What is the Best P2P exchange?

1. Binance P2P – Best P2P exchange (overall) The P2P functionality of Binance’s platform allows KYC-verified customers to trade cryptos for fiat currencies directly with a user rather than on the spot exchange. Buying P2P: Navigate to the P2P platform and select the crypto you want to purchase.

What is a P2P crypto trading platform?

P2P crypto trading platforms typically have lower liquidity than centralized exchanges. This means there may not always be someone available to match your trade order. As a result, you may have to wait longer to find a buyer or seller, which can, in turn, impact the price of the currency you're trying to buy or sell.

What is a peer-to-peer (P2P) crypto exchange?

Peer-to-peer (P2P) crypto exchanges are platforms that allow crypto-market participants to trade with each other directly. This means transactions are done exclusively between the buyer and the seller, with minimal to zero involvement from any third-party intermediary. How Does a P2P Exchange Work?

What is Bybit's P2P exchange?

Bybit's P2P exchange allows you to convert cryptocurrencies to a range of fiat currencies, including USD, for free. Using the Bybit P2P platform, you can post advertisements to buy or sell and trade with other traders quickly and safely.