P2P Crypto Trading - Which Platform Do You Use & Why?

Findingnemo

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Quote from: royalfestus on November 22, 2022, 05:46:29 AM

Can you tell me about the best P2P platforms currently available in Canada, the United States, and the United Kingdom?
considering
- Security
-Speed
-Privacy
-Number of currency
-Acceptability

Localbitcoin have sellers for USD but their prices are premium than the market price and you can't see the bank payment mode so the only possible way is to use digital payment wallets which is less secure and prone to chargebacks. Binance.US has p2p with zero trading fee so its the best option for US customers at the moment but they have to compromise their privacy.

ShowOff

legendary

Activity: 2618

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Quote from: Asiska02 on November 23, 2022, 10:38:05 AM

Aside from Binance, I haven't used any other peer-to-peer cryptocurrency exchange. The service is extremely fast, and I have never experienced a problem or a loss of funds. Binance already has a very excellent reputation in the cryptocurrency exchange business, and they are working hard to maintain this reputation among other cryptocurrency exchanges. Also, if you follow their disclaimer regulations on p2p transactions, you won't have any problems or issues with the person you're selling your coins to, so be cautious and diligent when using such services anywhere.

Binance only facilitates users to trade their assets on a P2P basis, but any secure transactions are your own responsibility because knowing the reputation of the trader and the way to make secure transactions is entirely your responsibility. You are safe if you understand how it works and know how to minimize any loss or loss, so it is good to remain vigilant by only doing things as recommended and not doing what could actually put you at risk of losing.

Asiska02

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Aside from Binance, I haven't used any other peer-to-peer cryptocurrency exchange. The service is extremely fast, and I have never experienced a problem or a loss of funds. Binance already has a very excellent reputation in the cryptocurrency exchange business, and they are working hard to maintain this reputation among other cryptocurrency exchanges. Also, if you follow their disclaimer regulations on p2p transactions, you won't have any problems or issues with the person you're selling your coins to, so be cautious and diligent when using such services anywhere.

NedvedCrypto

newbie

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Merit: 0

Quote from: tbct_mt2 on August 27, 2021, 08:53:18 PM

Peer to peer trade is risky and something you have to note for your trades.

- Scammers tend to create offers that are too good to be true. Who don't want to have as much profit as possible? But please remember that "too good to be true" offers are likely from scammers and very new accounts.
- You must be double or tripple careful when you consider a trade with new account
- Don't release your crypto before you receive payment transaction from your trade partner. Crypto transaction is irreversible, so if you release your coin, you lose it
- To avoid scammers who do money laundering, avoid trade partners who only or mostly have trades in bank transfers, credit cards. Only buy, not sell or mostly buy and very little sell.

That is absolutely true. You need to be very careful if you are any p2p trading platforms, because there are many scammers there. Always check the rating of the trader and do not choose those one who has negative comments/rating. It makes to use the bigger platforms like Paxful, LocalBitcoins or Binance P2P.

royalfestus

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Quote from: gunhell16 on November 22, 2022, 07:20:45 AM

In the few months I've been using p2p exchange platforms Binance and Houbi, so far I don't see any problem using it, but many others can also be used, I haven't even tried it yet.

But for now, these two are enough for me because the transaction I do is fast when it comes to withdrawal activity. And I can say that it has been tested and can say if Binance and Houbi are also recommendable.

Can these two platforms be used in Canada, the USA, and the UK? Binance US is known to me, but I can't tell if it's a good P2P platform.

gunhell16

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Activity: 1666

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In the few months I've been using p2p exchange platforms Binance and Houbi, so far I don't see any problem using it, but many others can also be used, I haven't even tried it yet.

But for now, these two are enough for me because the transaction I do is fast when it comes to withdrawal activity. And I can say that it has been tested and can say if Binance and Houbi are also recommendable.

royalfestus

hero member

Activity: 2464

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Can you tell me about the best P2P platforms currently available in Canada, the United States, and the United Kingdom?
considering
- Security
-Speed
-Privacy
-Number of currency
-Acceptability

doremonchina

jr. member

Activity: 210

Merit: 1

I m using this p2p plate form in binance since 2 years this plate form is very easy to use and the main thing is that you sell and buy currency is very securely and lots of agents available in different rate and limits.
I also like this p2p plate form and recommended to you to use and keep secure from any kind of scam

jaberwock

legendary

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Quote from: Blockrocks on August 25, 2021, 06:43:26 AM

Which P2P crypto trading platform do you use and why? I'd love to know about the ones you have used and your experiences with them.

Also, I'd like to know why you choose to use P2P rather than exchanges etc.

I have not really used a lot of P2P cryptocurrency trading exchanges. So far I’ve only been able to make use of two of the P2P crypto exchange and they are Binance.com P2P exchange and paxful.com. I think this exchanges has a few advantages over centralized exchanges. some of the advantages you are going to get in making use of decentralized/P2P exchanges is that you have to pay less fees when you are trading your coins, next is that there are lots of payment methods available on these exchanges. Apart from these I don’t think there are much difference between them and centralized exchanges.

Tony116

legendary

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DGbet.fun - Crypto Sportsbook

Binance p2p is my choice, although it is centralized but I feel safe trading here. I can change to local currency almost instantly with almost no problem. But I advise you, trade many times with a small amount do not trade 1 time with a large amount to avoid unforeseen risks.

justdimin

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www.Crypto.Games: Multiple coins, multiple games

Quote from: Blockrocks on August 25, 2021, 06:43:26 AM

Which P2P crypto trading platform do you use and why? I'd love to know about the ones you have used and your experiences with them.

Also, I'd like to know why you choose to use P2P rather than exchanges etc.

