This is the most important thing for beginners is how to buy or sell crypto by your local bank account or mobile wallet.
P2P trading:
Binance P2P :
Binance Peer-to-Peer system in the world is very big and secure . In Binance Peer-to-Peer there are thousands of verified merchants are available. You easily buy or sell crypto with 100% safety from local bank transfer, easypaisa, jazzcash. In Binance Peer-to-Peer escalation and dispute supports are very fast.
MEXC P2P:
Peer-to-Peer feature is also available on MEXC but in the comparison of Binance MEXC have low merchant and liquidity. Beginners have problem for cash out in local currency.
Result:
In Peer-to-Peer or local currency withdrawal Binance is the winner 🏆.
Security system:
In crypto security is very important because in crypto your hard money is also involved.
Binance security:
Binance is very big exchange in the world because they have billions of dollars in the secure assets funds for users in insurance fund. If the issue comes in this platform this platform give compensate the user. Their proof of reverse is 100% transparent.
MEXC security:
MEXC also publish the proof of reverse and the some previous years the record of security in this platform is very good but they have no big insurance backup like Binance.
Result:
If you want maximum safety, security and hold long term funds you use Binance because it is very trustworthy.
I share my person opinion with you so if you are low budget and save your trading fees and take entry in newly launch DePin, Al tokens and Altcoins you probably use MEXC global.
If you want heavy security or peer-to-peer or withdraw in local bank or jazzcash and if you want to safe investment in top 100 Cryptocurrencies you probably use Binance app.Also you take advantages from these two apps.
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