Top 11 P2P Crypto Exchanges

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Peer-to-peer (P2P) crypto exchanges have popularised the method of allowing crypto traders to trade directly with each other without the need of a middleman or third party to facilitate the transaction. In this article, we’ll talk about the top 11 P2P crypto exchanges.

1. Bybit
   THE WHAT?

• Bybit allows traders from worldwide to trade with leverage for a higher profit margin

• Bybit’s P2P platform facilitates the purchasing and selling of two users’ shares at an optimal, agreed-upon price, with more than 80 payment methods supported

• Debit cards, credit cards, in-person cash payments, and other options are available

2. Binance 
THE WHAT?

• Binance allows users to buy nearly 60 different cryptocurrencies, including Litecoin, Chainlink, and Dogecoin

• Furthermore, while there are no taker fees when trading P2P on Binance, this P2P altcoin exchange does charge a maker fee of up to 0.35 %

• Binance is primarily utilized by P2P enthusiasts worldwide who want to purchase and trade a variety of cryptocurrencies

3. WazirX
THE WHAT?

• WazirX P2P allows you to buy and sell $USDT for Fiat with other buyers and sellers directly

• It’s available 24 hours a day, 7 days a week

• P2P allows you to do two simple things

• Buy $USDT via P2P and then use that $USDT to buy other cryptos on WazirX if you wish to bring Fiat to trade cryptos

• Sell your cryptos for $USDT, then sell that $USDT for Fiat via P2P if you wish to move Fiat to your bank account

4. Huobi
THE WHAT?

• Huobi Global’s peer-to-peer (P2P) market allows users to buy cryptocurrency directly from other users

• Huobi Global is available in over 130 countries around the world, but not in the United States or Japan

• Huobi Global provides fee reductions to Huobi Token ($HT) holders

5.Paxful
THE WHAT?

• Biometric data is provided by users as part of the verification process, which increases transaction security

• Paxful charges fixed costs for a variety of tasks, but buying cryptocurrency is always free

• Sellers must pay a fee ranging from 0.5 to 5%, depending on the currency

6. LocalBitcoins
THE WHAT?

• LocalBitcoins provides a quick option for people to purchase cryptocurrencies

• Local bitcoin aims to match local buyers and sellers, allowing for face-to-face encounters for those who are interested

• Charging all sellers a flat 1% fee on all sales

• Transferring to the wallets of other LocalBitcoins members is free

7. Remitano
THE WHAT?

• Remitano allows users to sell and purchase digital tokens, including its own $RENEC coin

• For sophisticated transactions, traders can also use a margin account

• Remitano has helpful online customer service available 24/7 and has the lowest fees compared to the market’s big competitors

8. KuCoin
THE WHAT?

• For non-American traders looking to upgrade to a more complex trading platform with additional features, KuCoin is one of the finest P2P crypto exchanges

• You can even earn interest on your cryptocurrency while it remains in your wallet

• one out of every four crypto users has some assets on the site, implying that there is a large pool of buyers and sellers to trade with for enhanced liquidity

• The cost of a transfer is determined by the currency and the third-party app used

9 Coindirect
THE WHAT?

• Coindirect is one of the top P2P crypto exchanges for investors with tiny sums to spend, with a minimum deposit of only $1

• There are no additional transaction fees, which means you’ll be able to trade with a larger profit margin

10. LocalMonero
THE WHAT?

• The majority of individuals use LocalBitcoins

• Cryptocurrency ATMs can also help, though not always with altcoins, and their fees are frequently prohibitively high

• LocalMonero is a new service that provides the ease of LocalBitcoins to Monero users

• It’s an intriguing concept that will almost surely help propel anonymous cryptocurrency to new heights of market acceptance

11. Gemini
THE WHAT?

• They’re referring to the Gemini Clearing portal in particular

• It allows you to access over 50 cryptocurrencies and charges fees based on the spread

• With no minimum order size and anonymous settlement, it’s one of the greatest peer-to-peer crypto exchanges for both new and seasoned crypto investors and traders

DISCLOSURE:

None of these articles constitutes financial advice. Articles are highly summarised to make it easy for the reader and save your time, so please DYOR further before putting your hard-earned money into any product mentioned.
Please note that the tech industry evolves rapidly and the info in this article is correct at the time of publishing. As Heraclitus said, “Change is the only constant”, so if anything sounds old or off please holler on the socials or comment here so everyone stays peeled.
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