Which is the best crypto exchange for P2P transactions ? - page 2.

BRINIRHA

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Quote from: fokinlipat on October 20, 2023, 09:01:59 AM

Which is the best crypto exchange for P2P transactions ? I am looking for a good alternative to Binance P2P.

I think for p2p on centralized exchanges currently Binance is still very good. I also often use p2p services if the amount of sales or purchases I make is only small. Because usually if I sell crypto and withdraw it to my account via a local exchange in my country, I will incur quite a large fee. So I avoid it if it's a small transaction. But in fairly large transactions I prefer to use local exchange services only.

My experience in P2P transactions on Binance is also quite comfortable and safe. I haven't encountered any significant problems while using it. Just choose users who have good ratings and have good reviews. and don't forget to look at the average transaction speed of these users. Because there are some users who are a little late in releasing or responding. And that can be a bit annoying.

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Do people still use P2P in person? I know it was big about a decade ago when Bitcoin was fairly new and there weren’t many bitcoin exchanges in certain countries. However these days it doesn’t seem like it’s worth the risk meeting a stranger and dealing with cash.

If you don’t want to KYC you can always use a bitcoin atm. Sure the fees are large but unless you are buying large sums it’s not a bad option for many. I also remember on localbitcoins there was fees also for P2P it wasn’t as low as a exchange. But not as high as a bitcoin atm.

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Quote from: Vaskiy on October 20, 2023, 06:44:42 PM

Quote from: n00ber on October 20, 2023, 06:29:13 PM

Quote from: fokinlipat on October 20, 2023, 09:01:59 AM

Which is the best crypto exchange for P2P transactions ? I am looking for a good alternative to Binance P2P.

I find that if we use P2P of centralized exchanges, it will be more convenient than P2P of decentralized exchanges. In my opinion, liquidity on decentralized exchanges is still not high, I tried once with bisq but finding currency buyers and sellers in my country is quite inconvenient. There aren't too many options for me, whereas on Binance, I can easily choose traders with many different prices.

To be fair, CEX offers a better experience but the issue is privacy and people who don't care about that should stay at CEX. For those who value privacy and identity, DEX is definitely the choice but will be quite more inconvenient than CEX.

Yes, for users who doesn't care about the privacy binance provides with the best P2P transaction. It have got the P2P trade with zero fee which is really good and it is possible to see good number of buyers and sellers which makes trading more easier. Not every centralized exchanges provide with the best experience, binance is good in it. Over time binance had been adding more and more features enabled to the P2P transaction making trading simple.

Earlier majority of the people prefer localbitcoins and the shutdown is completely unexpected. Even myself use it, now while checking the price and the profit margin between the two platforms binance is very competing with better price and margin.

Indeed, although we cannot guarantee our identity when using centralized exchanges, it cannot be denied that centralized exchanges are providing better services than what DEXs provide. From liquidity to transaction fees...CEX always has the upper hand compared to DEX and that is why even when many CEXs collapsed causing hundreds of billions of dollars in losses, there is still a large number of users. No matter how much we hate CEX, I think it is difficult for us to stop depending on them when DEX still cannot provide superior features like CEX.

Yamane_Keto

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Bisq is your best option, but the problem is always finding the necessary liquidity or having someone to do the deal with you. If you are prepared to wait, it is the best solution. Otherwise, searching through several P2P sites would be the best. The advantage of Binance is the presence of a large number of user base, which makes executing transactions faster.

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Quote from: n00ber on October 20, 2023, 06:29:13 PM

Quote from: fokinlipat on October 20, 2023, 09:01:59 AM

Which is the best crypto exchange for P2P transactions ? I am looking for a good alternative to Binance P2P.

I find that if we use P2P of centralized exchanges, it will be more convenient than P2P of decentralized exchanges. In my opinion, liquidity on decentralized exchanges is still not high, I tried once with bisq but finding currency buyers and sellers in my country is quite inconvenient. There aren't too many options for me, whereas on Binance, I can easily choose traders with many different prices.

To be fair, CEX offers a better experience but the issue is privacy and people who don't care about that should stay at CEX. For those who value privacy and identity, DEX is definitely the choice but will be quite more inconvenient than CEX.

Yes, for users who doesn't care about the privacy binance provides with the best P2P transaction. It have got the P2P trade with zero fee which is really good and it is possible to see good number of buyers and sellers which makes trading more easier. Not every centralized exchanges provide with the best experience, binance is good in it. Over time binance had been adding more and more features enabled to the P2P transaction making trading simple.

Earlier majority of the people prefer localbitcoins and the shutdown is completely unexpected. Even myself use it, now while checking the price and the profit margin between the two platforms binance is very competing with better price and margin.

