Sell on P2P Market

How can I sell cryptocurrency on the P2P Market

Selling cryptocurrency on P2P Market is an easy and convenient way to withdraw funds directly to your card or any other payment service.

You can sell cryptocurrency on P2P Market in the following ways:

  • By responding to a buy ad;
  • By creating a sale ad.

The commission for selling cryptocurrencies on P2P Market is 0.9%. Only successful transactions are subject to commission.

How do I respond to a purchase ad

To respond to a purchase ad:

  • Click on the "Sell" icon in Wallet menu;
  • Go to P2P Market → Sell;
  • Select the ad you are interested in. You can use filters to make your search easier;
  • Click Sell to start creating an order;
  • Specify amount of crypto you want to sell and payment details;
  • Once the buyer accepts the transaction, wait to receive payment within the specified time to the specified account;
  • Check the payment receipt sent by the buyer, and then check the receipt of payment in your personal account of the payment service;
  • Only after you received the funds in your payment account, confirm receipt of funds in Wallet.

The cryptocurrency will be sent automatically to the buyer after you confirm the receipt of funds.

How do I create an ad to sell cryptocurrency

  • Go to P2P Market → Create an ad;
  • In the "I want to" field, select Sell;
  • Specify the terms of cryptocurrency purchase, such as: fiat currency, price type, percentage of floating price / fixed price, amount, order limits, and payment timeout;

Floating price changes with the market and is updated regularly. Typically you can specify a price margin within 70-150% of the market price. That said, the floating price range is individual for each currency; you can check the applied range on the ad creation screen.

Fixed price doesn't change despite the market fluctuations and remains the same as you specified in the ad. Typically you can specify a price margin within 70-150% of the market price. That said, the fixed price range is individual for each currency; you can check the applied range on the ad creation screen.

Min limits for selling crypto assets are typically 3 TON, 0.0001 BTC, 5 USDT, 1000 NOT. Limits may differ for each currency; you can check the applied limits on the ad creation screen.

Max limits for selling crypto assets are 4000 TON, 0.25 BTC, 10000 USDT, 1,500,000 NOT.

Min and max amount of order - here you can specify both minimum and maximum sum of order (in fiat) for future new orders. The max amount field is optional, and there are no restrictions on it, so any number greater than the minimum limit can be entered. If left empty, the maximum limit will be derived from the offer automatically. As for the min limit, you will be able to see it on the ad creation screen.

Payment timeout is the period of time specified by the seller, during which the buyer must send to the seller's account the amount specified in the ad.

  • Select payment methods from the available list and specify details. You can add max 5 payment methods for one ad;
  • You can add a comment to the order if needed;
  • Check the details and confirm the ad creation.

When the buyer responds to the ad, you will be notified that an order has been created. You can accept or reject it. The terms specified in the ad cannot be changed during the order.

Do I need to pass verification to start trading on the P2P Market

Yes, it is required. Identity check is a standard procedure of all custodial crypto services. Since Wallet operates in accordance with regulatory requirements, we need to conduct customer identity verification (KYC —  Know Your Customer). You can check more details on the necessity of KYC here.

At any point during your use of our service, Wallet may request from you additional information for analysis. For example, it may be identity verification, proof of address or proof of funds document. In such a case, we will send you a notification in the chat with Wallet with the further instructions.