Terms and Conditions
P2P Trading and Features
It is available directly in messenger and allows you to buy, sell, exchange cryptocurrency, as well as directly send it to another user. TON cryptocurrency is available here, as well as BTC and USDT.
P2P trading is available right from the app. It is enough to select the desired tab, currency, cryptocurrency and payment method. It is possible to buy USDT and BTC in KRW through Korean bank transfers.
KYC and Regulation
The wallet from Peermkt has three levels of verification. All functions are available initially and are limited only by limits. The default level is basic, with a limit of 5,000 USDT per day. At the "Plus" level, you can increase the limit to 25,000 USDT per day, and "Max" removes limits on incoming transactions and P2P trading.
Restrictions
Wallet does not work in the following countries: United States of America (USA), Democratic People's Republic of Korea, Afghanistan, Ghana, Ghana, Haiti, Liberia, Libya, Mali, Myanmar, Somalia, South Sudan, Syrian Arab Republic, Yemen.
General Questions
1. What is P2P?
P2P (Peer to Peer) trading is the process of buying and selling digital assets directly between users. Payment for the purchase is made in a way determined by the seller and must be confirmed by both parties for the digital asset to be sent to the buyer. The P2P market acts as an intermediary in transactions, providing a platform for buyers and sellers to post their ads. The market also ensures transaction security, providing escrow services for digital assets and ensuring timely delivery during the transaction.
2. Are the offers I see on the P2P marketplace posted by Peermkt bot?
The ads you see on the P2P marketplace are posted by users themselves. Peermkt Bot only provides a P2P trading platform.
3. What guarantees do P2P traders have?
Transactions are protected by an escrow system. This means that when an offer is placed, the amount of cryptocurrency specified in the ad is reserved in the seller's wallet. Once the seller confirms receipt of the payment, the system will automatically transfer the cryptocurrency to your wallet using the reserved funds. In case of any controversial situations, please contact the support service.
4. What fees are charged for P2P transactions in Wallet Bot?
A commission of 1% of the transaction amount is charged only from the seller – for each completed transaction.
5. How to create an Advertisement and make a Deal on Peermkt bot?
Follow this guide if you want to sell or buy cryptocurrency.
6. How to initiate Transactions on the P2P Market?
Select the Ad that suits you and follow the instructions in the guides:
For those who sell cryptocurrency
For those who buy cryptocurrency
Questions about the Announcement
1. How to start trading?
To start trading, you need to top up your account with the selected cryptocurrency or be verified to purchase with fiat.
2. What is an advertisement?
The Peermkt user has the opportunity to sell a digital asset, for this the platform provides the opportunity to create an Advertisement for sale. When creating, the user must fill in the required parameters of the advertisement and publish it.
3. What does "Add payment method" mean?
The user must select payment methods from the list offered by the system. For the selected payment methods, the user must add the corresponding details.
4. What is a floating listing price?
The floating price in the ad changes with the market and is updated regularly.
5. What is a fixed listing price?
The fixed price in the ad does not change in accordance with the market price of the cryptocurrency.
6. What is the minimum amount of digital asset that can be listed in an ad?
Minimum limits for digital assets: 100 USDT.
7. Are there any limits on the price in the ad?
No, the user can use market price or set a fixed fee.
8. What is "payment time"?
Payment time is the period of time specified by the seller during which the buyer must send the amount specified in the advertisement to the seller's account.
Questions about the Deal
1. Who is the Seller?
A seller is a user who has created an advertisement for the sale of a digital asset or a user who has accepted the terms of an advertisement requesting the purchase of digital assets.
2. Who is the buyer?
The buyer is the user who has accepted the terms of the seller's ad and confirmed their willingness to participate in the transaction. It is also the user who created the ad with a request to buy the digital asset.
3. How can I send payment to the seller?
Follow the instructions on the order details page and transfer funds to the seller's account using the payment method provided. Then click the confirm payment button.
4. Why might a price expire?
This can happen if the listing has a floating price, as it changes with the market and is updated regularly.
5. What is a disputed transaction?
In case of a dispute between the buyer and seller, the parties to the dispute can contact the support service. In this case, the cryptocurrency in the transaction will be blocked until the end of the appeal process.
6. How to cancel a dispute on a transaction?
If the parties have reached an agreement and third party intervention is no longer required, you must inform the support service staff - they will close the dispute.