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Quote from: fokinlipat on October 20, 2023, 09:01:59 AM

Which is the best crypto exchange for P2P transactions ? I am looking for a good alternative to Binance P2P.

I find that if we use P2P of centralized exchanges, it will be more convenient than P2P of decentralized exchanges. In my opinion, liquidity on decentralized exchanges is still not high, I tried once with bisq but finding currency buyers and sellers in my country is quite inconvenient. There aren't too many options for me, whereas on Binance, I can easily choose traders with many different prices.

To be fair, CEX offers a better experience but the issue is privacy and people who don't care about that should stay at CEX. For those who value privacy and identity, DEX is definitely the choice but will be quite more inconvenient than CEX.

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Quote from: fokinlipat on October 20, 2023, 09:01:59 AM

Which is the best crypto exchange for P2P transactions ? I am looking for a good alternative to Binance P2P.

I bet binance is the best when it comes to p2p transactions due to its lots of available merchant/ads and easy to transact platform but on the other hand you need to pass the required kyc. If you are referring to dex i'll suggests of these as well... Well, it's most recommended DEX.

Quote from: Aanuoluwatofunmi on October 20, 2023, 09:27:04 AM

decentralized exchange
https://bisq.network/
https://localcryptos.com/
https://hodlhodl.com/

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Quote from: fokinlipat on October 20, 2023, 09:01:59 AM

Which is the best crypto exchange for P2P transactions ? I am looking for a good alternative to Binance P2P.

Actually, in my opinion, Binance is good and there is nothing wrong with P2P there.

However, if you are looking for somewhere other than Binance then I would suggest
1. Bybit
2. OKEx
3. Kucoin
4. Bitcointalk (you can use this forum to find someone who provides P2P services)

Or you can look for other alternatives on local exchanges in your area. I'm sure if Bitcoin is popular in your area, you will find it very easy to find P2P services.

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Quote from: fokinlipat on October 20, 2023, 09:01:59 AM

Which is the best crypto exchange for P2P transactions ? I am looking for a good alternative to Binance P2P.

Binance is the most popular centralised exchange today. If you want the greatest experience for simply p2p services, I believe Binance is the one to use. If you wish to use it for something else, many people have recommend KuCoin which is also good. It's an excellent platform, and I have a lot of trust in their security system. Unless you do not want centralised exchanges, you can experiment with the alternative decentralised exchanges mentioned above.

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Quote from: fokinlipat on October 20, 2023, 09:01:59 AM

Which is the best crypto exchange for P2P transactions ? I am looking for a good alternative to Binance P2P.

Right now, the platforms I use when it comes to p2p transactions are Okx and Binance. And so far, my experience with them has been good and smooth. I've been using them for quite some time now that I'm converting crypto to our fiat currency here.

Especially Binance; it's been used for me. Hopefully, there will be more P2P platforms that provide such facilities for exchanges. But I haven't tried P2P Uniswap, Bisq, or Hodl Hodl. Have any of you tried them?

aoluain

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I am currently using two P2P platforms

PeachBitcoin.com > ://bitcointalk.org/index.php - KYC free but with a limit of €1000 per day.
For selling BTC I found Peach a bit easier or convenient that HodlHodl. I access Peach through
the smartphone app. This platform is new to the market in 2023.

and
HodlHodl.com - on HodlHodl I am finding the transaction speeds to be a good bit faster
than Peach, or maybe its the escrow release times are quicker, either way they seem to be
quicker, I have 2 pending buy trades on Peach for over 12 hours now, no such issues
with HodlHodl

Both I find really good but I am presently in BUY mode and find it a bit more frustrating than
selling. I found both platforms very easy to sell but now the sell prices which I want to buy
are fairly well inflated but that is nothing to do really with the platforms themselves.

Just my 2satoshi's on those 2 above

bitzizzix

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There are actually many P2P (peer-to-peer) exchanges for buying crypto, and the best one for you will depend on its security and convenience as well as the specific needs and preferences of its users.
OP should do research and study first before choosing a P2P exchange that he thinks is good and suits his needs. Because everyone already has an exchange that they trust and believe is the best in every way, and I personally still trust the two P2P exchanges that I think are the best, namely Bitget and Binance.

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Quote from: DeathAngel on October 20, 2023, 02:29:32 PM

Quote from: BitcoinBarrel on October 20, 2023, 09:18:32 AM

SInce Paxful and LocalBitcoins closed down, people moved over to LocalCoinSwap.com

I never used Paxful but was an avid LocalBitcoins user, it was sad that they stopped offering services. I assume it was regulatory red tape but not certain. I will take a look at LocalCoinSwap, I have never heard of it before. Do you have positive experiences using them?

