Buy on P2P Market

How can I buy cryptocurrency on the P2P Market

When you buy cryptocurrency on the P2P Market, you can pay using any payment method available on the P2P Market and convenient for you. There are two ways to buy cryptocurrency on the P2P Market:

  • By responding to a sale ad;
  • By creating a buy ad.

The fees on the P2P Market are charged only to the maker. Learn more about the fees

Before placing an order, review the P2P Market’s Terms of Use and check the seller's rating, order terms and ad comments.

Note: when placing orders on the P2P Market, you are only allowed to use payment methods that are registered in your own name, which must match the name used during your Crypto Wallet account verification.

For the safety of all users, using payment details that belong to third parties is prohibited in accordance with the P2P Market’s Terms of Use.

How to buy cryptocurrency from a sale ad

To respond to a cryptocurrency sale ad:

  1. Tap Deposit in the Crypto Wallet main menu.
  2. Go to P2P Market → Buy.
  3. Select a suitable ad. Use filters to find what you need faster.
  4. Tap Buy to send a request for an order.
  5. Specify the amount of cryptocurrency and tap Check order. The button becomes active once you enter the amount.
  6. Make sure all the details are correct, then tap Confirm to create the order.
  7. Wait for the seller to accept the order — you'll receive a notification in @wallet. Once this happens, the payment details will appear in the "Account, Card Number or Phone" field — copy them. Along with the details, you'll see the seller's name (first name and the first letter of their last name). Compare it with the name of the payment recipient. Learn more
  8. Pay for the order through your bank's or payment service's personal account. Send the payment in one transfer, using only the method and details specified in the order.

Note about paying for an order:

  • If the order uses an Individual Entrepreneur (IE) payment method (which is available in some regions) use only the payment details provided in the order.
  • Do not transfer funds using payment details that the seller sends in the order chat. If the seller insists on different payment details, pause the payment and contact our support team. Learn more about how to keep your orders secure.
  1. Tap Confirm Payment to confirm the payment.
  2. Upload your payment receipt to confirm the transfer to the seller. It will be sent to the seller.

Once the seller confirms they've received the payment, the cryptocurrency will be credited to your Crypto Wallet balance.

How do I create an ad to buy cryptocurrency

The ability to create Buy or Sell ads is available to users with the Merchant status on the P2P Market. Learn more about the Merchant status and the process of getting it in this article.

  • Go to P2P Market → Create Ad.
  • Select Buy in the “I want to” field.
  • Specify the terms of cryptocurrency purchase, such as: fiat currency, price type, percentage of floating price / fixed price, amount, order limits, and payment timeout.

Floating price changes with the market and is updated regularly. Typically you can specify a price margin within 70-150% of the market price. That said, the floating price range is individual for each currency; you can check the applied range on the ad creation screen.

Fixed price doesn't change despite the market fluctuations and remains the same as you specified in the ad. Typically you can specify a price margin within 70-150% of the market price. That said, the fixed price range is individual for each currency; you can check the applied range on the ad creation screen.

Min limits for selling crypto assets are typically 3 GRAM (prev. TON), 0.00005 BTC, 5 USDT, 10,000 NOT, 0.0025 ETH. Limits may differ for each currency; you can check the applied limits on the ad creation screen.

Max limits for selling crypto assets are 15,000 GRAM (prev. TON), 0.25 BTC, 10,000 USDT, 50,000,000 NOT, 10 ETH.

Min and max amount of order - here you can specify both minimum and maximum sum of order (in fiat) for future new orders. The max amount field is optional, and there are no restrictions on it, so any number greater than the minimum limit can be entered. If left empty, the maximum limit will be derived from the offer automatically. As for the min limit, you will be able to see it on the ad creation screen.

Payment timeout is the period of time specified by the buyer, during which he must send to the seller's account the amount specified in the ad.

  • Select payment methods from the available list and specify details. You can add max 5 payment methods for one ad.
  • You can add a comment to the order if needed.
  • Check the details and confirm the ad creation.

When the seller responds to the ad, you will be notified that an order has been created. You can accept or reject it - you have just 5 minutes to take action. If you do not accept the order within 5 minutes, the order will get cancelled automatically.  To accept orders automatically, without having to worry about possible order cancellations, you can toggle on 'Auto-Accept Orders' for your ad.

The terms specified in the ad cannot be changed during the order.

How to check that you're sending funds to the seller

Once the seller accepts the order, you'll see their name (first name and the first letter of their last name) in the "Transfer" field, along with the payment details. Before making the payment, compare the seller's name with the name of the payment recipient in your bank or payment service. The names must match.

If the names don't match, do not send the payment. Cancel the order by tapping I have a problem → Names Don't Match, I Haven't Paid.

Do I need to pass verification to start trading on the P2P Market

Yes, it is required. Identity check is a standard procedure of all custodial crypto services. Since Crypto Wallet operates in accordance with regulatory requirements, we need to conduct customer identity verification (KYC —  Know Your Customer). You can check more details on the necessity of KYC here.

At any point during your use of our service, Crypto Wallet may request from you additional information for analysis. For example, it may be identity verification, proof of address or proof of funds document. In such a case, we will send you a notification in the chat with Crypto Wallet with the further instructions.

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