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Easy Guide: How to Open a Binance Account and Recharge Your Pyypl Account with USDT in Ethiopia (2024); June 21 2024

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* This article contain affiliate links.

 

** Update: Topping up feature on Pyypl is paused temporarily**

 

How to Open a Binance Account and Purchase USDT Using P2P

 

How to Open a Binance Account

 

1. Visit the Binance Website: Go to the Binance (Click Here) and click on “Register” to create an account.
2. Sign Up: Enter your email address and create a strong password. Alternatively, you can sign up with your phone number.
3. Email Verification: Binance will send a verification code to your email. Enter this code to verify your email address.
4. Complete Identity Verification: To enhance your account security and unlock full features, complete the identity verification process by providing personal information and uploading identification documents.
5. Set Up 2FA: For added security, set up two-factor authentication (2FA) using Google Authenticator or SMS.

 

 

How to Purchase USDT Using P2P on Binance

 

Step 1. Log In to Binance

Log into your Binance account and navigate to the “P2P Trading” section from the homepage or under the “Trade” menu. (Make sure you are in Binance pro not Binance lite)

 

Step 2. Select P2P Trading:

On the P2P page, select the “Buy” tab and choose USDT as the cryptocurrency you want to purchase.

 

 

 

 

Step 3. Filter Ads:

Convert currency to ETB and Use the filter option to sort ads by payment method, currency, and amount (follow the order in the picture below). Select a seller who offers favorable terms and click “Buy”.

 

Checklist before choosing a seller :-

A. Is seller verified ?

B. Does he/ she has many trades, the more trade the better.

C. What is the Limit (is the amount you want in the traders limit?)

C. What’s the completion rate and rating ?

D. Are they online and what payment method they accept?

E. Is the price fair ?

F. Can I make the payment in the specified time.

 

 

Step 4. Enter Purchase Details:

Enter the amount of USDT you wish to purchase and review the seller’s terms and conditions. Ensure the payment method is suitable for you.

 

Step 5. Initiate the Transaction:

Click “Buy USDT” to place your order. The platform will lock the seller’s USDT in escrow.

 

Step 6. Make Payment:

Follow the payment instructions provided by the seller, usually involving a bank transfer or a specified payment method.

 

Step 7. Confirm Payment:

After making the payment, click “Transferred, Notify Seller” on Binance. The seller will then verify the payment and release the USDT to your Binance wallet.

 

Step 8. Receive USDT:

Once the seller confirms receipt of the payment, the USDT will be released from escrow and credited to your Binance P2P wallet. You can transfer it to your Spot Wallet if needed.

 

Using Binance’s P2P marketplace is a secure way to buy USDT as it includes an escrow service to protect both buyers and sellers. For further details, refer to the comprehensive guides available on the Binance website and other cryptocurrency information sites. If you have any questions or encounter issues, Binance’s customer support and dispute resolution mechanism are available to assist you.

 

How to Recharge Your Pyypl Account Using Cryptocurrency (USDT) You Bought on Binance

 

Before you attempt to top up your Pyypl account, ensure you have USDT in your Pyypl funding account.

1. Open the Pyypl app and log in.
2. Click on “Top Up” and select “Off Ramp.”
3. Choose “Off Ramp” again and agree to the terms and conditions.
4. Enter the amount you wish to recharge (in USD).
5. Click “I Agree.” The Pyypl app will automatically redirect you to Binance.
6. Confirm the cryptocurrency payment on Binance.

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