7 Best P2P Crypto Exchanges for Secure and Low-Cost Trading

Peer-to-peer (P2P) crypto exchanges empower traders to buy and sell digital assets directly without intermediaries, offering lower fees and flexible payment methods. Based on in-depth testing, these platforms excel in security, liquidity, and user experience:

Top P2P Crypto Exchanges

1. Binance P2P – Best overall for liquidity and global access.
2. Bybit P2P – Zero fees with 50+ payment options.
3. KuCoin P2P – Top choice for altcoin trading.
4. Huobi P2P – User-friendly interface for beginners.
5. OKX P2P – Strong fiat currency support.
6. Paxful – 350+ payment methods.
7. WazirX – Auto-matching engine with transaction IDs.

Comparison of Best P2P Platforms

| Exchange | Supported Crypto | Min. Trade | Fees | Payment Methods |
|-------------|------------------|------------|-------|-----------------|
| Binance | BTC, ETH, USDT | $10 | 0% | 100+ |
| Bybit | BTC, ETH, USDT | $10 | 0% | 50+ |
| KuCoin | BTC, ETH, USDT | $20 | 0% | 20+ |
| Huobi | BTC, ETH, HT | $100 | 0% | 59+ |
| OKX | BTC, ETH, USDT | $20 | 0% | Region-based |
| Paxful | BTC, ETH, USDT | $10 | 0.5–5%| 350+ |
| WazirX | USDT | $20 | 0% | 20+ |

👉 Compare P2P exchanges side-by-side

Detailed Reviews

1. Binance P2P

Best for: High liquidity and global reach.

• 0% fees on trades.
• Escrow protection and live chat support.
• Supports 100+ payment options, including bank transfers and e-wallets.

👉 Start trading on Binance

2. Bybit P2P

Best for: Zero-fee trading.

• Simple UI with real-time price aggregation.
• Minimum trade: $10.

3. KuCoin P2P

Best for: Altcoin diversity.

• Trade BTC, ETH, and USDT in 25+ fiat currencies.

4. Huobi P2P

Best for: Beginners.

• Advanced vendor filtering (ratings, payment methods).

5. OKX P2P

Best for: Fiat-to-crypto pairs.

• Regional payment flexibility (bank transfers, PayPal).

6. Paxful

Best for: Payment flexibility.

• 350+ methods, including gift cards and PayPal.

7. WazirX

Best for: Safety.

• Auto-matching engine with transaction IDs.

FAQs

How do P2P exchanges work?

Traders connect directly via ads, with crypto held in escrow until payment confirmation.

Are P2P platforms safe?

Reputable exchanges (like Binance) use KYC verification and escrow to reduce scams.

Which P2P exchange has the lowest fees?

Bybit and Binance charge 0% fees for P2P trades.

Key Takeaways

• P2P trading cuts out middlemen, lowering costs.
• Prioritize platforms with escrow and verified merchants.
• Always compare fees and payment options before trading.

For a deeper dive, explore our P2P exchange guides or start trading today!