Yes, I trade with a lot of the same people that were on LB and Pax. Similar concept as LocalBitcoins, but the site never holds the funds. You deposit into your own wallet, and send the funds to seller's wallet, which is monitored by the site. You have to pay extra for the transaction fees, and it takes a little longer, but it's secure and safe.

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Quote from: BitcoinBarrel on October 20, 2023, 09:18:32 AM

SInce Paxful and LocalBitcoins closed down, people moved over to LocalCoinSwap.com

IIRC, Paxful came back but even so, I wouldn't use this type of service that has announced closure before then came back to life after a month.
Paxful restarts marketplace operations for the first time since April

Quote from: Texac on October 20, 2023, 09:35:27 AM

If you already use Binance P2P, one of the best centralized exchanges we have, why would you want to find an alternative? if you are thinking of looking for another centralized exchange then I think there will be no better solution than Binance.

There are times when we tend to find something better if the current one that we use in P2P trade isn't good enough for us. I guess there's no reason behind that but just to find a better or just another platform where he can trade.

The Cryptovator

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I am curious to know your concern about Binance p2p exchanges. If it's related to KYC verification, then most centralised cryptocurrency exchanges are now asking for KYC. Those who aren't asking now might ask very soon. So you have to find a decentralised p2p cryptocurrency exchange. You may find some exchanges that've been mentioned by other users. Better share your concern here, so we may prefer a suitable solution for you. Besides that, you may use the forum currency exchange section for P2P sales. Just make sure to use an escrow service if the buyer or seller isn't trusted enough.

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Quote from: fokinlipat on October 20, 2023, 09:01:59 AM

Which is the best crypto exchange for P2P transactions ? I am looking for a good alternative to Binance P2P.

Binance is by far the best exchange for p2p transactions but in this case you want another exchange that's a good alternative of Binance. Since you're trying to find an alternative of Binance P2P so I decided to share the one that's the best one after Binance p2p. The exchange is named as OKX and it's by far the best alternative of Binance p2p. You can easily trade p2p on this exchange and surely there will be many sellers and buyer that accept the fiat currency of your country.

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Quote from: BitcoinBarrel on October 20, 2023, 09:18:32 AM

SInce Paxful and LocalBitcoins closed down, people moved over to LocalCoinSwap.com

I never used Paxful but was an avid LocalBitcoins user, it was sad that they stopped offering services. I assume it was regulatory red tape but not certain. I will take a look at LocalCoinSwap, I have never heard of it before. Do you have positive experiences using them?

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Quote from: fokinlipat on October 20, 2023, 09:01:59 AM

Which is the best crypto exchange for P2P transactions ? I am looking for a good alternative to Binance P2P.

I was going to write Binance, but other than Binance, I will say, the answer will be based on your location, but if you can use Binance in your country, then I think you can use any other exchange in your country too (which is also not very true in some cases like Binance works in my country and probit and wazir don't).

Well, you solely mentioned a centralized exchange, so I will say you can try any of the following: But you have to find the one that works in your country, as if they don't, then your KYC will be rejected.

Coinbase
Kraken
KuCoin
ByBit
OKX

These are the top 5 exchanges after Binance, which have the most trading volume and trust in the market, and if you want to go for a decentralized exchange, then you should check the following thread out.

[BIG LIST] Buy/Sell Crypto (OTC, P2P, DEXs, CEXs, NO-KYC, ATMs, etc.) by Ratimov

EL MOHA

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Quote from: Texac on October 20, 2023, 09:35:27 AM

If you already use Binance P2P, one of the best centralized exchanges we have, why would you want to find an alternative? if you are thinking of looking for another centralized exchange then I think there will be no better solution than Binance. but if you start to care about privacy then you can use kycnot.me as mentioned by Zaguru12. It offers a lot of options, you can choose any exchange you like. in addition, there is a note that the liquidity of decentralized exchanges cannot be greater than the liquidity of centralized exchanges, if you need to trade large amounts of money, you should consider carefully.

Binance might be the biggest centralized exchange but there are people that actually prefer using other centralized exchanges most especially the P2P transactions, I have heard of people that prefer KuCoin to binance. Also OP might be from a country where binance is restricted to use because of regulatory issues like the binance US and as such could seek another centralized exchange as an alternative

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Quote from: fokinlipat on October 20, 2023, 09:01:59 AM

Which is the best crypto exchange for P2P transactions ? I am looking for a good alternative to Binance P2P.

If you already use Binance P2P, one of the best centralized exchanges we have, why would you want to find an alternative? if you are thinking of looking for another centralized exchange then I think there will be no better solution than Binance. but if you start to care about privacy then you can use kycnot.me as mentioned by Zaguru12. It offers a lot of options, you can choose any exchange you like. in addition, there is a note that the liquidity of decentralized exchanges cannot be greater than the liquidity of centralized exchanges, if you need to trade large amounts of money, you should consider carefully.

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