Sell on P2P Market

How can I sell cryptocurrency on the P2P Market

Selling cryptocurrency on the P2P Market is an easy and convenient way to withdraw funds directly to your card or any other payment service.

You can sell cryptocurrency on the P2P Market in the following ways:

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

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

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 sell crypto through a buy ad

To respond to a cryptocurrency purchase ad:

  1. Tap Withdraw in the Crypto Wallet main menu;
  2. Go to P2P Market → Sell;
  3. Select a suitable ad. Use filters to find what you need faster;
  4. Tap Sell to create an order;
  5. Specify the amount of cryptocurrency you want to sell and the payment details. Tap Check order;
  6. Make sure all the details are correct, then tap Confirm to create the order;
  7. Wait for the buyer to accept the order — you'll receive a notification in @wallet. After that, wait for the payment to arrive at the specified details within the time set for the order;
  8. Check the receipt from the buyer and compare the sender's name with the buyer's name (first name and the first letter of their last name) in the order. Learn more;
  9. Make sure the funds have arrived in your payment account;
  10. Only then tap Confirm Receipt of Funds to confirm that you've received the payment for the order.

Once confirmed, the cryptocurrency will be sent to the buyer automatically.

How do I create an ad to sell 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 an ad.
  • In the "I want to" field, select Sell.
  • 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 seller, during which the buyer 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.

If you selected an Individual Entrepreneur (IE) payment method, which is available in some regions, QR code payments are not allowed. This may result in account restrictions. Accept funds only using the payment details provided in the order.

  • You can add a comment to the order if needed.
  • Check the details and confirm the ad creation.

When the buyer 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 the buyer paid for the order themselves

After the order is paid, you'll see the buyer's name (first name and the first letter of their last name). Compare it with the sender's name on the receipt or in the transaction history in your bank's or payment service's personal account. The names must match.

If the names don't match, do not confirm receipt of funds. Instead, tap I have a problem → Names Don't Match. This will open an appeal, through which you can return the funds to the sender and contact our support team. Learn more about returning funds in the article "Refund to the Sender".

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.

I started receiving notifications on new orders from P2P Express when selling crypto on the P2P Market

Getting such notifications means that you now have the opportunity to participate in extra orders created by cryptocurrency buyers via the “P2P Express” function.

P2P Express is a simple and fast way for Crypto Wallet users to buy cryptocurrency from top-rated sellers on the P2P Market. The best offer is automatically selected for the buyer based on specified parameters, and the order will be received by the seller who accepts the request first. Read more in this article.

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