#BTCUnbound P2P.Continuation of what I presented in the previous post
How P2P trading works:
The buyer enters the platform and looks for a suitable offer (price and payment method).
The seller lists cryptocurrencies for sale (such as BTC or USDT).
When the buyer clicks on "Buy", the cryptocurrencies are frozen in what is known as escrow.
The buyer transfers the money directly to the seller via the agreed-upon payment method.
After confirmation from the seller that the amount has been received, the platform releases the cryptocurrencies to the buyer.
In the event of a dispute, the platform intervenes to resolve the issue based on the evidence.
🪙 The most popular platforms that provide P2P trading:
PlatformSupported CryptocurrenciesPayment MethodsBinance P2PBTC, USDT, ETH, BNB, etc.Bank transfer, PayPal, cash, and othersOKX P2PBTC, USDT, etc.Various payment methods depending on the countryBybit P2PUSDT, BTCLocal transfer, digital wallets
💡 Advantages of P2P trading:
AdvantageDescriptionMultiple payment methodsYou can use a local or convenient payment method.No need for an international bank accountEspecially in countries with banking restrictions.Competitive pricesVarious offers from different users.Ease of accessTrading can be easily done from a phone or computer.
⚠️ Risks and warnings:
RiskHow to protect yourselfFraudDo not deal outside the platform – use the escrow system.Delay in paymentChoose sellers with high ratings and a good track record.Sending money without confirmationDo not release the cryptocurrency until you confirm that the payment has been received.
📝 $BTC
