P2P Market, where to start
- What is P2P Market
- Are the ads I see on the P2P Market posted on behalf of Wallet
- What guarantees do P2P traders have
- What fees are charged for P2P transactions in Wallet
- How can I create an Ad and conduct an Order on the P2P Market
- How can I initiate Orders on the P2P Market
What is P2P Market
P2P (Peer-to-Peer) trading is the process of buying and selling digital assets directly between users. Payment for the purchase must be sent via a method specified by the seller. It must be confirmed by both parties - only after that, digital assets will be sent to the buyer.
P2P Market mediates transactions by providing buyers and sellers with a platform to post their ads. At the same time, the Market is a guarantor of transaction security, providing escrow services for digital assets and ensuring that the digital asset is sent in time during the trade.
Are the ads I see on the P2P Market posted on behalf of Wallet
The ads you see on the P2P Market are published by users. Wallet only provides a platform for P2P trading.
What guarantees do P2P traders have
Transactions are protected by an escrow system. This means that the amount of cryptocurrency listed in the ad is reserved in the seller's wallet at the time of placing the ad. After the seller confirms receipt of payment, the system will automatically transfer the cryptocurrency to your wallet using the reserved funds.
In case of any disputable situations, contact support service. We also recommend reading the article “Secure Your Trading Experience”.
What fees are charged for P2P transactions in Wallet
A commission of 0.9% of the transaction amount is charged only to the seller - for each completed transaction.
How can I create an Ad and conduct an Order on the P2P Market
Please follow this instruction if you want to sell cryptocurrency, and this one – if you want to buy cryptocurrency.
How can I initiate Orders on the P2P Market
Select an Ad you are interested in and then follow the instructions: for those who is selling cryptocurrency, and for those who is buying cryptocurrency.