Exchange | Bybit officially launches P2P platform, making fiat currency exchange more convenient
This article is provided by Bybit
The world's fastest-growing cryptocurrency exchange, Bybit, has launched a P2P platform to help users easily exchange fiat currencies, continuously enhancing the trading experience. Starting from January 18, 2022, Bybit users can securely buy and sell Tether (USDT) with other users on the Bybit website, with no hidden fees, and the app version will be available soon.
The P2P platform offers over 80 different payment methods and more than 9 fiat currency options including Australian Dollar, Hong Kong Dollar, Indian Rupee, Malaysian Ringgit, Philippine Peso, Russian Ruble, New Taiwan Dollar, Ukrainian Hryvnia, and Vietnamese Dong, with more options in the pipeline.
Advertisement - Please scroll down for more content
Table of Contents
What to Expect from Bybit's P2P?
Bybit's P2P provides the best way to buy and sell cryptocurrencies, allowing Bybit users to have more options for converting cryptocurrencies to fiat currencies in a secure and reliable environment. When the buyer completes their order, the seller's cryptocurrency will be placed in escrow until both parties confirm the transaction for it to be successful. There will also be an advertisement posting feature, allowing whitelisted users to personalize their quotes based on priority pricing, payment methods, and local currency.
Ben Zhou, co-founder and CEO of Bybit, stated: "We are excited to launch P2P on Bybit to address the pain points in financial inclusion. This fiat currency payment solution provides a convenient channel for individuals lacking banking services and investors from around the world to invest in cryptocurrencies, freeing them from the troubles of opaque fees, multiple intermediaries, delayed transactions, and high thresholds. Bybit is committed to financial innovation and paving the way for financial freedom."
Join the "Bybit Chinese Community" for the latest updates: https://t.me/BybitChinese.
About Bybit
Bybit was founded in March 2018 and is one of the fastest-growing cryptocurrency derivatives exchanges with over 3 million registered users. With a "user-centric" approach, we are dedicated to providing professional, intelligent, convenient, and innovative online trading, mining, and staking experiences for retail and institutional clients worldwide. Our company focuses on creating a secure, efficient, fair, and transparent trading environment. We offer 24/7 multilingual customer service to provide users with timely assistance and support. Bybit aims to be the most trusted cryptocurrency exchange.