Binance P2P in Chile: buy and sell USDT with pesos without scams
P2P usually has good prices and accepts almost any Chilean bank. The risk is not the coin but the counterparty. These are the rules we use to buy and sell.
Binance P2P is Binance’s person-to-person market. You do not buy USDT from the company but from another user, and the platform acts as intermediary: it holds the seller’s USDT until they confirm your payment. For anyone playing at a Chile crypto casino it is a common way to go from pesos to USDT, and back again.
How an order works
- The seller posts an ad: price in pesos per USDT, minimum and maximum amounts, payment methods.
- You open an order. Their USDT is locked on the platform.
- You transfer pesos to the account shown in the order.
- You mark the order as paid.
- The seller sees the money in their bank and releases the USDT, which lands in your Binance wallet.
If something goes wrong, either party can open an appeal and support reviews the receipts.
P2P · Buy USDT with CLP
Drawn diagram, not a screenshot
- 1Filter for verified sellers with many orders and a high completion rate.
- 2Pay only by the method the order names, from an account in your own name. Mark "paid" after transferring, never before.
Choosing a seller: what we look at
- Verified. The verified merchant badge shows they passed extra checks.
- Many completed orders and a high completion rate. A seller with 5 orders is not necessarily bad, but has no track record.
- Reasonable average release time.
- Ad conditions. Some require the account holder to match the Binance name, or do not accept certain banks. Read them before opening the order.
- Price. If an ad is far below the rest, be suspicious.
Paying without problems
- Pay from an account in your own name. The name on your bank account must match your Binance account.
- Use exactly the order’s payment method. If it says bank transfer, do not pay another way.
- Transfer the exact amount. No more, no less.
- Do not write “Binance”, “USDT” or “crypto” in the transfer reference if the ad asks you not to; some sellers request this. Put what the order says or nothing.
- Mark paid only after the transfer has left your bank.
Selling USDT for pesos
When you withdraw casino winnings to Binance, the reverse route is to sell on P2P:
- Choose Sell, USDT, CLP.
- Pick a verified buyer or post your own ad.
- Your USDT is locked.
- The buyer transfers pesos to you.
- Log into your bank and check the money arrived, from the buyer’s name.
- Only then release.
Step 5 has no shortcuts. Do not release on a screenshot, an email claiming to be from Binance or a buyer’s message urging you to hurry. Only on the balance you see in your bank.
The most common scams
- Fake receipt. The buyer sends an edited image. Avoid it by checking your bank, not the image.
- Payment from a third-party account. The money may belong to a victim and be clawed back later. If the name does not match, do not release and open an appeal.
- Contact off the platform. You are asked to move to WhatsApp or Telegram “to go faster”. Everything is discussed inside the order.
- Fake support. Nobody from Binance asks you to release an order, or for your password or codes.
- Partial transfer. They pay less and ask you to release anyway. Wait for the full amount.
From Binance to the casino
With USDT in your Binance wallet, move it to the funding or spot wallet as the withdrawal requires, choose the casino cashier’s network and send a test amount first. The full procedure is in deposit at a crypto casino and choosing the network in networks and fees. If you prefer a local exchange, see buy USDT in Chile.