Buy & Sell Crypto Directly

Navigating the P2P Marketplace

The P2P Marketplace on Peermkt is designed to provide a safe and efficient way for users to buy or sell crypto assets directly with other verified users. By using this platform, you can take advantage of a peer-to-peer trading environment that eliminates the need for intermediaries. This means you can engage in trades with confidence, knowing that both parties are verified and transactions are secure. Here's a detailed guide on how it works:

1. Opening the P2P Market Tab

When you open the P2P Market tab in the Peermkt app, you’ll be greeted with two primary options:

• "Buy"
• "Sell"

These options allow you to either purchase or sell crypto assets to other users directly. Whether you're looking to acquire or liquidate your assets, the P2P Market provides a streamlined interface to do so.

2. Buying Crypto

If you wish to buy crypto, follow these steps:

• Select the "Buy" option to view a list of sell offers (referred to as ads) that have been created by other users. These ads are essentially listings where sellers specify what they are offering for sale, along with other relevant details.
• Each ad you see will contain the following critical details:
  • Crypto Asset: This specifies the type of cryptocurrency that the seller is offering. It could be USDT, BTC, ETH, or any other supported crypto asset.
  • Price Per Unit: This shows the price at which the seller is offering the cryptocurrency. It will be in terms of the currency being used, for example, USDT per unit, or the local fiat currency (if applicable).
  • Minimum and Maximum Purchase Amount: This indicates the range of how much cryptocurrency you can buy from the seller. The seller will set limits on the minimum and maximum transaction amount, depending on their offer.
  • Accepted Payment Methods: Each seller can specify the payment methods they accept, such as bank transfer, mobile payment services, or even other crypto assets. It’s important to ensure that you are able to meet the payment method requirements before proceeding with a purchase.
  • Estimated Completion Time: This tells you how long it will take for the seller to complete the transaction once you initiate the payment. This can help you plan accordingly and set expectations for the transfer process.

3. Completing the Transaction

Once you’ve chosen an ad that suits your needs, simply follow these steps to complete the transaction:

• Review the details: Double-check all the information in the ad, including the crypto asset, price, payment method, and estimated time for completion.
• Initiate the purchase: If everything looks good, click the “Buy” button to proceed. At this point, you'll be asked to provide payment according to the seller's specified method.
• Wait for confirmation: After making the payment, wait for the seller to confirm receipt. Once confirmed, the cryptocurrency will be released to your wallet.
• Track the status: You can monitor the status of your transaction and check the progress in the Activity section of your Peermkt dashboard.

4. Security and Dispute Resolution

To protect all parties involved, Peermkt employs an escrow system. When you make a purchase, the crypto asset is temporarily held in escrow until both you and the seller confirm that the transaction has been completed. This helps ensure that neither party is defrauded.

In case of any dispute or issues during the transaction, Peermkt’s dispute resolution system will step in to help resolve any disagreements and ensure a fair outcome for both parties.

With this easy-to-navigate and secure platform, the P2P Marketplace provides you with a hassle-free way to trade crypto assets directly with other verified users. Whether you’re a beginner or an experienced trader, the P2P Market on Peermkt is designed to provide a seamless and secure trading experience for everyone.