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learn · maker

How to trade P2P on Binance as a maker

Full written guide is coming — here's the outline, and the video that'll go with it.

video coming soonHow to trade P2P on Binance as a maker
  1. 01Taker vs. maker: why this is a different trade with different risk
  2. 02Where to place your ad — reading the real fillable book, not the advertised one
  3. 03The fee is not a percentage of your spread: what breakeven actually looks like
  4. 04Sizing your ad against dynamicMaxSingleTransAmount, not your headline max
  5. 05Queue position and why the same price in two spots earns differently
  6. 06Reading a rail's competition before you commit capital to it

two notions worth knowing before you place

Maker vs. taker

Electronic markets everywhere — stock ECNs, forex, centralized exchanges — split participants into makers, who post a standing order, and takers, who trade against one that's already there. P2P runs on the same idea. Full explainer →

Reading a merchant

A merchant's behavior — how often they reprice, where they sit in the queue, how many rails they run — tells you far more than anything they say about themselves. Full explainer →

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