Q1: How to become a P2P merchant?

A1: You can view the merchant application requirements and merchant guide on the "Merchant Application" page.

P2P Merchant Application >>

 

Q2: How can I earn money through P2P trading as a merchant?

A2: You can obtain USDT that needs to be traded from a third party and earn the exchange rate difference by publishing buy/sell USDT advertisements (ads) on BingX P2P Trading platform.

You can also place buy and sell ads at the same time on BingX P2P Trading platform to capitalize on the price difference between the two orders. It is recommended to refer to the corresponding fiat currency exchange rates and ads from other merchants on the platform to set competitive prices, thereby attracting more orders.

BingX will launch incentive events for P2P merchants from time to time. Please keep an eye on BingX's official announcements or join the official P2P Telegram channel: https://t.me/BingXP2PChannel

 

Q3: How can I increase the exposure of my ads?

A3: After users perform a search on the P2P Trading page, the system will sort the ads that meet the criteria based on a comprehensive algorithm. The main factors include price, transaction rate, and average transaction time. Setting competitive prices, improving the transaction rate, and reducing the transaction time will help increase the exposure of your ads.

 

Q4: How can I set my business/closing hours?

A4: Go to "My Ads" on the P2P Trading page. If you already have active ads, click the "Open" button in the upper right corner.

You can set "Pause Business" or "Auto Close" according to your needs.

Pause Business: After switching it on, your ads won't be displayed in the P2P ad list. To resume business, simply switch it off.

Auto Close: After switching it on, your ads won't be displayed in P2P during your set hours.

Set "Pause Business" and "Auto Close" with just a click >>

 

Q5: Why are my P2P ads taken down?

A5: If you violate BingX's P2P merchant rules, engage in malicious diversion of traffic, or have over 5 appeals on your P2P orders within a day, your ads may be taken down. If you need to lift the restriction, please contact us on Telegram @BingXP2P or send an email to p2p@bingx.com.

 

Q6: Why was my merchant status revoked?

A6: Your merchant status will be revoked if you have no completed orders within a month after becoming a merchant, or if you post ads with abnormal prices and don't correct them after being notified twice. You'll need to reapply to regain your merchant status.

 

Q7: If a merchant's bank account is frozen due to a counterparty's actions, what documents should be submitted to the platform to provide proof for unfreezing?

A7: Please send a request using the official email address of the law enforcement department to P2P@bingx.com. Attach the following documents in the email:
1. A photo of the law enforcement officer, along with their name, email and relevant credentials.
2. An official request for assistance stamped with the seal of the law enforcement department.
3. A letter specifying the information BingX is required to provide for the investigation. The documents may include the counterparty's account information, address, name, phone number, etc. Once we receive these documents, we will fully cooperate with the law enforcement department to provide the necessary information.

 

Q8: Can merchants use nicknames or avatars with official names or BingX in them?

A8: To ensure transaction security and compliance, merchants are not allowed to use nicknames or avatars containing "BingX" or any official names. If detected or reported by users, BingX will remove the nickname or avatar. If this occurs more than twice, the merchant's status will be revoked.

BingX Official Channels

 

Risk Disclaimer

Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material is for reference only and should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BingX is not responsible for any losses you may incur.

BingX attaches great importance to compliance and has strictly abided by local regulations. Please obey local laws and regulations in your country or region. BingX reserves the right in its sole discretion to amend, change, or cancel this announcement at any time and for any reason without prior notice.

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