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How P2P Works
Order
1. Place an Order
Once you place a P2P order, the crypto asset will be escrowed by MyCryptoBank P2P.
Pay
2. Pay the Seller
Send money to the seller via the suggested payment methods. Complete the fiat transaction and click "Transferred, notify seller" on MyCryptoBank P2P.
Receive
3. Receive Crypto
Once the seller confirms receipt of money, the escrowed crypto will be released to you.
Top Payment Methods
UPI
IMPS
Bank Transfer (India)
Digital eRupee
Google Pay (GPay)
Paytm
PhonePe
IMPS - PAN
UPI-PAN
FAQs
P2P stands for peer-to-peer, and P2P exchanges are platforms that allow users to buy and sell crypto for fiat currency directly with other users. Learn more about What is P2P Trading and How Does a Local Bitcoin Exchange Work?
First, browse Buy Ads for the crypto you wish to sell, and find the best offers with your preferred payment method. You can read the reviews and check the requirements of the buyer. If they are agreeable to you, start the trade, and do not release the crypto until you have received the money in the payment method you provided. Learn more about how to sell crypto peer-to-peer or how to trade bitcoin for cash via MyCryptoBank P2P.
There are many cryptocurrencies that you can use in the P2P trade zone. You can choose from digital assets like Bitcoin, Ethereum and stablecoins.
After you complete identity verification and add your payment methods, you are ready to buy crypto on MyCryptoBank P2P platform. First, choose from all the available offers in the marketplace. Second, place an order to buy your crypto, and pay the seller based on the preferred payment methods. Lastly, get your crypto from the seller after you complete the fiat transaction and confirm your payment on MyCryptoBank P2P.
MyCryptoBank P2P is the largest peer-to-peer exchange with more than 800+ payment methods and 100+ fiat currencies. We provide an escrow service that ensures safe and fair trading. Also, on MyCryptoBank P2P you can buy and sell crypto at zero fees. Learn more about .
As one of the several safeguards on the platform, MyCryptoBank P2P has a holding mechanism for crypto funds that are involved in any pending transaction. This mechanism prevents incidents of theft or scam by adding another layer of trust, thus preventing malicious actors from stealing your money or crypto without completing their part of the trade.Learn more.
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