Share your experience on P2P trading method

[Sincerem]

During my early time dealing with digital coins, i never on earth love the idea of using the P2P (Peer to Peer) method to buy and sell crypto online. I view it as very risky type of transaction, with the motive that, one can take my money, or coins and run away with it. I came to understand it by force when my country imposed a law stopping all crypto related transactions using their fiat currency (Naira). That's when i picked interest to try it. I decided to take the risk, and now I'm accustomed to using it, and I'm settled now, to use it for long time.

Do you enjoy using P2P method for Crypto transactions??

Is it your best method for buying and selling digital coins??

Please, share your experience below.

 

[Sariana23]

I have been using the P2P method for some time now, as it is the method used in aitm to perform operations. Now in cryptocurrencies so far I have not used it but soon will play, I have no distrust even though I have read cases of people scammed.

 

[Sincerem]

I have been using the P2P method for some time now, as it is the method used in aitm to perform operations. Now in cryptocurrencies so far I have not used it but soon will play, I have no distrust even though I have read cases of people scammed.

At least you've used it via airtime and understand how it looks like. Its almost same with crypto, people detest it due to fear of losing their coins to a stranger which they can't trash. But I'm settled using the method to sell and buy coins, I've not been scammed using binance.

 

[Sariana23]

At least you've used it via airtime and understand how it looks like. Its almost same with crypto, people detest it due to fear of losing their coins to a stranger which they can't trash. But I'm settled using the method to sell and buy coins, I've not been scammed using binance.

I don't think you will find any scam in Binance, they are strict with the cashiers that work in P2P. For that reason I have confidence in the site. My brother has been trying to work there for a while and they are strict with the requirements to join.

 

[Sincerem]

I don't think you will find any scam in Binance, they are strict with the cashiers that work in P2P. For that reason I have confidence in the site. My brother has been trying to work there for a while and they are strict with the requirements to join.

Yes, binance is very strict now like paypal. I tried registering my friends to use binance, but it keeps thwarting them off. Saying their KYC registration failed, details invalid. Where as it requested for a valid ID card, and my friends brought a valid one but still no avail.

 

[Sariana23]

Yes, binance is very strict now like paypal. I tried registering my friends to use binance, but it keeps thwarting them off. Saying their KYC registration failed, details invalid. Where as it requested for a valid ID card, and my friends brought a valid one but still no avail.

It's unfortunate that your friends couldn't register, but it's good that they are strict as they inspire confidence in Binance. Although my brother had no problem signing up, he is applying to work directly on the site as a P2P cashier.

 

[Setfragil]

I wouldn't say I do not not enjoy using p2p but the process of some exchange is a bit tedious and if one is not careful he can be scammed. Two weeks ago I sold USDT to someone on binance, when he transferred the payments it wasn't complete he claimed it was for transaction fee.

 

[Ub40]

To me I have not really have any serious exchange to do to warrant me using p2p method. And I am not too familiar with how it works. But I know that whenever I am ready to use the platform I will find enough materials online esp on YouTube on how it works.

 

[Bookwormlux]

Binance peer to peer market place is the best thing I discovered in the crypto currency space this year, after my country banned crypto currencies transactions. I have been enjoying it ever since then.

 

[Kelly5]

During my early time dealing with digital coins, i never on earth love the idea of using the P2P (Peer to Peer) method to buy and sell crypto online. I view it as very risky type of transaction, with the motive that, one can take my money, or coins and run away with it. I came to understand it by force when my country imposed a law stopping all crypto related transactions using their fiat currency (Naira). That's when i picked interest to try it. I decided to take the risk, and now I'm accustomed to using it, and I'm settled now, to use it for long time.

Do you enjoy using P2P method for Crypto transactions??

Is it your best method for buying and selling digital coins??

Please, share your experience below.

To be honest with you, you're not alone on this one. Not because I tried it and failed, it's just simply because I never fancied using P2P that's just it for me then. But now, I get the true benefits ever since I began using them early last year

 

[Sincerem]

To be honest with you, you're not alone on this one. Not because I tried it and failed, it's just simply because I never fancied using P2P that's just it for me then. But now, I get the true benefits ever since I began using them early last year

Very nice, I'm not alone, I'm with you,LoL. That's just it, i tried it out and it worked out for me. And I'm moving better ever since the usual way was blocked by the CBN.

 

[Sariana23]

I wouldn't say I do not not enjoy using p2p but the process of some exchange is a bit tedious and if one is not careful he can be scammed. Two weeks ago I sold USDT to someone on binance, when he transferred the payments it wasn't complete he claimed it was for transaction fee.

There is usually a charge, called a transaction fee. The exchanger receives a percentage and so do the owners of Binance, since they lend their platform to perform them. So it always charges, now there must be a stipulated amount for each cryptocurrency.

 

[Mostee501]

In cryptocurrency markets peer to peer is my most preferred means of buying and selling of digital currency. It is easier and faster for me and i have never had any issues with it.

 

[Nomad]

I do not do P2P transaction for cryptos. When I want to buy crypto currencies, I buy from exchange and when I want to sell, I sell through the exchanges.

 

[Sincerem]

I do not do P2P transaction for cryptos. When I want to buy crypto currencies, I buy from exchange and when I want to sell, I sell through the exchanges.

The reason why you're comfortable that way is cos your country didn't ban you gys from using the fiat currency to trade on those exchanges. Here in my country their is no way you can buy with the Fiat currency unless someone sell or buy from you.

 

[Dubai]

Initially, I have always try to avoid P2P trading too before the CBN restriction. But ever since it happened, I have no other choice than to make P2P form of payments. Just do it with someone that is reliable.

 

[eLdavis]

I have never tried using P2P before cause i am honestly scared about trying it.

 

[Sincerem]

Initially, I have always try to avoid P2P trading too before the CBN restriction. But ever since it happened, I have no other choice than to make P2P form of payments. Just do it with someone that is reliable.

Its hood you do with someone reliable to avoid stories that touches the heart. I have people i would've transferred to, but due to their low asking price of my coin, i decided using it binance P2P to transact.

 

[Sariana23]

I have never tried using P2P before cause i am honestly scared about trying it.

What other methods do you use for this? I ask because I would like to know if there are other options and experiment on it. So far I have only used P2P for exchanges.

 

[GIFTMICHAEL]

The P2P way is just what most of us from Nigeria use when selling off or buying coins. And binance is a popular site for that, I'm just happy settling around binance.