OKX's P2P (peer-to-peer) marketplace allows you to buy or sell cryptocurrencies directly with other users using your local currency. When purchasing crypto through P2P trading, OKX securely holds the assets until the seller confirms your payment, ensuring a safe transaction. This method offers more flexible payment options compared to traditional exchange platforms (available methods vary by seller).
Below is a step-by-step guide to buying cryptocurrencies with fiat via OKX's P2P trading:
Getting Started
To buy or sell cryptocurrencies through OKX's P2P marketplace, you must first:
- Complete identity verification (KYC process).
- Deposit funds into your OKX account if you plan to sell crypto via listed ads.
Via Web Browser
- Navigate to OKX P2P Trading and select Buy Crypto > P2P Trading.
👉 Access P2P Trading from the homepage Choose your:
- Payment currency
- Desired cryptocurrency
- Preferred payment methods
- Click Buy next to your selected offer.
- Enter the transaction amount within the order limits and confirm the payment method.
- Select Buy [Cryptocurrency] to proceed.
Note: OKX escrows the crypto until the seller confirms payment receipt, the order is canceled, or the timer expires. Avoid payments if the timer is near expiration—funds will auto-return to the seller.
- Use the chat window on the order page to communicate with the seller if needed.
- Mark Payment Complete after transferring funds via your chosen method.
Note: The crypto will be released to your OKX account once the seller confirms payment.
Via Mobile App
- Log in to the OKX App and select Buy Crypto > P2P Trading.
- Ensure Buy is selected at the top.
Filter offers by:
- Payment currency
- Cryptocurrency
- Ad types
- Payment methods
Click Apply.
- Tap Buy next to your preferred offer.
- Enter the amount within the order limits and select a payment method.
- Choose Buy [Crypto] with 0 Fees to continue.
- Use the Chat feature to message the seller if necessary. Otherwise, review order details and proceed.
- Tap Payment Complete after sending funds.
Note: Crypto is released to your account upon seller confirmation.
How to Cancel a P2P Order?
For buyers: Cancel anytime to release escrowed assets back to the seller.
- Web: Cancel via the order details page.
- App: Cancel via the order details page.
- Timer expiration: Orders auto-cancel if unpaid. Avoid last-minute payments—funds are returned automatically.
- Post-payment: Never cancel after paying. Instead, contact the seller to arrange a refund before canceling.
Why Choose OKX P2P Trading?
OKX P2P provides a secure, user-driven marketplace:
- Escrow protection: Crypto is held until payment confirmation.
- Dispute resolution: File a claim if the seller doesn’t release assets. OKX support will mediate and release funds after verification.
FAQ
Q1: Is P2P trading safer than traditional exchanges?
A: Yes—OKX’s escrow system minimizes fraud risks by holding crypto until both parties fulfill their obligations.
Q2: What payment methods are available?
A: Options include bank transfers, e-wallets, and cash payments, varying by seller. Always check the ad details.
Q3: How long do orders take to complete?
A: Typically 15–30 minutes, depending on payment processing and seller response times.
Q4: Can I trade without KYC?
A: No—OKX requires identity verification for P2P trading to comply with regulations.
Q5: What happens if a seller doesn’t respond?
A: File a dispute via the order page. OKX support will investigate and resolve within 24–48 hours.
👉 Start trading on OKX P2P today!
Note: All external links except OKX.com have been removed as per guidelines.
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