list of those selling USDT (should pick the one who has the lowest price). Then click Purchase USDT
- Step 3. The verification request looks like the image below. (If you’ve already verified your account skip step 3 and move to step 4).
- Click here to learn more. Activate Button at the Line Enable SMS Verification The interface shown below will appear. Enter your phone number, then tap Send code You will receive an SMS code on your mobile phone
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- Enter the SMS verification code in the SMS Verification Code box
- You will receive a code via email when you click Enter. Type this code into the Email Verification Code box.
- The image below shows a successful phone and mail confirmation.
- The Activate link in the line Completion KYC Verification will take you to the Personal Verification Page as shown below. Click on the Check Now button
- Click Continue after selecting the Document type.
- Click the Continue button after you have uploaded the front and the back of your ID Card.
- Click Start Verification after you have uploaded your photo and clicked Continue.
- You can verify your identity using the Camera
- Below is a report of successful verification.
- After a few minutes, you will receive an email confirming that your verification was successful. Step 5: Once the buy USDT page is displayed below, enter the amount you wish to purchase, and then click the BuyUSDT buttonIf you exceed the 15-minute time limit, the order will be automatically canceled. Next, tap Transfer money. >>Tap Confirm.
- The seller has 15 minutes to verify their account. If they have received the funds, they will unlock USDT and put the USDT into your wallet.
- Here is what you get when you buy USDT
- If you cancel your order more than three times in one day, then the entire day cannot be traded. You will have to wait until the next day.
Do not click on cancel order if you want to wait until the seller checks and unlocks USDT.
- Step 6
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- When trading P2P, USDT will be stored in a wallet. You need to transfer it to a spot wallet before you can trade or store it.
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- Click the Transfer Button of the USDT line.
- As shown below, click on the Confirm Button.
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- You already have USDT on your spot wallet when you place the order for coins.
2. Binance P2P: Sell USDT to VND
You can also sell other coins.
Step 1. Before selling USDT, you need to first transfer USDT into a P2P wallet. You will go to Fiat & Spot >> Wallet
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- Select the Convert option on the interface below.
- Enter the number of coins you wish to transfer, click on the Confirm Button, and then exit the interface.
- The coins from Fiat wallets and Spot have been transferred into P2P wallets
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Step 2 Follow these steps to begin selling USDT into VND via Binance P2P trading.
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- Go to P2P accounts
- Select VND as Fiat and then MOMO.
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You must pay attention to the limits, which are the minimum and maximum amounts per transaction. You can’t trade below the minimum amount.
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- The interface below shows how to enter the USDT amount you want to sell, and then click on the Buy USDT button.
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Step 3: Wait for the buyer’s transfer of money.
Log in to MOMO and check whether the buyer has transferred money to your account.
You will need to click Confirm after you receive the money.
If the buyer doesn’t transfer funds after 15 minutes, then the transaction is automatically canceled and the USDT is transferred into your P2P wallet.
You have now successfully sold USDT via Binance P2P.
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