Binance P2P lets you buy crypto directly with Thai Baht (THB) using local payment methods such as PromptPay and bank transfers. The platform acts as escrow, holding the seller's crypto until you confirm you've sent the payment. If you're new to crypto, start by creating a Binance account — registration takes a few minutes and unlocks P2P trading plus spot markets, staking, and other features once your account is verified.
🚀 Create Your Binance Account (Fee Discount)Before paying, double-check the merchant's completion rate, price, and whether the name on your bank account matches theirs — a mismatch can delay release or lose your escrow. Never send crypto or payment outside Binance's order flow, since you lose all protection. Save the order screenshot and chat transcript. Watch for unusually low prices, which often signal scammers, and verify the THB-to-crypto rate against the market price first.
Sign up for a Binance account, verify your identity, then open the P2P section. Select Buy, choose THB, pick a merchant and payment method, transfer the amount using PromptPay or a bank account, and confirm payment to receive your crypto.
Thai buyers commonly use PromptPay and bank transfers to complete P2P orders. Always match the name on your payment account with the merchant's registered details, and send only after the order is open so the escrow stays protected.
Most orders complete within minutes because escrow releases funds as soon as the seller confirms your payment. If you pay a bank transfer that requires manual review, allow extra time and mark the order as paid before the timer expires.
Yes. Identity verification is required to access Binance P2P trading, and it also protects you against fraud. Keep your government ID ready and verify early, as document checks can sometimes take longer during busy periods.
Binance charges no fee for placing a P2P order — the merchant's price already includes their margin. Your bank may charge for transfers, and P2P trading availability and pricing can change, so always confirm the final rate before paying.