Binance P2P · USDT/SAR 🇸🇦
The live Binance P2P USDT/Saudi Riyal market across 30 payment methods. Cheapest BUY: 3.88 · highest SELL: 3.88 · spread 0.00%.
Payment methods · Binance USDT/SAR
| # | Payment method | Buy price | Sell price | Buy ads | Sell ads | Activity 24h |
|---|---|---|---|---|---|---|
| 1 | BANK | 3.89 | 3.88 | 135 | 351 | 8.4K |
| 2 | AlRajhiBank | 3.89 | 3.88 | 115 | 321 | 8.2K |
| 3 | stcpay | 3.88 | 3.86 | 104 | 221 | 5.3K |
| 4 | barq | 3.91 | 3.88 | 113 | 167 | 6.8K |
| 5 | SaudiNationalBank | 3.89 | 3.85 | 94 | 169 | 5.7K |
| 6 | urpay | 3.90 | 3.87 | 98 | 165 | 5.4K |
| 7 | AlinmaBank | 3.89 | 3.87 | 57 | 120 | 4.5K |
| 8 | RiyadBank | 3.89 | 3.84 | 33 | 61 | 2.6K |
| 9 | alinmapay | 3.92 | 3.86 | 47 | 40 | 2.3K |
| 10 | mobilypay | 3.90 | 3.85 | 45 | 36 | 2.1K |
| 11 | SABB | 3.90 | 3.82 | 24 | 30 | 2.1K |
| 12 | Specific Bank | 3.90 | 3.87 | 15 | 32 | 686 |
| 13 | ArabBank | 3.94 | 3.85 | 9 | 27 | 545 |
| 14 | Ahlibank | 3.99 | 3.82 | 5 | 25 | 213 |
| 15 | BankAlbilad | 3.95 | 3.88 | 8 | 13 | 406 |
| 16 | Skrill | 4.05 | 3.83 | 7 | 9 | 181 |
| 17 | Cashapp | 3.98 | 3.82 | 1 | 9 | 77 |
| 18 | BankTransferMena | 4.40 | 3.80 | 1 | 6 | 59 |
| 19 | Alipay | 4.40 | 3.81 | 1 | 3 | 42 |
| 20 | GPay | — | 3.50 | 1 | 2 | 3 |
| 21 | — | 3.85 | 1 | 2 | 7 | |
| 22 | MoneyGram | 3.99 | — | 1 | 1 | 2 |
| 23 | BENEFITPAY | — | 3.87 | 1 | 1 | 9 |
| 24 | CIHBankNew | — | 3.81 | 1 | 1 | 5 |
| 25 | IMPS | — | 3.50 | 1 | 1 | 5 |
| 26 | LivKSA | — | 3.85 | 1 | 1 | 2 |
| 27 | ADCB | 4.88 | 3.35 | 1 | 1 | 63 |
| 28 | Perfect Money | — | 3.77 | 1 | 1 | 2 |
| 29 | Pyypl | — | 3.01 | 1 | 1 | 2 |
| 30 | Western Union | 3.99 | 3.78 | 1 | 1 | 25 |
About Binance USDT/SAR P2P trading
Binance's USDT/SAR market is the live peer-to-peer book for Saudi Arabia-based users buying and selling Tether directly via local rails. The current cheapest BUY is 3.88 and the highest SELL is 3.88, a 0.00% spread across 2.7K active ads. USDT/SAR typically trades ~1% over the official forex rate — SAR is pegged to USD at 3.75 — premium is essentially merchant spread. Saudi Arabia's regulatory ambiguity adds modest friction..
Across this market, 30 payment rails are currently quoted. BANK, AlRajhiBank, stcpay carry the most ad volume; the table above ranks every active rail by total 24h activity. Deepest liquidity globally across 60+ fiats.
Regulator in Saudi Arabia: Saudi Central Bank (SAMA) has not formally licensed crypto exchanges. Trading is in regulatory grey zone — not formally banned, not formally regulated. The Saudi Vision 2030 reform agenda has signalled increasing openness to fintech.. Tax: No personal income tax in Saudi Arabia. To trade, open Binance P2P, filter by your preferred rail, and pick a merchant with completion rate ≥98% and order count ≥1,000. Don't include "crypto" or "USDT" in payment notes.
Saudi Riyal P2P context
Typical USDT/SAR premium: ~1%. SAR is pegged to USD at 3.75 — premium is essentially merchant spread. Saudi Arabia's regulatory ambiguity adds modest friction.
Tax in Saudi Arabia: No personal income tax in Saudi Arabia. 15% VAT applies on certain transactions but not on crypto principal. Zakat (2.5%) is religiously required for Muslim citizens on qualifying assets including crypto holdings.
Regulator: Saudi Central Bank (SAMA) has not formally licensed crypto exchanges. Trading is in regulatory grey zone — not formally banned, not formally regulated. The Saudi Vision 2030 reform agenda has signalled increasing openness to fintech.
What Binance brings to the SAR market
Deepest liquidity globally across 60+ fiats. Merchant-tier scheme rewards completion rate, order count, and dispute-free history with priority placement. Fastest settlement on majors thanks to the largest merchant pool.
Fees + KYC: 0% maker fee for verified merchants; 0% taker fee on most markets. KYC required (Lite + Full tiers). FIU-IND registered (India), VARA registered (UAE), MiCA-compliant (EU).
Frequently asked questions
What is the live Binance P2P USDT/SAR rate?+
As of the most recent Binance sync, the cheapest BUY price is 3.88 and the highest SELL price is 3.88 across 30 active payment methods. The full per-payment-method breakdown is in the table above.
What payment methods does Binance support for SAR?+
Binance currently supports 30 active payment methods for USDT/SAR: BANK, AlRajhiBank, stcpay, barq, SaudiNationalBank, urpay, plus 24 more. Different rails have slightly different prices because they carry different settlement risk and time costs.
Is USDT/SAR trading legal in Saudi Arabia?+
Grey area. Saudi Central Bank (SAMA) has not formally licensed crypto exchanges and has issued occasional warnings about crypto risk, but trading is not explicitly banned. Active retail P2P markets exist. The Saudi Vision 2030 reform agenda has signalled increasing openness to fintech, with formal regulation expected.
Are crypto gains taxed in Saudi Arabia?+
No personal income tax for individuals — Saudi Arabia has no general personal income tax regime, so crypto gains are untaxed at the personal level for citizens and residents. Zakat (2.5% religious wealth tax) applies for Muslim citizens on qualifying assets, which may include crypto holdings.
Is Binance P2P available in my country?+
Binance P2P is available in 100+ countries including India (FIU-IND registered, all features active), the UAE, Russia, Turkey, Nigeria, and the EU under MiCA. The US-restricted access since 2023; Binance.US doesn't offer P2P. Always check the country-availability list in your account settings.
How does Binance P2P merchant tiering work?+
Merchants earn tiered status (Verified Merchant, then promotional tiers) based on 30-day completion rate (≥80%), order count, dispute rate, and KYC level. Higher tiers get priority placement in ad rankings and lower fees. Retail users can become Verified Merchants by application.
How does OpenRate get this Binance SAR data?+
For Binance we crawl their public P2P API every 60 seconds and write merchant-level ad data to our Postgres. The aggregate per-payment-method numbers above are reconciled against p2p.army's TOP1 snapshot every 30 minutes.