Introducing the Profit and Loss Statement On Binance P2P | Binance Blog (2024)

Main Takeaways

  • Binance P2P is a dedicated peer-to-peer (P2P) crypto trading platform that features the best liquidity, top-notch security, and access to over 700 payment methods and 100 fiat currencies.

  • P2P users can now get a comprehensive overview of their financial performance via our newly launched profit and loss (P&L) statement.

  • A P&L statement is a type of financial report that summarizes the revenue incurred during a specific period.

  • Users can also easily download their P&L statement if they wish.

We’ve created a P&L statement function in an effort to provide our users with an in-depth overview of their trades on Binance P2P.

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At Binance, we’re always looking for ways to improve our platforms and services to meet our users' needs. With the new profit and loss (P&L) statement, P2P users can now get a more comprehensive insight into their cash flow, gain a better understanding of the effectiveness of their trading strategy, and much more.

What Is a P&L Statement and When Can You Use It?

A profit and loss (P&L) statement is a type of financial report that shows the revenue and loss incurred during a particular period. P&L statements are typically used to evaluate a company’s financial performance.

On Binance P2P, the P&L statement gives users a complete overview of their buy and sell orders. P2P users can generate a snapshot of their trading activity across the coins and fiat they’ve bought or sold on the Binance P2P platform on selected dates.

The Purpose of Having a Binance P2P P&L Statement

The P&L statement, available on the Binance P2P platform, lets users view and download a historical record of their buy and sell orders. It can also be a helpful tool for sellers or merchants to evaluate their financial performance, and for users who need to efficiently access their trade history for taxation purposes.

Ready to start trading crypto? Buy and sell cryptocurrency safely and easily on Binance P2P!

Where To Find Your Binance P2P P&L Statement

1. Log in to your Binance account and go to the P2P homepage.Introducing the Profit and Loss Statement On Binance P2P | Binance Blog (2)

2. Select [Orders] on the right side of the main navigation bar, and select [P2P Order] on the dropdown menu.

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3. You will see the [Profit & Loss Statement] tab near the [Processing] and [All Orders] tabs.

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How To Generate a P2P P&L Statement on Our P2P Platform

To generate your P2P P&L statement, simply choose a coin, statement type, and desired date range on the search menu. Then click [Search] to view your statement.

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How To Download Your Binance P2P P&L Statement

1. Click on the download icon on the right side of the page.

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2. A pop-up window will appear on the screen, asking you to select the period for the statement.

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3. Choose or select your desired period and click [Export].

4. The status will be shown as “Exporting”. Click the [X] on the right corner of the pop-up window to exit.

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5. You’ll see another export task process icon beside the download button on your screen. Click on that button to see the download progress of your statement.

6. Once the status changes from “Exporting” to “Exported”, you can download the statement.

Get Started on Binance P2P

Find a secure and convenient way to trade crypto with Binance P2P! It supports over 100 fiat currencies and 700 cryptocurrencies around the world.

Best of all, users can benefit from Binance’s robust safeguards and dedicated customer support too. And now, with our newly introduced P&L statement function, merchants and sellers can get a detailed overview of their trades on the Binance P2P platform.

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To learn more about Binance P2P, check out these links:

Disclaimer: Your use of Binance P2P services and all information and other content (including that of third parties) included in or accessible from Binance P2P services is at your sole risk. Our only responsibility is to handle crypto transactions. All payments are final upon completion unless otherwise required by law. The Binance P2P platform has neither the right nor obligation to resolve any disputes arising from a completed payment. Neither the Binance P2P platform nor its merchants shall be responsible for any loss after a completed payment.

Introducing the Profit and Loss Statement On Binance P2P | Binance Blog (2024)

FAQs

How do I get a profit and loss statement from Binance? ›

You may view your profit and loss analysis from the Margin Wallet on the Binance website and App. 1. If you're using the Binance website, log in to your Binance account and go to [Wallet] - [Margin]. Select [Cross] or [Isolated] and choose a period to view your PNL.

How to make $100 dollars a day on Binance? ›

Invest a significant amount of capital: To earn $100 per day, you will need to invest a significant amount of capital upfront. This could mean investing tens or hundreds of thousands of dollars, depending on the performance of the asset you have chosen.

