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Have you opened a P2P order from an ad that was already published?

Then you acted as a Taker.

📚 P2P Glossary #003: Taker

In Binance P2P, the Taker is the person who takes an ad created by another user.

That is, they don’t post the offer, but choose one that’s already available and decide to initiate the trade by accepting its terms.

A simple example:
If you see an ad to buy or sell $BTC , you check the price, limits, payment method, and then open the order; in that trade, you are the Taker.

In real life, it would be like walking into a store and deciding to buy something from it.

Common mistake: thinking that Taker always means "buyer." Not always. A Taker can buy or sell, depending on the type of ad they take.

What’s important is to understand that by taking an ad, you are agreeing to review and comply with its conditions: amount, payment method, time limit, and instructions.

So, before opening an order, don’t just look at the price. Make sure to review the entire ad carefully.

⁉️Did you know that when trading within P2P, you had the role of Taker when taking an ad or offer?

#ZP_GlosarioP2P #BinanceP2P #P2P $USDC #Criptomonedas #BinanceSquare

Ever seen a P2P ad and wondered who created it?

That's where the 📋 Maker comes in.

📚 P2P Glossary #002: MAKER

ℹ️ In Binance P2P, the Maker is the person who posts an ad to buy or sell cryptocurrencies.

They set important conditions like the price, minimum and maximum amounts, available payment methods, and instructions that need to be reviewed before placing an order.

A simple example:
If a trader posts an ad to sell $BNB and you decide to open that trade, that trader acts as the Maker because they created the offer.

In real life, it's like someone listing a product for sale: they set the price, indicate how they accept payment, and wait for an interested party to take the offer.

👀 But being a Maker doesn't mean having absolute control over the trade. They must also comply with Binance's rules, respect the ad's conditions, and keep clear evidence within the order chat.

❌ Common mistake: thinking that Maker always means “seller.” Not always. A Maker can post ads to buy or sell, depending on the type of trade.

Understanding who the Maker is helps you read the ads better and know who set the initial conditions.

Did you know that a Maker can buy or sell in P2P?


#ZP_GlosarioP2P #BinanceP2P #P2P $ETH #Criptomonedas #BinanceSquare

Did you know that P2P didn't originate with cryptocurrencies?

It's a much older concept.

📚 P2P Glossary #001: P2P

P2P stands for Peer to Peer, which means person to person or equal to equal.

In real life, a simple example would be selling a used phone: one person offers, another buys, both agree on price, payment, and delivery.

On Binance P2P, something similar happens, but within a platform that acts as an intermediary and custodian of the funds. A user buys or sells cryptocurrencies like $BTC directly with another user, using payment methods available based on their country.

The difference is that Binance organizes the order, displays the conditions, and keeps assets like $BTC temporarily locked while the transaction is completed.

So, P2P doesn't mean trading without rules. It means direct exchange between people, with conditions, evidence, and accountability within a safe and protected space.

Understanding this concept is the first step to grasping announcements, orders, payment methods, reputation, and appeals.

Did you already know that P2P meant 'person to person'?


#ZP_GlosarioP2P #BinanceP2P #P2P $BTC #Criptomonedas #BinanceSquare