What is P2P Trading on Bybit?
Bybit's P2P (peer-to-peer) platform offers a secure and intuitive trading experience, allowing users to buy and sell positions directly with each other at mutually agreed prices. Note that Bybit does not provide buy/sell offers on the P2P page.
Supported Currencies & Payment Methods
Which Digital and Fiat Currencies Are Supported?
Refer to the P2P Order Limits for a full list of supported cryptocurrencies and fiat currencies.
Payment Methods
Bybit P2P supports over 300 payment options, including:
- Bank transfers
- Debit/credit cards
- In-person cash payments
To manage your preferred methods:
- Navigate to P2P User Center → Payment Method.
- Click Add Now to configure your options.
Account Requirements
Is KYC Mandatory for P2P Trading?
Yes. Individual or business KYC verification is required. Learn more:
Minimum Order Amount
Check the P2P Order Limits for details. Actual tradable amounts depend on advertisers' specified ranges.
Fees & Eligibility
Transaction Fees
Bybit charges zero fees for P2P trades. However, third-party payment providers may apply charges.
Why Am I Ineligible to Trade?
You may not meet the advertiser’s criteria. Click Not Eligible to review unmet requirements.
Trading Process
Cross-Border Trading
Yes! You can trade with advertisers globally if you can transfer the requested fiat currency.
Payment Method Issues
- Ensure your added payment method matches the advertiser’s exact requirement (e.g., "Bank Transfer" vs. a specific bank).
- For unlisted banks, use the generic Bank Transfer option.
Dispute Resolution
Order Discrepancies
- Use the chat feature on the P2P Order Page to communicate with the counterparty.
- If unresolved, file an appeal. Learn how here.
Customer Support
Contact Bybit via this form (select "P2P Trading"). Include:
- Your Bybit UID
- P2P order number
- Relevant screenshots
Block Trader FAQs
Dual Roles (Block + Verified Advertiser)
Yes, if you meet both sets of requirements. Note:
- Separate security deposits are needed.
- Priority in appeals/ad rankings defaults to the higher-tier role.
Unlocking Security Deposits
Request via the advertising page. Prerequisites:
- No ongoing orders or unresolved appeals.
Managing Advertisers
How to Follow Advertisers
Click the advertiser’s name → Follow on their profile.
Blocked Users List
Manage blocked users under P2P User Center → Manage Blacklist.
Visibility After Blocking
- Non-advertisers: Blocked ads disappear.
- Advertisers: Ads remain visible, but transactions are disabled.
Additional Verification
Why Extra Proof Is Required
Advertisers may flag orders with "Requires Verification" for added security. Submit requested documents during checkout.
Canceling Unverified Orders
Canceling due to failed verification or merchant rejection does not affect your completion rate or daily cancel limit.
FAQ Section
Q: Is P2P trading available on Bybit’s mobile app?
A: Yes, both the website and app support P2P trading.
Q: Can I trade P2P without KYC?
A: No—KYC is mandatory for all P2P traders.
Q: Are there fees for P2P trades?
A: Bybit charges no fees, but payment providers might.
Q: How long does dispute resolution take?
A: Typically 1–2 business days after submitting an appeal.
Q: Can I unblock a Block Trader deposit immediately?
A: Only if no active orders/appeals exist.
Q: Why can’t I trade after unblocking an advertiser?
A: They may have blocked you. Try other advertisers.