How do I get a Binance P2P statement? ›

How To Download Your Binance P2P P&L Statement
  1. Click on the download icon on the right side of the page.
  2. A pop-up window will appear on the screen, asking you to select the period for the statement.
  3. Choose or select your desired period and click [Export].
  4. The status will be shown as “Exporting”.
Jan 9, 2023

How do you profit from P2P Binance? ›

How to make more profit on Binance P2P
  1. Set competitive prices. When you post a buy or sell ad, make sure to set a competitive price. ...
  2. Offer multiple payment methods. ...
  3. Complete trades quickly and efficiently. ...
  4. Take advantage of price fluctuations. ...
  5. Use a trading bot.

How do I get my profit and loss statement? ›

The P&L statement can be found on a company's website and is one of the financial statements that public companies are required to issue by law to shareholders. 1. The P&Ls for different periods should be looked at in conjunction with the cash flow statement for a more accurate picture of a company's financial health.

How do I get a PDF statement from Binance? ›

How To Download Your Binance Account Holdings Statement
  1. Log in to your Binance account and hover over [Wallet] then click [Overview]
  2. Click [Account Statement]
  3. By default the current date will be set, here you can change it to your desired date.
  4. Click [Search]
  5. Click [Export]
Jan 18, 2022

Can I earn daily from Binance? ›

Daily Profit Potential: By utilizing Binance Auto Invest with the Dollar Cost Averaging strategy, you open the door to consistent daily earnings. Achieving $100 Daily: As your investments accumulate and the market trends favor growth, you could potentially achieve your goal of earning $100 in crypto daily.

How do you make fast profit on Binance? ›

Trading: This is the most common way to earn money on Binance, and it involves buying and selling cryptocurrencies to profit from changes in their prices. Trading can be risky, but it can also be very profitable if done correctly. Staking: Staking is a way to earn passive income with your cryptocurrencies.

Is Binance good for daily trading? ›

Yes . Binance is one of the largest and most popular cryptocurrency exchanges globally. While it offers various features for day trading, it's important to consider the security aspects before engaging in any trading activities on the platform.

How do I generate all statements in Binance? ›

Sign in to your Binance account and click on Wallet > Overview on the navigation bar. Next click on 'Transaction History' (in the top right corner) Now click on 'Generate all statements' (in the top right corner)

Does Binance provide monthly statements? ›

Each master or sub-account can generate up to 30 statements per month.

What is the daily PNL in Binance? ›

Your PNL (profit and loss) is floating until the trade is closed. You can have a floating loss of 100% and still end up closing the trade in profits, and vice versa. This is also applicable in spot trading; if the coin you invested in pumped to 200%, make sure to book some profits before flaunting your 2x PNL.

Can I make profit from Binance? ›

The best way to make money on Binance is to hold your cryptocurrencies for the long term. The cryptocurrency market is volatile, but it has trended upwards over time. * Don't be afraid to take profits. When your cryptocurrencies are doing well, don't be afraid to sell some of them to take profits.

How to make profit from USDT? ›

However, there are still ways to make money with USDT. For example, you can trade USDT on exchanges for other cryptocurrencies that may have more price volatility. Additionally, you can use USDT to provide liquidity on decentralized exchanges or to earn interest through lending platforms.

Is P2P crypto profitable? ›

In conclusion, P2P trading across exchanges presents a lucrative opportunity for individuals looking to maximize their profits in the cryptocurrency market.

How do I get a trading statement in Binance? ›

How to Generate Transaction History?
  1. Log in to your Binance account and mouseover the wallet icon. ...
  2. Mouseover the export icon and click [Export Transaction Records].
  3. Select the range, account, and coin you would like to display on the statement, then click [Generate].
Jul 5, 2021

What is profit and loss Binance? ›

Understanding the basics of PnL

PnL in crypto refers to the calculation of the profit or loss made on a cryptocurrency investment or trading position. It is a metric used to evaluate the financial performance of a trader or investor in the crypto market.

What is PNL on Binance? ›

Your PNL (profit and loss) is floating until the trade is closed. You can have a floating loss of 100% and still end up closing the trade in profits, and vice versa. This is also applicable in spot trading; if the coin you invested in pumped to 200%, make sure to book some profits before flaunting your 2x PNL.

How do I view my Binance trade history more than 3 months? ›

Click "USDⓈ-M Futures", and click "Export Complete transaction history". Specify the trade period and download the file. If you have traded for more than 3 months, repeat downloading while changing the period so that you can get all transaction histories.

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