On Binance P2P you see the top 20 ads on each side. The number that matters depends on how much you're trading — the visible 'best price' is often only good for a tiny clip.
Top-of-book vs effective price
If the best buy ad is ₹91.20 for 5,000 USDT and you want 20,000 USDT, you'll fill against the next 3-4 ads up — your effective price might be ₹91.35 or higher. Always read 'available' on each ad, not just the price.
Some platforms show a 'cumulative' depth chart; if not, sum the available amounts in your head as you scroll the ads.
What ad-size tells you
A merchant's ad size = their inventory commitment. ₹1 lakh-₹50 lakh ads from gold-tier merchants are normal. ₹50k ads from a brand-new merchant might be a tester listing.
Watch for stale ads: a merchant who's been offline for 4 hours but has a stale ad at the top of book may not actually fill. Check 'last seen' and 'avg release time' before clicking.
Limits matter
Each ad has min/max trade limits. A merchant with ₹50,000 minimum won't fill your ₹20,000 order. Filter by your trade size first.
Key takeaways
- Top-of-book price = good for small clips, not large ones.
- Sum cumulative ad depth before clicking the best ad.
- Check 'last seen' and 'avg release time' to avoid stale ads.
- Filter by your trade size — limits matter.
