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

  • Thread starter Thread starter Sincerem
  • Start date Start date
Currently I'm not into forec or crypto trading so I don't make use of the pair to pair trading, my country also disables fiat to currency purchase.
 
I only use the P2P platform to sell my cryptocurrency and I enjoy it so much because it is one of the easiest way to sell your cryptocurrency to your bank account with immediate effect ,the platform is so secured that you cannot be scammed if you follow the rules and regulation.
 
To be frank, it took me more than seven months before I used peer to peer platform after the ban in my country. I just couldn't trust those sellers. However, I decided to give it a trial one day and I was very happy the transaction went smoothly.
 
Peer to peer has been one of the major ways of selling our crypto currency coin since the Nigerian government has put a ban on the use of crypto currency, I prefer using another method in withdrawing my coin,
 
Yes i do enjoy it, but i don't use binance. This is because it's so complicated and I didn't find it user friendly. So I make use of remitano to sell and buy coins from others. They also have sweet rates.
 
I have used P2P service to sell one of my cryptocurrency in the past and the process is very Swift and I got my money within short period of time. At present I am afraid of using the P2P service as majority of the Central Bank agent are on the platform.
 
It is one of the most smartest platform I have been using to buy and sell cryptocurrency is there without being scammed. A lot of people are making money by selling of cryptocurrencies here and also by buying.
 
I am making use of Luno to convert my cryptocurrency to local currency over here. You only need to buy voucher on luno and you can convert it to local currency by sending it to them too. And I usually get my money in less than 10 minutes to my local account.
 
Sincerem said:
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??
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Since the government of my country Nigeria have decided to successfully banned the use of cryptocurrency the only option that we have right now is to make use of peer-to-peer transaction.
 
Heatman said:
Since the government of my country Nigeria have decided to successfully banned the use of cryptocurrency the only option that we have right now is to make use of peer-to-peer transaction.
Click to expand...
Lol, and peer 2 peer is the best, you do it at ease. I've been using it for over a year now via Binance exchange without regretting it. Since it uses escrow system, it means you can't be scammed unless the user ignorantly releases or cancel transaction when money is sent out.
 
P2P or Peer to Peer is a way in which the buyer directly pay to the seller's bank accounts but it's have a several risk factors. If you are interested in using P2P Exchange but security is your concern then you can choose a well known platform like Binance.
 
I have used P2P sevelly but the one that I am confident with is binance P2P platform. Although, I have not bought cryptocurrency on that platform, all I do is to sell crypto and receive the fiat currency.
 
Peer-to-peer networks by recognised exchanges is to me one of the safest ways of even buying bitcoin in first place. This is because commercial banks are been banned from interfering in crypto currency.
 
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.
 
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