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Do you enjoy using P2P to buy and sell coins??

tuna89

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More like i just don't have any choice making use of it, it's just another way of extortion, had to send a message to my wallet customer service letting them know that they should set p2p prices themselves and not the vendor. The Nigerian Government has caused us more problems than good.
 

Aaron625

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I have done some P2P transactions when trading bitcoin , but I don't like really. I rather prefer exchanging bitcoin for fiat directly using the market price , without depending on other person's price for the coin.
 

Thinker009

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Yeah I prefer using it to buy and sell cryptocurrency ,only that am always careful because of the rate of scams on the p2p exchange platform too
 

Lens

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I don't feel comfortable using the peer-to-peer transaction. I just feel I may be duped because I am dealing with faceless individuals. I have heard people speak ill of the peer-to-peer platform and I don't want to fall victim. I don't think that the exchanges do routine check on the peer-to-peer traders.
 

Setfragil

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I would have suffer a lot if p2p wasn't introduced. After the ban of cryptocurrency in my country, I lost hope of exchanging my cryptos for cash but p2p made it possible and easy.
 

Sincerem

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I will be sure to look into staking at higher interest rates. There was once a site that i was using that offered around 2% per week which was very good, however i found that it later became a scam. Fortunately i was able to withdraw before teh scam period.
You love taking risks I've seen that in you, lol. Its good taking calculative one. When dealing on crypto avoid reflagged sites for staking.
 

BrolySSJ

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You love taking risks I've seen that in you, lol. Its good taking calculative one. When dealing on crypto avoid reflagged sites for staking.
Generally what I tend to do is if I take a risk then I try to manage that risk with another profiting venture that I know will pay off because then it minimises the overall risk to my portfolio and so I don't engage in one without having the other present.
 

Kingstone

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I just transacted 10$ on Binance using their P2P. The exchange rate is a little bit high at around 516 naira to 1 dollar. It's much faster. I hope to make more money in BTC or another coin and use P2P for withdrawal.
 

Sincerem

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Generally what I tend to do is if I take a risk then I try to manage that risk with another profiting venture that I know will pay off because then it minimises the overall risk to my portfolio and so I don't engage in one without having the other present.
Its good that way you've chosen it. When it comes to people trading Cryptocurrency they don't look at the downside and know that their is risk involve in trading. We should minimize those risk and work hard to earn trading rewards.
 

Rhapsody

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Since the ban of crypto in my country, we all have to trust the P2P system. Although I have not personally used it my friend has done more than I can count and he has never made any complaints. It is reliable.
Thee are some peer-to-peer exchange that are legit. The best of them all is localbitcoin. It has been in existence for a long time now and it is legit. The second one is peer-to-peer exchange from binance exchange. Binance is a trusted company so will there peer-to-peer also will be.
 

kayode10

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Most of the sellers who are doing P2P on the wallet I am using as commerce. I only enjoying doing P2P to my friend who is also a seller. I met this cool guy in one of the forums online.
 

BrolySSJ

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Its good that way you've chosen it. When it comes to people trading Cryptocurrency they don't look at the downside and know that their is risk involve in trading. We should minimize those risk and work hard to earn trading rewards.
I think that minimising the risk in cryptocurrency is a very hard thing to do and you do need a lot of knowledge on-the-market in order to be able to do something like this however I think that generally the amount of time needed to gain this knowledge is much more valuable and will definitely help you in your future trading endeavours as well.
 

Sincerem

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I think that minimising the risk in cryptocurrency is a very hard thing to do and you do need a lot of knowledge on-the-market in order to be able to do something like this however I think that generally the amount of time needed to gain this knowledge is much more valuable and will definitely help you in your future trading endeavours as well.
If one takes his time to learn about Cryptocurrency, he will be taught everything that contends with Cryptocurrency in order to trade with caution and not repeatedly to avoid series of losses. Even if he's an expert.
 

Thinker009

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I've been one of the beneficiaries of the P2P trading method in the part three months now. Ever since the P2P is the only means to transact around Cryptocurrency successfully I came and embrace it.
This is the same with me , because since when my country banned the use of cryptocurrency , I think p2p option have been the best for me , since I could make use of it for different transaction involving crypto
 

Alexandoy

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As they say there are ways if you are intent on your objective. When you cannot exchange the crypto coin with your legal currency then the option is to exchange it in another way via another crypto coin or maybe another currency of a foreign country.
 

Tracee

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My answer is a big YES, it way faster than the direct transfer into the local banks and I haven't experienced any issues so far, it makes crypto users and traders feel secure especially when we had news of crypto ban in the country.
 

GIFTMICHAEL

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This is the same with me , because since when my country banned the use of cryptocurrency , I think p2p option have been the best for me , since I could make use of it for different transaction involving crypto
I guess we are fellow countrymen. P2P method is serving us better. Without the P2P method I could've been the bus stop for my Cryptocurrency adventure.
 

jeff87

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I have never been involved with P2P, either for buying or selling. However, I believe this has a lot of risk factors compared to exchanges.
I have no experience in P2P buying and selling also. I have seen in video tutorial how easy it is to transact in P2P.

In Binance trading platform they have an announcement where the P2P wallet is going to be changed.
 

GoldenLady

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Since my country disabled Fiat to crypto purchase. Most crypto traders in the country diverted to using P2P method to buy and sell coins. At the meantime it is going successful for me, no fraud have happened to me so far using the P2P method.

Do you enjoy using the P2P??
So far I've enjoyed it. Sometimes though the rate offered by the sellers can be too high. Also, it's not easy to withdraw small amounts of cryptocurrency to fiat.
 
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