P2P circle - This is the complete turnover of funds through P2P connections. Funds go through several stages, forming a circle that can repeat several times.
International arbitration - It is cryptocurrency arbitration between two countries, similar to inter-exchange, but including the resources of two countries, for example, Russia and Turkey.
Spread - It is the profitability in percentage from one turnover through the cryptocurrency arbitrage. For example, a 1% spread means that with a turnover of 100,000 rubles, the profit will be 1,000 rubles.
Maker - A person who creates advertisements for the purchase or sale of cryptocurrency.
Merchant - Status on the Binance exchange, allowing users to create advertisements for purchase without T+1 blocking.
Drops - These are people on whom bank cards are issued to increase turnovers in cryptocurrency arbitrage.
P2P bundle (arbitration bundle) - This is a sequence of actions that allows you to make a profit from one full turnover of funds in cryptocurrency arbitration.
Cryptocurrency arbitration - This is a broader concept than P2P, describing earnings on the price difference of cryptocurrencies, including P2P arbitrage.
In cryptocurrency arbitration, it is not necessary to use P2P platforms; you can use any available means, such as the "Golden Crown" service.
Payment tool - a payment instrument used to buy or sell cryptocurrencies, such as Sberbank, Tinkoff, QIWI, Golden Crown, and others.
P2P (“pitupi”) - A method of earning on the difference in prices for various crypto assets, where the purchase/sale of assets is carried out on the P2P market.
Floating price - a price that changes depending on market conditions.
Fiat (fiat currency) - state-issued money such as the ruble, euro, dollar, etc.
Intra-exchange arbitration - cryptocurrency trading on a single exchange.
T+1 blocking - this is the blocking of assets for 24 hours after making a deal on the Binance exchange, preventing the withdrawal or sale of cryptocurrency.
Advertisement (order) - a request to buy or sell cryptocurrency published on the P2P market.
Appeal - in P2P exchanges, the appeals process is used to resolve misunderstandings between users during transactions.
Fixed price - an unchanging price in an advertisement to buy or sell cryptocurrency.
Glass - a list of orders to buy and sell cryptocurrency on the P2P market.
Acceptance - a person or group of people who accept money from you and perform the necessary actions, such as converting it into cryptocurrency.
115 Federal Law - this is Russian Federal Law 115, applied to bank users suspected of money laundering, often the main reason for card blocking by banks.
Inter-exchange arbitration - a type of arbitrage where multiple cryptocurrency exchanges are used for trading.
Taker - a person who buys cryptocurrency from already published ads.
Drop shippers - people who search for and sell drops for various needs.
“Pitupishniki” - people who are engaged in P2P.
Drops - These are people on whom bank cards are issued to increase turnovers in cryptocurrency arbitrage.
Cryptocurrency arbitration - This is a broader concept than P2P, describing earnings on the price difference of cryptocurrencies, including P2P arbitrage.
$25 welcome bonus to all new Binance users.
Lost password? No problem! Enter your email address to confirm your account.