Hello steemians welcome to another of my home work post in this not too easy week tow of writing and learning for me but i will still write because i love the challange.

I will be answering my homework to my best of knowlegde so let us get this started,

Explain how you set up your exchange niche in P2P Market(Binance or Huobi)- Market Maker/Advertiser?

with a few user encounter with Binance, i am aiming to take example of Binance for this assignment. To set P2P specialty on Binance, I'll take you to the main page of Binance app.

Binance page

Tap on P2P as shown over. A chance take note will show up . Examine it carefully than check it and proceed.
After checking hazard notice, you may arrive into advertisement page.
Following step is to turn on advertisement mode. For that tap on 3 dots at best right corner. A drop down menu will show up as appeared underneath.

click advertisement mode on

This is the comfirmation notice that will appear in the pic below.

The comfirmation notice

From the foot board of main page, tap on Advertisements as appeared underneath.

After clickiing post ad then this page will appear were you have to fill the following information has shown below

fill the gap

in this page insert total amount you was trading then order limit and note order limit must be lower and not higher than the money you have then add payment then payment time limit and after it is ok with you click next exactly like the below image shows.

In this page enter your terms and condition then the auto reply massage you want then check all the counterparty conditions then click neext after you like what you see.

Explain how you buy/sell USDT in the P2P Market of Binance or Huobi for fiat? (Screenshot needed)

So we have presently arrived at a point where I'll illustrate how i bought 2 USDT in P2P market. Open Binamce App , on the main page , press P2P and the taking after page will open.

The advert i wnt to buy from.

From the list of dealers accessible, select the one that matches your necessities.

the seller i selected.

Select the sum of USDT. I needed to buy 59 USDT . Check payment methods of dealer . So affirm that, on the off chance that you'll exchange funds through dealer chosen modes. A dealer can select up to 3 payment methods. Click on transfer the finance and pay through wanted mode . Once you've got completed sending payment, as it were at that point press " exchanged, following ". i paid funds by means of bank to the access bank account of the seller. Shortly after exchange of funds, 59 USST were discharged by dealer. I gotten coordinate message on my phone number. I than checked for completed exchanges.

How does escrow protection help a buyer and seller?

Let me tell you how this protect both buyers and sellers.

Escrow for buyers

In the event that a buyer places an order for cryptocurrency , the seller's cryptos get bolted ( escrowed) untill cryptos are discharged by him or order is cancelled by buyer. Another circumstance which will emerge, on the off chance that a buyer makes installment but dealer does not discharge the cryptocurrency, the buye can raise the issue with the Binance's client care service and they will confirm the claim . After affirming that the installment has been made, they will discharge the sum of cryptocurrency for which payments has been done from seller's escrowed deposits.

Escrow for sellers

On the off chance that a buyer places an order but doesn't make payment, the funds bolted (escrowed) on order arrangement are discharged by Binance's escrow service after completion of transaction time.

What are the different payment methods (fiat options) available in Binance or Huobi? (Choose any one exchange to demonstrate) Have you ever used any of the fiat payment methods to trade your USDT? Examples/Screenshot?

When looking for different payments methods in binance you have to go to settings the select payment methods.

After you access the page click on all payment method and this pictures below are all the payment method you will come across.

What is the minimum amount you can trade in the P2P Market(USDT) of Binance or Huobi? (Choose any one exchange to demonstrate)

As we are talking around Binance. The least sum must be exchanged on Binance Trade P2P is 10 USDT. It is really the brief coming of Binance. Huobi is invaluable over Binance in this matter, as there's no restrain set by Huobi. Dealers can set their claim limit.

Have you ever transferred TRC-20 USDT from Binance to Huobi and vice versa? How much cost do you save using Tron Network as compared to ERC-20 USDT?

No because i have not also i don't think TRC-20 is available in binance and that is the exchange i use as you can see in the image below .

Conclusion

I want to thank @sapwood for being the best professor because to solve his home works you have to go in deep and do your researches well without coping anyway thanks for reading.