I personally do not use any P2P platform myself anymore but I am in a telegram chat that does exactly that. People write what they want, it could be any coin and it could even be any fiat if you want to, usually our national fiat honestly because it is a local thing. So, people write like "I want 5 bnb for 5000 fiat in x town" and others reply to that person if they agree or if not then it is just ignored. They even started a reddit subreddit as well to write there as well sometimes, specially announcements.

It has worked great so far, they even have "level" type of stuff where if you are a person who has done many trades p2p in that chat and you are a person who is known good enough, then you get higher level and you can trade a lot easier and tell people you are trustworthy. We have crypto exchanges so it is not really that common, but that chat is definitely used a lot.

michellee

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Quote from: Blockrocks on August 25, 2021, 06:43:26 AM

Which P2P crypto trading platform do you use and why? I'd love to know about the ones you have used and your experiences with them.

Also, I'd like to know why you choose to use P2P rather than exchanges etc.

Thanks in advance everyone. Grin

Now, I use Binance P2P to sell my coin to my fiat currency and I also use Binance to trade occasionally. I do not use the other exchanges to trade normally or P2P crypto trading because I feel comfortable using Binance and I do not have a problem until now. About the rate, I do not think much about that because I am sure that every exchange will have a gap in the rate and I think every exchange will have advantages and disadvantages for that.

doomloop

hero member

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Quote from: Blockrocks on August 25, 2021, 06:43:26 AM

Which P2P crypto trading platform do you use and why? I'd love to know about the ones you have used and your experiences with them.

Also, I'd like to know why you choose to use P2P rather than exchanges etc.

P2P exchanges are not really my thing, at first I was making use of centralized exchanges. But then later cryptocurrency trading was banned by the central bank in my country, that’s when I had to switch to P2P trading. I know a lot of P2P exchanges, and so far I have only used two and have no plans making use of any other now because the ones I am using a working well for me.

I make use of Binance P2P and I also make use of Paxful exchange. Among the two Paxful seems to be easier for me to understand, that being that they focus only on P2P, while Binance has a lot of features and not straight to the point and that makes it a little bit hard to understand.

adeyemirichard71

newbie

Activity: 25

Merit: 1

I used Binance P2P it so fast and we'll organise and smoothly in my local exchange.
ALL you just need is that make sure your account is verify and start trading P2P easy to use and exchange to your local.

RokokGudangGaram

full member

Activity: 966

Merit: 102

I use LocalBitcoins and Paxful for most of my p2p trades both of them have great security and reputation the cons of this is that there's only a limit with transaction for not verified users so in other words you need to pass kyc documents in order to trade bigger amount of money.

I use p2p trade sometimes for a much easier way to withdraw my money, for example direct from the bank or similar to that.

TimeTeller

hero member

Activity: 2744

Merit: 588

Quote from: chaser15 on September 06, 2021, 06:29:27 PM

Using Binance P2P for a year now.

I wonder why there's a scam here where you can check details first before the approval. Binance P2P is safe and their automatic escrow is good. The rates was also good compare straight dealing with an exchange.

Binance P2P also supports lots of fiat currencies. This exchange really giving us all the advantages.

Been using also the Binance P2P for quite a while now and really no problem or issue at all.
You are correct, if you will compare the rates with your local exchange in terms of converting your crypto to your local fiat, they are a lil bit better.
Before, I was hesitant to use it but found out, it is very easy to use this service.
They are indeed innovating their services to cater the needs of crypto users.

chaser15

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Using Binance P2P for a year now.

I wonder why there's a scam here where you can check details first before the approval. Binance P2P is safe and their automatic escrow is good. The rates was also good compare straight dealing with an exchange.

Binance P2P also supports lots of fiat currencies. This exchange really giving us all the advantages.

shohag999

newbie

Activity: 1288

Merit: 0

I like binance p2p platform,because their good interface and security.I already trade with local currency.Everything is good in their platform.

coupable

hero member

Activity: 2338

Merit: 757

Quote from: sarmrakib on September 06, 2021, 09:53:17 AM

Quote from: Blockrocks on August 25, 2021, 06:43:26 AM

Which P2P crypto trading platform do you use and why? I'd love to know about the ones you have used and your experiences with them.

Also, I'd like to know why you choose to use P2P rather than exchanges etc.

Thanks in advance everyone. Grin

I think most of the reply will be Binance P2P .I think it is the best Platform trade on P2P .I am using its for long time without having a single issue .I use it cause it is so easy to use and i can find the lots of payment method to exchange my crypto in my local currency .I think it is the best exchange for P2P for it security and smooth transaction .So i always suggest to you all to try it for once and get how easy it is .

Most of the replies are binance P2P as it has an expanding growth which reach almost all the world, so easy to find a local seller using binance P2P too. If at anytime i have to to find with whom to trade locally, i would definetly pick one from binance P2P .
Actually, i don't use any P2P platform but i can confirm that localbitcoins.com and localcryptos are safe space for P2P trades. Paxful is a good choice as well. Except for localcryptos, other P2P platforms require an ID verification by KYC .

sarmrakib

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Activity: 1292

Merit: 101

Vave.com

Quote from: Blockrocks on August 25, 2021, 06:43:26 AM

Which P2P crypto trading platform do you use and why? I'd love to know about the ones you have used and your experiences with them.

Also, I'd like to know why you choose to use P2P rather than exchanges etc.

Thanks in advance everyone. Grin

I think most of the reply will be Binance P2P .I think it is the best Platform trade on P2P .I am using its for long time without having a single issue .I use it cause it is so easy to use and i can find the lots of payment method to exchange my crypto in my local currency .I think it is the best exchange for P2P for it security and smooth transaction .So i always suggest to you all to try it for once and get how easy it is .

Topic: P2P Crypto Trading - Which Platform Do You Use & Why? (Read 384 times)