This is a guide to converting your INR( Fiat currency) into a Stable coin (USDT). A stable coin is a cryptocurrency whose value will remain pegged to USD in 1:1 ratio.

In P2P trading, Both parties interact directly for the transaction, Binance will act as an intermediary for conflict and fraud resolution. Make sure you check the Profile and past history of the seller before making the transfer.

Fiat currency is the currency issued by your central bank for example, INR is the fiat currency of India and USD is the fiat currency for U.S.A.

Step1: Login to https://ama.fans and click on top right on your profile picture to access “settings” section. Copy your wallet address as shown in attached image. This balance would be zero if you using this wallet for the first time. We will use this address later.

Step2: Login to your Binance account and click on “Buy Crypto” on the top left side of the window. You will be redirected to a new window where you can see all the sellers selling their USDT in exchange for INR/USD/AUD etc. Now onwards, For the sake of this tutorial we will use INR as the fiat currency, You can choose to buy any FIAT currency by the same mechanism.

Price is what sellers are willing to offer USDT for, in exchange of INR. For example, sunny is asking for 82.19 INR for 1 dollar.

Limit/Available: Avilable is the total USDT which a seller is willing to sell. For example, Sunny has an available balance of 500.02 USDT in their account. Limit is the Maximum/Minimum USDT you can buy from a seller. For example, The minimum order which you can place with sunny is 41,000 INR and the minimum is 41,094.64 INR.

Step3: Based on how much USDT you want to buy, fill up the text boxes. You can check the transaction history of the seller, Always check that to see how many transactions has been completed by the seller. Your USD order must lie within the “Limit” of the seller. Click on Buy USDT, and you will be redirected to a new window.

Past Trasaction history of another seller “PK”: