What is C2C Trading?

C2C (Peer-to-Peer) is direct trading between users. You buy USDT from other users, pay via Alipay/WeChat/Bank Card, and the seller releases USDT to your account after receiving payment. Binance acts as an intermediary platform, responsible for fund custody and dispute resolution.

C2C vs. Quick Buy Comparison

MethodFeeSpeedSuitable For
C2C Peer-to-PeerLow (close to market price)5-15 minutesUsers seeking low fees
Quick BuySlightly higher (1-3% premium)InstantBeginners seeking convenience

Detailed Steps to Buy USDT via C2C

Step 1 — Enter the C2C Page

Binance App: Home → "Buy Crypto" → "C2C Trading"
Web Version: Top Menu → "Buy Crypto" → "P2P Trading"

Select "Buy", choose USDT as the coin and CNY as the fiat currency.

Step 2 — Filter and Select a Merchant

Focus on these key indicators:

  • Completion Rate: Recommended to choose merchants with ≥95%
  • Trade Volume: Higher numbers mean more reliability; choose merchants with over 1,000 orders
  • Price: Should be close to the market price; avoid bargains
  • Payment Method: Choose what is convenient for you (Alipay/WeChat/Bank Card)
  • Limit: Ensure your purchase amount is within the merchant's limit range
Step 3 — Place an Order

Enter the purchase amount (in CNY), confirm the USDT quantity and exchange rate, then click "Buy USDT". The system will display the merchant's payment account and a payment countdown (usually 15 minutes).

Step 4 — Make Payment

Transfer funds to the merchant via Alipay/WeChat/Bank Card within the specified time.

⚠️ Do not include any cryptocurrency-related terms in the payment memo (e.g., USDT, coin, virtual currency). Simply transfer the funds to avoid bank risk controls.
Step 5 — Confirm Payment and Wait for Coin Release

After completing the payment, return to the order page and click "I've Paid". Once the merchant confirms receipt, they will release the USDT, usually arriving within 1-10 minutes.

Step 6 — Confirm Receipt

Go to "Wallet" → "Spot" to check your USDT balance. Once received, you can start trading.

Frequently Asked Questions

What if the merchant doesn't release coins after payment?

If you wait more than 15 minutes, click "Appeal" and Binance customer service will intervene. Do not cancel the order, or you may lose your funds.

What if my bank card is frozen?

Contact your bank and explain it is a normal transfer; it can usually be unfrozen. It is recommended to use a dedicated bank card for C2C trading, not your primary daily card.

What is the minimum purchase amount?

It depends on the merchant's settings, typically a minimum of 50-200 CNY.

💡 Advice for Beginners: For your first C2C trade, start with a small amount (100-200 CNY) to get familiar with the process before increasing the amount.