Share your experience on P2P trading method

[GIFTMICHAEL]

P2P is the best method now for those of us coming from Nigeria or banned from using the Fiat currencies to sell or buy Cryptocurrency from the exchange platforms.

 

[Justin]

I have never engaged with P2P trading, I find it very risky, I mean who is going to guarantee my funds if I am directly doing P2P trading. Or, am I missing anything here?

 

[Ltherman]

I was initially skeptical the very first time i was to dona transaction on binance p2p but i stuck to the guidelines of the community and came out without a scar.
I was selling a coin for fiat and despite the disturbance of the buyer to me to release the crypto i didn't budge until i saw the funds in my account. I used my bank app to check the balance and made sure it reflected before I released the funds from my end

 

[Setfragil]

I have never engaged with P2P trading, I find it very risky, I mean who is going to guarantee my funds if I am directly doing P2P trading. Or, am I missing anything here?

P2P trading is very good way to engage in buying and selling of cryptocurrency especially in countries where cryptocurrency has been banned. I have traded with P2P many times and I do not have any regret for doing so neither do I lose my money to scammers. If you use platform like binance, their P2P trading is safe and fast.

 

[Jlife]

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.

I understand that the rate of scamming over there is very high and sometimes if you're not careful you could be trick with fake alert,that is one of the reason I do not bother myself to go there because of what is happening.

 

[Justin]

I am not into trading, and if I ever start trading I would perhaps not try P2P because I have read horror stories related to P2P trading, scamming is very common.

 

[Chibson]

I have been carrying out transactions through binance peer-to-peer method and I can say that it is very secure and of course legit.

 

[Emmado]

I do not trade cryptocurrency and also I do not invest in cryptocurrency but I am also getting interested with cryptocurrency, I'll start investing and if possible I also go into trading, but I will need someone that can help me and guide me on how to do it.

 

[Josephjossy]

P2p is the only way to cash out your money in Nigeria because of the ban of crypto currency exchange in the country. It have been awesome to use in the country. But sometimes people get scammed because it have high risk of scam

 

[Fizzy_boi]

Actually that's what mostly all of us left doing crypto currencies market do we just go to Binance and there we do the peer to peer trading as the country already place ban on direct deposit .

 

[babdud02]

The first time i hear about p2p trading I don’t quite understand what it means.Till now I don’t have a bitcoin in any wallet and I don’t even have any coin in any wallet

 

[Dowenship]

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.

You should have filed an appeal.mm the trader cannot deduct any amount of money from your money because of nonsense fee he or she claims unless he stated it at the transaction box.

 

[GIFTMICHAEL]

I've been using peer to peer trading method for long, and it is the best option for me to withdraw my funds I received through crypto when I feel like.

 

[Setfragil]

You should have filed an appeal.mm the trader cannot deduct any amount of money from your money because of nonsense fee he or she claims unless he stated it at the transaction box.

I think I should be blamed for the transaction. I later checked the message box and realized that he posted the conditions for the transactions on it, I just didn't noticed it.

 

[Shigobad2020]

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.

Peer to peer method of crypto currency buying and selling is now one of the most popular way of dealing in crypto currency coin, its very reliable and you have the privilege of stating your own price to the buyer.

 

[Sincerem]

Peer to peer method of crypto currency buying and selling is now one of the most popular way of dealing in crypto currency coin, its very reliable and you have the privilege of stating your own price to the buyer.

You can state your own price with the buyer or seller. It is already fixed based on the real price updates of the coins. That's why you can beat a price of your own.

 

[Hena101]

I have not tried using peer to peer trading because I'm very scares of it i usually transfer my coin to a friend that has been doing for a very long time to do it for me.

 

[Yusuf]

P2P is one of the best method or means to start crypto currency exchange Business with. You can buy and sell your coin with the help of p2p without you bothering about government agency if crypto currency exchange Business is banned in your country

 

[Niftyyem]

I think I should be blamed for the transaction. I later checked the message box and realized that he posted the conditions for the transactions on it, I just didn't noticed it.

That is trending now and I think it is not right. When you calculate, you will realize that the #100 just shortchanged you for the value of your coin. It seems those dealing with small amounts do that most.

 

[Sincerem]

I have not tried using peer to peer trading because I'm very scares of it i usually transfer my coin to a friend that has been doing for a very long time to do it for me.

Since you already have a vendor in the guise of your friend you shouldn't bother enough moving to peer to peer exchange site to run transactions.