How to Buy and Sell Cryptocurrency via C2C on Binance

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Cryptocurrency trading has become increasingly accessible, especially with platforms like Binance offering user-friendly options for converting fiat money into digital assets and vice versa. One of the most popular and secure methods is through C2C (peer-to-peer) trading, which allows users to directly buy or sell crypto using local payment methods such as bank transfers, Alipay, or WeChat Pay.

This guide will walk you through the complete process of buying and selling cryptocurrencies like BTC, ETH, USDT, and BNB using Binance’s C2C platform — all while ensuring safety, compliance, and ease of use.

What Is C2C Trading?

C2C, or Customer-to-Customer trading, enables individuals to trade cryptocurrencies directly with each other using fiat currencies. Unlike spot trading, where prices are market-driven, C2C listings are created by individual sellers or buyers, often with flexible pricing and payment options.

Binance acts as an escrow service during these transactions, holding the crypto until payment is confirmed, which significantly reduces the risk of fraud.

👉 Discover how easy it is to start your first secure crypto trade today.

Prerequisites for C2C Trading on Binance

Before you begin trading, make sure you meet the following requirements:

These steps ensure compliance with global financial regulations and protect both buyers and sellers from fraudulent activity.

Step-by-Step Guide: How to Buy Crypto via C2C on Binance

Step 1: Log In and Access the C2C Section

Open the Binance app and log in to your account. On the home screen, tap "More" (usually indicated by an icon with three dots or lines), then select "C2C Buy" from the menu.

Step 2: Review Security Notice

You’ll see a pop-up notification explaining that all purchased crypto is subject to a T+1 withdrawal rule. This means funds will be locked for 24 hours after purchase to prevent money laundering using illicit funds. Read carefully, agree to the terms, and click Confirm.

This security measure protects both the platform and its users — a crucial aspect of responsible digital finance.

Step 3: Switch to Quick Zone (Recommended for Beginners)

By default, you may land on the Custom Zone, where advanced traders set their own terms. For newcomers, we recommend switching to the Quick Zone, which offers faster execution and simpler navigation.

Tap the zone selector and choose "Quick Zone" from the dropdown menu.

Step 4: Purchase Cryptocurrency

In the Quick Zone:

  1. Select "I want to buy".
  2. Choose your desired cryptocurrency — USDT is selected by default, but you can switch to BTC, ETH, BNB, etc.
  3. Enter the fiat amount you wish to spend. The minimum transaction starts at approximately 72 CNY, though exact values may vary slightly based on exchange rates.
  4. Tap "Buy with 0% fee" — this initiates the payment process using your pre-linked payment methods.

The system will prompt you to confirm the transaction via your chosen method (e.g., bank transfer, Alipay). Once payment is completed and confirmed by the seller, Binance releases the crypto to your wallet.

How to Sell Crypto for Fiat via C2C

Selling works similarly but in reverse:

  1. In the Quick Zone, tap "I want to sell".
  2. Select the cryptocurrency and amount you'd like to sell.
  3. Confirm your linked payment method for receiving fiat funds.
  4. Click "Sell" to proceed.

If your spot wallet doesn’t have enough balance, Binance will prompt you to transfer funds from another wallet (like Funding or Futures) before proceeding.

After the buyer sends payment, you’ll receive a notification. Confirm receipt only after verifying that the funds have arrived in your account — never rely on screenshots or unverified messages.

Tips for Safe and Successful C2C Trading

Binance’s dispute resolution team can assist if issues arise, but prevention is key.

👉 Learn how top traders manage risk and maximize returns securely.

Frequently Asked Questions (FAQ)

Q: What does T+1 withdrawal mean?

A: T+1 means that after purchasing crypto via C2C, you must wait 24 hours before withdrawing those funds. This policy helps prevent money laundering and enhances platform security.

Q: Can I use Alipay or WeChat Pay to buy crypto?

A: Yes. Binance supports multiple local payment methods including bank transfers, Alipay, and WeChat Pay, depending on your region and account verification level.

Q: Are there fees for C2C trading?

A: Binance charges 0% trading fees in the Quick Zone for both buying and selling. However, standard network or withdrawal fees may apply later when moving funds.

Q: Why can't I access C2C trading?

A: Access requires a fully verified identity (KYC). If you’re still restricted, ensure your profile is complete and matches your payment method details exactly.

Q: Is C2C trading safe?

A: Yes — Binance holds the cryptocurrency in escrow until both parties fulfill their obligations. As long as you follow guidelines and avoid off-platform communication, C2C trading is highly secure.

Q: Can I cancel a C2C order?

A: You can cancel an order only if no counterparty has accepted it yet. Once a buyer or seller confirms, you must complete the transaction or face potential penalties.

Final Thoughts: Start Smart with C2C Trading

Buying and selling cryptocurrency through Binance’s C2C platform is one of the safest and most convenient ways to enter the digital asset space — especially for beginners. With intuitive navigation, zero-fee trades in the Quick Zone, and robust security protocols like T+1 withdrawal rules and escrow protection, users can confidently convert between fiat and crypto using familiar payment tools.

Whether you're looking to buy USDT with Chinese yuan or sell BTC for cash, mastering C2C trading opens up a world of financial flexibility.

👉 Get started now and experience seamless, secure crypto transactions in minutes.

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