FAQ Answer
P2P Trade Planning
What should I check before starting a P2P crypto trade?
Before starting a P2P crypto trade, check the trader’s rating, completed trades, payment method, trade limits, offer terms, escrow status, verification level, and whether the payment instructions match what you can safely follow.
Answer
Before starting a P2P crypto trade, you should carefully check the offer details and the other user’s profile.
A P2P trade involves direct interaction between a buyer and a seller, so it is important to confirm that the trade terms are clear before sending payment or locking crypto.
Important things to check include:
- Buyer or seller rating
- Number of completed trades
- Account verification status
- Payment method
- Minimum and maximum trade limits
- Offer instructions
- Escrow status
- Price and exchange rate
- Payment deadline
- Name-matching requirements
If you are buying crypto, make sure you can use the seller’s payment method and follow the instructions exactly. If the seller requires payment from an account in your own name, do not use someone else’s account.
If you are selling crypto, confirm that you understand when to release crypto and how to verify the buyer’s payment. Never release crypto before confirming that the money has arrived in your own account.
A good P2P trade should have clear terms, a supported payment method, escrow protection, and communication kept inside the trade chat. If something looks unclear or suspicious, choose another offer or contact support before continuing.