🛑 Stop chasing the price! Learn how to use Limit Orders on Binance P2P.
In days of high volatility, it's common to enter P2P and feel frustrated when prices rise every time you refresh the screen. Many make the mistake of buying "whatever is available" out of fear that prices will continue to rise. But did you know that you can propose your own price? This is where the Limit Order comes in.
What is it?
Unlike the "Market" order (where you take someone else's price), with the Limit Order you become a "Maker". You decide: "I want to buy USDT at X rate" and you publish your ad. Your order will stay there until someone agrees to sell to you at that exact price.
Why use it today in Venezuela?
-. Total Control: You avoid overpaying in times of panic.
-. Zero Stress: You don't have to be glued to your phone refreshing ads; you let the market come to you.
-. Better Margins: Generally, by publishing your own ad, you get a slightly more favorable rate than if you buy from already published ads.
How is it done? (Quickly)
In the P2P section, change the mode to "Ad Mode" (in the three dots in the upper right corner). Then, tap the "+" button or "Ads" and set your price, amount, and the payment methods you accept. And you're done!
My recommendation: In a market as active as this January, patience often pays better than urgency. Don't panic, set your order at a fair price and let the market do its job.
👇 Have you published your own ads in P2P or do you always buy from those already available? Tell me your experience.