What happens if I cancel a P2P trade on Binance?

3 answers

• farukh nazifJan 29, 2025 · a year ago
  When you cancel a P2P trade on Binance, the funds involved in the trade will be returned to your account. However, please note that if you cancel the trade after the buyer has already transferred the payment, it may result in a dispute. It's always recommended to communicate with the buyer or seller before canceling a trade to avoid any misunderstandings or disputes.
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• KadibiaMay 29, 2022 · 4 years ago
  If you cancel a P2P trade on Binance, the trade process will be terminated, and the funds will be returned to your account. It's important to note that canceling a trade should be done carefully, as it may affect your trading reputation on the platform. It's advisable to only cancel a trade if there are valid reasons and to communicate with the other party involved.
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• RISHIKA RANYALDec 10, 2022 · 4 years ago
  When canceling a P2P trade on Binance, the funds will be returned to your account. However, it's important to be aware that canceling trades frequently or without valid reasons may negatively impact your trading reputation. It's always recommended to communicate with the other party and try to resolve any issues before canceling a trade.
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