Binance P2P Beginner’s Guide Quiz Answers – Get Instant ₹40 BUSD

Binance Beginner’s Guide P2P Quiz Answers

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Hi Guys, Its been a while for Binance Learn & Earn quiz answers. But here comes another quiz from Binance which can fetch you instant $0.5 BUSD in your Binance Wallet. You just have to complete this Binance Beginner’s Guide P2P Quiz & you will rewarded with free BUSD tokens.

We have already added all correct answers of this Binance Beginner’s Guide P2P Quiz. Just read each & every answer carefully then start the quiz.

How to Start this Binance Beginner’s Guide P2P Quiz ?

1. Login into Binance App account
2. Now Go to wallet >>
3. Click Funding >> P2P
4. >> Now Click on three dot
5. >> Replay Guide
6. Start the quiz.

Binance Beginner’s Guide P2P Quiz Answers

Question 1 – What is P2P trading?

Answer is – Peer-to-peer trading, where you buy and sell directly with another person without going through a middleman.

Question 2 – What should I do if the counterparty asks me to provide my social or phone number?

Answer is – Do not send & insist on communicating through Binance P2P chat only.

Question 3 – What are the benefits of using Binance P2P?

Answer is – All are correct.

Question 4 – Who can use Binance P2P?

Answer is – Only verified Binance users.

Question 5 – What is a fake SMS scam?

Answer is – Any of the above

Question 6 – What should I do when the buyer sends me proof of payment via P2P chat, claiming that they have paid?

Answer is – Check my bank or e-wallet balance to see if the fiat has arrived, make sure the buyer’s verified name matches the sender’s name, then release crypto.

Question 7 – Will Binance P2P send me messages in the chat box asking to release funds while a transaction is pending?

Answer is – Binance P2P will only send Risk Alerts in the Chat Box.

Question 8- Which wallet is used for Binance P2P Trading?

Answer – Funding wallet

Done !!

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